Best Transaction Bank in United Arab Emirates goes to Emirates NBD
This bank combined advanced technology and human expertise to manage cash and liquidity. It introduced a Virtual Account solution for a major real estate developer to simplify reconciliation and liquidity processes.
The bank also updated its digital cash management, migrating to a modern tech stack and launching over 20 API to optimise client operations. The bank also enhanced its trade and supplier finance offerings with digital upgrades like smart guarantees that reduced processing time by 80% and made transactions paperless.
For its strength in transaction banking, improved customer experience in key trade and cash management services, the award for Best Transaction Bank in United Arab Emirates goes to Emirates NBD.