Sunday 09, July 2017 by Georgina Enzer

AMF organises workshop on clearing, payment settlement

A workshop on the clearing and intra-Arab payments system being developed by the Arab Monetary Fund, AMF, has been organised recently to enhance awareness of commercial banks and exchange companies operating in Arab countries about the details and workings of the new system, according to WAM.

A workshop on the clearing and intra-Arab payments system being developed by the Arab Monetary Fund, AMF, has been organised recently to enhance awareness of commercial banks and exchange companies operating in Arab countries about the details and workings of the new system, according to WAM.

The workshop, opened by Dr. Abdulrahman A. Al Hamidy, AMF Director General and Chairman of the Board, at AMF HQ in Abu Dhabi, focused on the privileges provided by the new system to banks and exchange firms.

A large number of bankers specialising in cross-border payment systems from over 130 banks and exchange firms participated in the workshop along with legal, and InfoTech experts and AMF specialists.

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