We provide state-of-the-art clearing services to banks and non-banking financial institutions who are looking for Cash Management requirements in the UAE. The FI team is well positioned to fulfill the needs of our clients in a swift and efficient manner.
Our systems are amongst the most sophisticated infrastructure available in the region where we offer:
- Straight Through Processing: A method to process AED payments in an automatic fashion without any manual intervention. This will ensure quicker processing of payments as well as safeguarding time and efforts following up and investigating on payment statuses.
- Cost Efficient Charges: The cross-border remittance business has been growing rapidly over the past decade, which has created a challenging operating environment for banks to operate and remit its clients’ funds. EI offers very competitive market rates, while also operating in a well-regulated environment which ensures complying with most global screening systems.
- Payment Corridors: At Emirates Islamic, we are proud to offer API integration to the most active currencies, including but not limited to INR and PKR. Other currencies are currently in development including EGP, GBP and JOR.
- Dedicated Servicing Desk: A dedicated desk to attend to all your servicing requirements, including payment status, balance enquiries, RFIs, etc.
