Can the UAE Banks Federation help your enterprise recover payments from bounced cheques?
Sourced through Scoop.it from: www.stalawfirm.com
Legal Development – Bounced cheques and UAE Law
The UAE Banks Federation, the professional entity that represents forty-nine banks across the United Arab Emirates have formally decided to extend support to small and medium-sized enterprises. Banks will freeze all legal action against SMEs to enforce and/or recover payments.