Saudi Arabia to introduce faster interbank instant money transfers this month
Published 09 Feb,2021 via Arab News - Economy JEDDAH - Saudi Arabia this month will introduce a new inter-bank money transfer system, which will allow payments to be processed faster between local banks, helping to foster growth in the Kingdom’s rapidly developing e-commerce industry.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Arab News