Several UAE banks have started eliminating handwritten customer signatures, opting instead for fully electronic signatures through the national digital identity system, banking sources revealed.
The move covers transactions that require customer consent and the verification of account-related information shared between banks, with all documents authenticated via the Central Bank’s official platform. Sources noted that government-supported digital platforms are likely to be expanded to include additional banking services, backed by initiatives such as open finance and blockchain technology. These advancements are expected to minimise errors, accelerate transaction processing, strengthen identity verification, and help combat fraud.
