Commercial Bank of Dubai (CBD) has signed a partnership agreement with NOW Money, a digital account service, to provide accounts and cards targeted specifically at low-income customers.
NOW Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect. These accounts will also be offered to customers currently not banking with CBD. NOW Money and CBD believe that this solution will assist customers and provide a personal financial experience that has been lacking in the market to date, according to the official press release.
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