Emirates NBD, one of the region’s leading financial institutions across the Middle East, North Africa, and Türkiye (MENAT), has announced a major expansion of its signature cross-border payment solution, DirectRemit. With this enhancement, the bank’s near real-time and affordable international transfer service now reaches over 40 countries, empowering customers to send money faster and at improved rates.
The newly expanded DirectRemit service allows Emirates NBD clients to remit funds to more than 40 destinations across Europe, Australia, Singapore, and Hong Kong, while enjoying several key benefits:
• Instant money transfers with no delays or uncertainties
• 24/7 access to transfer funds from anywhere via the ENBD X Mobile Banking App or Online Banking
• Dependable and secure transactions supported by a robust global financial infrastructure
• Competitive exchange rates that enhance value for customers
Originally launched in 2014, DirectRemit transformed the way Emirates NBD customers transfer funds to their home countries. By 2016, the service extended to include key remittance corridors such as India, Pakistan, the Philippines, Sri Lanka, the UK, and Egypt. Today, it caters to over 80% of the expatriate community who rely on international transfers for family support, education, mortgage payments, and cross-border investments.
Yousuf Saeed Mohd, Group Head of Personal and Priority Banking and Retail Banking Sales at Emirates NBD, stated, “As a pioneer in digital financial solutions, Emirates NBD remains committed to providing customers with enhanced financial flexibility and seamless banking interactions. The expansion of DirectRemit to more than 40 global destinations reflects our continued leadership in cross-border banking across the Middle East.”
He further commented, “Our diverse customer base spans the entire world, and their need for fast, reliable, and affordable remittance options is deeply personal. By introducing these new real-time remittance corridors, we are not merely expanding a service — we are fostering stronger global connections between individuals and their loved ones.”
With the UAE ranking as the world’s second-largest outbound remittance hub after the United States, this expansion leverages Emirates NBD’s strong digital infrastructure and its strategic collaboration with Nium, a leading global FinTech provider for cross-border payments. These enhancements are supported by rigorous compliance, security measures, and international regulatory standards.
Customers can begin accessing the newly added payment corridors immediately through the ENBD X Mobile Banking App and Online Banking platforms, offering a seamless experience for global money transfers.
