UAE customers can open UK-based multi-currency accounts and apply for UK home financing using the ADCB-Nomo and Al Hilal-Nomo apps.
Abu Dhabi Commercial Bank (ADCB) and its Shariah-compliant digital banking subsidiary, Al Hilal Bank, have announced a groundbreaking partnership with the Bank of London and the Middle East (BLME) to introduce digital UK banking services for UAE nationals and residents. Through this collaboration, customers can access UK-based banking via the Nomo platform.
With the newly launched ADCB-Nomo and Al Hilal-Nomo banking apps, UAE residents can now open multi-currency current and savings accounts in the UK, as well as apply for UK home financing, all from the convenience of their smartphones. This innovative partnership marks a significant milestone in the expansion of digital banking services for UAE residents and nationals.
Nomo, a part of BLME, is a subsidiary of Boubyan Bank, one of the leading financial institutions in the Middle East. The platform was established to provide high-quality, Shariah-compliant digital banking services to non-UK residents in the Middle East, ensuring that customers in the region have access to a broader range of financial services.
This collaboration between ADCB, Al Hilal Bank, and BLME allows UAE customers to seamlessly manage their UK-based financial transactions while adhering to Shariah principles. The introduction of these services through the ADCB-Nomo and Al Hilal-Nomo apps demonstrates a commitment to digital innovation and customer-centric services from all participating banks.
The partnership is expected to benefit a large number of UAE nationals and residents who have financial interests in the UK or are looking to expand their financial options. By providing easy access to UK-based banking services through a user-friendly digital platform, this collaboration is poised to revolutionize the way customers in the UAE manage their cross-border financial needs.
With the continued growth of digital banking worldwide, this partnership between ADCB, Al Hilal Bank, and BLME showcases the banks’ dedication to staying at the forefront of innovation and providing customers with the best possible banking experience. As more customers turn to digital banking solutions for convenience and ease of use, the introduction of the ADCB-Nomo and Al Hilal-Nomo apps is a timely and valuable addition to the financial services landscape in the UAE.
