One of the top banking groups in the Middle East, North Africa, and Turkey (MENAT) region, Emirates NBD, announced a significant expansion of DirectRemit, its main cross-border payment product.
This improvement allows customers to send money more quickly and affordably, expanding the bank’s near-real-time, affordable money transfer service to more than 40 countries.
Benefits of DirectRemit’s expansion
Customers of Emirates NBD can now send money to over 40 countries in Europe, Australia, Singapore, and Hong Kong, thanks to the expansion, which offers the following advantages:
- Real-time financial transfers are free from uncertainty or delays.
- The ability to use the ENBD X Mobile Banking App or Online Banking to send money at any time and from any location.
- Dependable 24/7 service supported by a safe worldwide infrastructure.
- Competitive exchange rates.
Since its introduction in 2014, DirectRemit has completely changed the way Emirates NBD customers send money home. Starting in 2016, the flagship product supported transfers to India, Pakistan, the Philippines, Sri Lanka, the United Kingdom, and Egypt.
This program now meets the needs of more than 80 per cent of the expat population, which helps families with monthly expenses, education, mortgage management, and cross-border investment.
Emirates NBD’s commitment to enhancing cross-border payments
Yousuf Saeed Mohd, Group Head of Personal and Priority Banking and Retail Banking Sales at Emirates NBD, said: “As a front-runner in digital banking innovation, Emirates NBD is committed to delivering banking experiences that offer greater financial flexibility and convenience. We are pleased to expand this service to more than 40 countries worldwide, reinforcing the bank’s position as a leader in cross-border banking in the Middle East.”
He added: “Our customers come from all corners of the world and their need to send money home quickly, safely and affordably is inherently personal. By launching these new, near real-time remittance corridors, we are not just improving a service; we are strengthening vital connections between people and their loved ones across continents.”
The UAE is currently the world’s second-largest outbound remittance hub behind the US. Supported by the highest standards of compliance, security, and regulation, the new corridors are driven by the bank’s strong digital ecosystem and its strategic alliance with Nium, a top FinTech in cross-border payments.
Customers can immediately utilise the new corridors through the online banking channels and the Emirates NBD Mobile Banking App ENBD X.
About Emirates NBD
In the Middle East, North Africa, and Turkey (MENA) region, Emirates NBD is a prominent banking group with operations in 13 countries and more than 9 million active clients. AED 1.086 trillion, or roughly USD 295.7 billion, was the total assets as of June 30, 2025.
In addition to its representative offices in China and Indonesia, the Group operates 826 branches and 4,555 ATMs/SDMs throughout the United Arab Emirates, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia, and Bahrain. At USD 4.54 billion, Emirates NBD is the most valuable financial services brand in the United Arab Emirates.
Emirates NBD Group provides a variety of banking products and services, such as retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations, to its clients, which include individuals, businesses, governments, and institutions. These services help clients achieve their financial goals.
The Group is a major player in the global digital banking market, with 97 per cent of all requests and financial transactions taking place outside of its branches.
Additionally, the Group runs Liv, the lifestyle digital bank by Emirates NBD, which continues to be the fastest-growing bank in the region with nearly half a million users.