Monday 18 July 2022
Saturday 31 December 2022
Expo 2020
Join the making of a new world at the greatest showcase of human brilliance and achievement
Monday 11 July 2022
Saturday 31 December 2022
UAE Next 50
The year of preparation for the next fifty requires community collaboration to advance our development drive and its sustainability, and fulfill our aspirations to a better future for our UAE.
UAE Switching System (UAESWITCH)
The Central Bank of the UAE introduced UAESWITCH in 1996 to link the Automated Teller Machine (ATM) network of all banks in the UAE, enabling customers of different banks to use any ATM and Point of Sale (POS) facilities in the U.A.E.
The UAESWITCH provides regional and international connectivity with other similar national systems. Currently, the UAESWITCH is connected to the Gulf Cooperation Council (GCC) states, known as the GCCNet {https://www.gcc-net.net/gcc-net/Default.aspx } and  to the China Union Pay (CUP) system. Such interconnectivity allows the cardholders of these different systems to use their services interchangeably.
Â
The efficiency and governance of the system are ensured by compliance with domestic and international standards, and the CBUAE’s Rules document.
Minimum UAESWITCH Participation Requirements
The Applicant must: -
-
Obtain the necessary CBUAE licences and adhere to its regulatory controls
-
Maintain the required account(s) with the CBUAE
-
Obtain the CBUAE Network Access Rights and complete successfully the CBUAE Services Network Certification Process
-
Obtain the CBUAE Application Access Rights and complete successfully the CBUAE Application Certification Process; and
-
Adhere to the “UAESWITCH Rules” document.
Rate this page
Rated by People
Thanks for rating
Last updated on: Thursday 28 July 2022
Total visitors 1327
Rate this page
Rated by 1 People
Thanks for rating