01 October 2013 All banks and finance companies are now ready to embark on to the first phase of the UAE direct debit system starting October 5.In April, the Central Bank of the UAE announced that the ...

DUBAI, 1st October, 2013 (WAM) -- Further to an earlier communication in April this year, the Central Bank of the UAE has announced that registration of banks and finance companies into the direct ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will roll out a direct debit facility this year, a long-planned ...

THE Bangko Sentral ng Pilipinas (BSP) will roll out an interoperable auto-debit facility this year to allow bank clients to automatically pay bills even if their accounts and billers are in different ...