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ARTICLE · 21 JUNE 2019

What Happens If I Bounce A Cheque?

Dr Hassan Elhais
Dr Hassan Elhais
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Dr Hassan Elhais

Dr Hassan Elhais

Dr. Hassan Elhais, along with the team of legal consultants and prominent local lawyers across the...

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Payments on service and product is now easier, thanks to the power of our technology which enables us to process payments thru cards, cheques, and through methods online.

United Arab EmiratesFinance and Banking

Payments on service and product is now easier, thanks to the power of our technology which enables us to process payments thru cards, cheques, and through methods online. But in some instances we also encounter issues like bounce cheques or processing a payment but insufficient funds normally we can avoid these issues if we first check our own accounts before proceeding or buying items. In my interview in The National Newspaper, I discussed what actions can be made if a cheque has bounced, unpaid salaries, and how does UAE censorship board regulates media shown in television and cinemas.

Nowadays it's easy to open a bank account, on which gives you an access for easy payments thru issuance of cheque, debit and credit cards. Bounced cheque matters is just one of the common criminal cases in UAE. It's normal for banks to guarantee or take security on processing loans or credit cards. According to Article 401 of the criminal penal code, a detention or fine will be given

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