BUSINESS

UAE banks asked to replenish ATMs with new currency notes

March 26, 2020
The directive issued by the Central Bank of the UAE, the main regulatory authority overseeing all banks and financial institutions in the country, is part of the efforts to prevent the spread of coronavirus. — Courtesy photo
The directive issued by the Central Bank of the UAE, the main regulatory authority overseeing all banks and financial institutions in the country, is part of the efforts to prevent the spread of coronavirus. — Courtesy photo

Saudi Gazette report DUBAI — All banks in the United Arab Emirates have been asked to replenish with new currency notes of all denominations and ensure money remains available during the salary payment cycle for this month. The directive issued by the Central Bank of the UAE, the main regulatory authority overseeing all banks and financial institutions in the country, is part of the efforts to prevent the spread of coronavirus, the state news agency WAM reporting citing a press release by the central bank. The financial regulatory authority has also advised all banks to immediately implement additional preventive measures regarding ATM usage, such as sanitizing all ATM machines on a regular basis and providing preventive equipment including disposable latex gloves to its customers using the machines. The new directive comes as coronavirus cases in the country have risen to 333 with 85 new cases reported on Wednesday, according to the health ministry.


March 26, 2020
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