Group supports UAE’s digital journey

The SWIFT User Group in the UAE held its Annual General Meeting (AGM), chaired by Jamal Saleh, Chairman of the SWIFT Users Group Steering Committee in the UAE and Director-General of UAE Banks Federation, the sole representative and unified voice of UAE banks. During the meeting, members approved the minutes of the 2024 Annual General Meeting and the audited financial statements for 2024, the budget for the current year (2025), the plans for the Group's activities, and its business plan to improve payment processes and benefit from the digital transformation in payments. The

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SWIFT User Group's AGM stressed the importance of the Central Bank of the UAE's (CBUAE) initiatives in payments to meet customer needs, enhance confidence in the banking and financial industry, achieve the goals of the National Payment Systems Strategy (NPSS), accelerate digital transformation, and strengthen the UAE's position as a banking, financial and trade leading hub.