ABU DHABI -- The Central Bank of the United Arab Emirates (UAE) and UnionPay International (UPI) of China said Sunday they have signed a deal for linking with UAE-Switch, a service that connects ATMs across the Gulf Arab country, state news agency WAM reported.
The agreement was signed to allow the use of UnionPay cards at all ATMs connected to the service, according to the report.
The deal was inked by deputy governor of the UAE Central Bank Mohammed Ali Bin Zayed Al-Falasi and China UnionPay President Shi Wenchao.
Falasi expressed delight on this joint cooperation as the number of Chinese citizens, residents, tourists and business people is steadily increasing year on year.
The agreement will allow UnionPay card holders access to over 4,800 ATMs in the UAE, he added.
There are 350,000 Chinese nationals living in the UAE and over 4,000 Chinese businesses are operating in the Gulf state. Dubai alone attracted last year 25 percent more tourists from China than in the previous year.
In 2013, a total of 275,675 visitors from China came to Dubai, according to the official tourism body DCTCM.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
