CBD app lets customers make payments from accounts held with other banks

Customers can view balances and initiate payments from eligible accounts held elsewhere

Last updated: August 17, 2026 | 12:59

Nivetha Dayanand, Assistant Business Editor

2 MIN READ

CBD app lets customers make payments from accounts held with other banks

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Dubai: Commercial Bank of Dubai customers can now initiate payments from eligible accounts held with other banks directly through the CBD mobile app, bringing multiple banking relationships into a single app experience.

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CBD said it has become the first bank in the UAE to introduce the capability, following its approval by the Central Bank of the UAE to operate as a Third-Party Provider under the country’s Open Finance Initiative.

The bank had activated Open Finance in a live environment in December 2025 and said the latest development expands the services available through its mobile app.

Payments from other accounts

Customers will be able to view balances held with other banks and initiate payments directly from those accounts through the CBD app.

The service is designed to give customers visibility across their eligible accounts while allowing them to manage payments involving other banks through one platform.

Additional Open Finance services are planned later this year, according to CBD.

Securing Third-Party Provider approval is a significant step in our Open Finance strategy. It enables us to enhance how customers manage their financial services while supporting the UAE’s digital transformation agenda.

Dr. Bernd van Linder, Chief Executive Officer of CBD

More services planned

The approval allows CBD to extend the capabilities of its mobile app beyond accounts and services held within the bank itself.

Vladislavs Mironovs, Chief Digital Officer at CBD, said: “This approval allows us to extend the capabilities of the CBD mobile app beyond our own ecosystem. We are building a platform where customers can access and manage accounts across banks securely, with additional Open Finance services to follow later this year.”

The UAE’s Open Finance framework enables secure, consent-based data sharing between licensed participants, with CBD’s latest service allowing customers to use that framework to access and initiate payments from eligible accounts held with other banks.

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Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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