Q: The bank had held my account 20 days in advance of my EOSB After I got my new visa and salary letter within the UAE. The bank had unfrozen the account but blocked the full amount of EOSB and asked me to provide a confirmation letter, which I feel is totally wrong. My loan amount is even half of my EOSB. Can I approach the banking court of the UAE about freezing the account and holding my EOSB?

Q: Hello, Can you negotiate with the bank my personal loan repayment and credit cards outstanding debts? I plan to leave the UAE in some months and I want to repay it from abroad, but I want to leave with a clean record, in good terms. Thanks, Dimitrios

Q: Hi I had taken a loan from banks and some credit card debts need to be paid. If I take this debt consolidation and settlement plan, will it be covering all my debts? Thanks & regards

Due to the large number of individual and commercial banking transactions and transfers they carry out from one country to another or within the same country, we present here a quick glance at the importance of bank account numbers and not the names of beneficiaries when making bank transfers in accordance with the law and Central Bank regulations.

The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.