Tag: Direct Debit System
UAE Central Bank kicks off Direct Debit System
Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...
UAE Central Bank Postpones Direct Debit System
The adoption of a direct debit system from accounts of consumers will be deferred with two months. That was announced by UAE Central Bank...
UAE Central Bank to introduce the Direct Debit System
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System' in the UAE with effect from 15th June 2013, according...