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UAE Banks can file a police case for bounced cheques, as these are held when finance is taken out by a customer for mortgages or credit cards. When a customer defaults, the banks can present cheques knowing that they will bounce. Bounced cheques are a crime in the UAE warranting prison sentences and fines. If the customer is out of the country and can not be located, the authorities can issue an Interpol Red Notice, claiming "fraud". The UAE reported a substantial number of Interpol notices for debt related matters on behalf of banks and have had many people arrested, at least temporarily abroad.
Detained in Dubai has been campaigning for the removal of these notices and as of March 2012, we note approximately 150 notices have been removed from the Interpol website.
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Can you enter Dubai with a criminal record?
If you are not listed in the UAE or Interpol or you passport shows a deny stamp of the country which you had the conviction there is no problem. But you better do not get caught in the UAE with drugs. Jail or execution can happen.
Can you be prosecuted in England for bank loan in Dubai?
I think yes becaus UK banks are already in Dubai, if your UK national and even your loan form national UAE bank , when you englend they can arrest you for sure , in the second year problem start , first two year they try to call you contact you , then connect to your government and if BIG BIG money interpol will come to you even in the pub this agreement between UAE and UK to let UK banks operate in UK
What is the action against the UAE bank loan defaulters in UAE and India who has already left Dubai?
Nothing.you can not return back to uae
If blacklisted from uae eligibile to enter Canada?
Yes, black listing in the UAE has nothing to do with any other countries unless criminal charges were brought against you and the case has been handed over to Interpol. If you are blacklisted in the UAE and tried to re-enter you will most probably be arrested - again it depends on the circumstances of the blacklisting
List of Banks in Dubai?
I need the list of scheduled and non scheduled banks in UAE. Can u plz help me out Reply me at: rao176@hotmail.com
What is the maximum tenure for which I can take loan to buy a house?
Banks in UAE are known to follow Islamic Finance rules. Generally, the home loans are given by banks for a maximum period of 15 years. Still, you can check with your bank to know more about this
Can the banks in UAE issued a global ban for a credit card debt?
yes, you will become a hobo
To get loan from bank in Dubai?
Bayzat.com is a great way to compare loans from 27 UAE banks.
I want to exchange currency with a bank in UAE?
There are many banks that offer great foreign currency rates.
How many golf courses are in the uae?
Take a look at UAE Golf Online, they have all the answers
How can I book Forex Online?
Many banks in UAE allows you to book forex online. The prevalent live Foreign currency rate is available online at the time of making the transaction to take an informed decision.
What is the eligibility criteria for applying for a personal loan in UAE?
To get a personal loan without salary transfer in UAE you should have a minimum monthly income of AED 25,000. Most banks and finance companies in UAE offer this loan option but you should check with your lending agency.
