CBD App Enables Payments from Other Bank Accounts

Aug 17, 2026

55 min

Aug 17, 2026 09:31

CBD app lets customers make payments from accounts held with other banks

## New Feature in CBD App

The Commercial Bank of Dubai (CBD) has introduced a groundbreaking feature in its mobile app, allowing customers to make payments from accounts held at other banks. This marks the first time such a service is available in the UAE, following approval from the Central Bank of the UAE.

## Open Finance Initiative

This development is part of the UAE's Open Finance Initiative, which facilitates secure data sharing between licensed financial institutions. CBD's new feature enables users to view balances and initiate payments from eligible accounts outside of CBD, all within a single app interface.

## Future Plans

CBD plans to expand its Open Finance services later this year, enhancing the app's capabilities beyond its current offerings. The bank's Chief Digital Officer, Vladislavs Mironovs, emphasized the goal of creating a secure platform for managing accounts across different banks.

## Strategic Move

The approval as a Third-Party Provider is a significant milestone for CBD, aligning with the UAE's digital transformation goals. This initiative aims to improve how customers manage their financial services, offering greater convenience and integration.

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