Saturday, 30 April 2022 – 11:36 am
ABU DHABI, 30th April / WAM/ The Central Bank of the Emirates announced that banknotes in the denomination of five and ten dirhams have started to be circulated in the UAE markets following being distributed to banks operating in the country.
In a step to educate the public regarding the new banknotes and increase their circulation, the Central Bank, in cooperation with the Emirates Banks Association, provided the new banknotes of the denominations of the five and fifty-five dirhams through ATMs at banks spread across the country.
Several national banks participated in this initiative, such as Emirates NBD, Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Bank of Sharjah and many others, which made efforts within a short period of time to program ATMs in terms of accepting the new categories, and to update the technical settings in them to suit the content of the initiative. And lead to the achievement of its objectives to meet the requirements of individual customers for new banknotes and the happiness of dealers.
The new cash denominations were made available at dozens of ATMs of the participating banks, which are located in the main centers in all the emirates of the country. Participating banks will continue through their usual communication channels to guide their customers regarding the locations of these devices that provide the new banknotes in denominations of five, ten and fifty dirhams, in addition to other denominations.
WAM/ Ahmed Al Nuaimi/ Islama Al Hussein
