UAE · Account Transfer · Est. 2023
The UAE's Instant Payment Platform launched by the Central Bank of the UAE (CBUAE) under the consumer brand "Aani". IPP enables 24/7 real-time transfers between banks and financial institutions via IBAN, mobile number, or email address. Part of the CBUAE's Financial Infrastructure Transformation (FIT) programme alongside the Digital Dirham CBDC initiative, IPP is built on ISO 20022 and designed for a digital-first economy. The UAE's high smartphone penetration, expatriate population, and position as a regional financial hub make IPP strategically important for both domestic payments and future cross-border linkages with other Gulf and Asian systems.
IPP is UAE’s real-time payment system (Account Transfer), launched in 2023. The UAEs Instant Payment Platform launched by the Central Bank of the UAE (CBUAE) under the consumer brand Aani.
IPP processed 400.0 million transactions worth $162.0bn in 2025, a year-on-year change of +100.0%.
IPP is operated by CBUAE, with instant settlement.
IPP launched in 2023, and today has 20 participating institutions.
IPP supports proxy/alias lookup, ISO 20022 messaging.
Data source: CBUAE.
| Capability | Status |
|---|---|
| QR Code Payments | — |
| Wallet Support | — |
| 24/7 Availability | ✓ |
| Cross-Border | — |
| ISO 20022 | ✓ |
| Request to Pay | — |
| Open API | ◐ |
| Alias/Proxy | ✓ |