State banks cancel «OTB» .. and documents transactions through applications

The banks operating in the country gradually, starting from Friday, July 25, 2025, are to cancel the receipt of customers for one time known as «OTP» OTP via SMS, or e -mail of electronic transactions and financial transfers of all kinds of local and external, and moving to documenting these transactions using the smartphone via mobile phone.

In an official document, “Emirates Today” obtained a copy of it: “According to the instructions of the Emirates Central Bank, please know that the receipt of passwords will be canceled once through text messages or email, and customers can complete electronic transactions with ease through the smart application, by choosing the feature (documentation via an application).