as far as the law in the uae is concerned, their laws are not applicable in the Philippines. international bank in the uae are franchised therefore are not owned by the same company in the Philippines. loans in the uae are insured. and do not entertain these bill collectors because they do not turn over the collection to the bank that's purely harassment. we know it we've been there. and we've done that. just be ready to protect yourselves and prepare for the worst. don't forget that you can always carry a gun in the Philippines legally, and if somebody enters your house claiming to collect unpaid debts from any bank in the uae and become a threat to you or your property you can always shoot them facing you, no sweat. after all your gun is licensed within the perimeter of your residence.
yes for 10 years
They can result in arrest, so yes unpaid bank loans will affect your police clearance certificates.
First of all, it depends that from which Bank you have took Loan. Local Banks are filing case against defaulter between 3 to 12 months. Some banks do not bother even to file a case. Normally in Transit you'll not pass through Immigration Counter, therefore you'll not get caught. Double check it.
Generally, no, one is not arrested in Bahrain for not paying their bank loans. However, as a result of processing through the court system, people are typically not allowed to travel outside of Bahrain until the debt is paid.
Absolutely! And they will cut off your head and send it home to your dog.
Dubai Islamic Bank was created in 1975.
Dubai Bank Kenya was created in 1982.
Mashreq Bank is a leading bank in the United Arab Emirates, or UAE, and it also does business in Europe. Its headquarters is located in Dubai, United Arab Emirates.
National Bank of Dubai - building - was created in 1998.
they are actually service provider in term of financing to their clients. Ali sain dino gaad
There is no Wells Fargo branch in Dubai
more than 48 across the counrt