Can I pay my UAE bank loan from KSA after relocating for a new job?

Hello,

You can generally continue to pay your loan from outside the UAE. Most banks allow borrowers to make payments from international locations.

You need to inform the bank about your relocation to Saudi Arabia. Although your loan agreement doesn’t generally prevent relocation, informing the bank helps avoid any confusion or issues in the future.

They may ask for updated contact details in KSA and your employment information.

Before all these things, you have to ensure whether there is any travel ban imposed on you.

For further assistance, kindly share your WhatsApp number.

Greetings,

Yes, you can do that by bank transfer via the SWIFT code to your bank account in the Emirates, so that the installment will be deducted monthly.

We are honored to provide you with legal support. For further inquiries about your topic, you can come to our office or contact us via phone, WhatsApp, or email.

Dear Questioner,

Yes, it is possible to repay loans while being outside of the UAE. Please be sure to inform the related bank of your relocation to confirm.

Some banks will have international payment arrangements. Please be sure to repay any outstanding loans; failure to repay loans will result in travel bans or lawsuits.

For more information, please contact me at [-------].

Safa, Badr Legal Advice

Dear Inquirer,

We are pleased to serve you and address your inquiries.

If you are committed to paying the installments, there is no objection to that, and you can contact the lender of the loan.

If anything else is required, don’t hesitate to contact us via email at [-------] or call our offices in Dubai at [-------] or Sharjah at [-------].

Jasim Al Haddad Advocates & Legal Consultants

Yes, normally, it's possible to relocate and pay EMI from outside the UAE. When you inform about your relocation, the bank will ask you to update the details; like your communication, your new offer letter, and so on.

If you need further clarification, you may ask us.

Dear Inquirer,

Yes, you can relocate to Saudi Arabia (KSA) and continue to pay your EMI (Equated Monthly Installment) to the bank from outside the UAE. Here are some key points to consider:

- Payment Method:

Ensure that you set up a reliable payment method, such as online banking or international transfers, to make your EMI payments on time.

- Communication with the Bank:

Inform the bank about your relocation. It’s a good idea to keep them updated with your contact details and ensure that they are aware of your situation.

- Loan Terms:

Review your loan agreement for any specific terms regarding relocation or payment from abroad. Some banks may have particular requirements. It is best to have a lawyer present to prevent any risks that may occur.

If you need further clarification, you can contact us.

Hi,

Thank you for reaching out with your question regarding your loan with the bank.

Generally, as long as you continue to make your EMI payments on time, banks usually don’t have an issue with you relocating.

However, it’s important to review the terms of your loan agreement, as some banks may have specific conditions about relocating, especially if your salary will be deposited outside the UAE.

I would recommend scheduling a consultation so we can review your loan agreement and ensure you’re compliant with any terms that might affect your relocation plans.

Feel free to reach out to me on WhatsApp or by phone at [--------] to discuss further. You can also email me at [--------].

Best regards,

Suhail Rana