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UAE has a number of foreign
banks -mainly from the UK - plus UAE banks. Note under the
Ministry of Labour Wage Protection System (ministerial decree no. 788 of
2009) that if you hold a UAE Labour Card your wages must be deposited
into a UAE bank in Dirham. This is designed to protect workers from not
being paid. Typically they have separate counters & staff for customers with higher salaries, and offer a "relationship manager" to help navigate their arcane banking system. The biggest difference is the requirement for signed pre-dated cheques for e.g. quarterly housing lease, monthly car payment. Usually the only cheques you will use, and they have a strong status in law: it is a crime to bounce a cheque. Banks have modern technology for deposit: specialized ATMS that can read the value of cash notes, and for cheques provide a scan view on the ATM receipt. |