The value of transfers executed between UAE banks reached 3.53 trillion dirhams during the first four months of 2020 through the Emirates Financial Transfer System / UEFTS /.

According to the Emirates News Agency, the statistics of the Central Bank showed that the value of bank transfers amounted to 2.33 trillion dirhams during the period from January to April, while the value of individual transfers reached 1.2 trillion dirhams Almost in the same period.

And at the monthly level, the total value of remittances / banks and individuals reached 733.15 billion dirhams in April of this year compared to 906 billion dirhams in the same month of 2019 .

On the other hand, the value of withdrawals from the Central Bank amounted to approximately 88.055 billion dirhams during the first four months of 2020, of which 88.035 billion deposits in paper currency and the remainder in the coin. p>

During last April, the value of withdrawals amounted to 19.384 billion dirhams, according to the bank's statistics released today.

At the level of deposits from the Central Bank, it amounted to 74.053 billion dirhams during the first four months of the year 2020, including 74.049 billion dirhams in paper currency and the rest in metal.

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During April, the value of deposits with the Central Bank reached 16.65 billion dirhams.