UAE Adds Morocco to Its Instant Payment Network, Targeting 8% Remittance Fees for 800,000 Expats
The UAE and Morocco signed MoUs to link the UAE’s Aani instant‑payments platform with Morocco’s GSIMT Virement Instantané, aiming to lower remittance costs for roughly 800,000 Moroccan expats in the Emirates and deepen cross‑border payment ties.
