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Khaleej Times on MSNUAE: Can banks close customers' accounts after multiple bounced cheques?My two post-dated rent cheques bounced in the past six months because I forgot to maintain the required amount in my account. The landlord told me that my bank account would be closed if a third ...
Current and future spending is heavily concentrated in Abu Dhabi and Dubai. These two emirates account for 87 per cent of all projects currently in execution (Abu Dhabi has a 49 per cent share ...
Furthermore, it is learnt that onshore banks/financial institutions in the UAE have had instructions from the Central Bank to close a current account for two years if four cheques (from the ...
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