Direct Debit Authority
In October 2013, the Central Bank of the UAE announced the implementation of the Direct Debit System. This aimed to provide a safe and convenient automated method for payment, suited for fixed or variable amounts.
In line with above, Amlak Finance is required to abide by all Central Bank regulations and we kindly request our customers to amend the current mode of payment of their account to be adjusted with the Direct Debit System payment method. The system provides a number of benefits, including:
- Enhanced security and convenience, which requires only a one-time set up.
- Automatic payment on due date, as long as your account has sufficient funds to cover the payment amount.
- Fully automated installment system, eliminating the need for manual tracking
For more information, please contact us at email@example.com.