Monday 18 July 2022
Saturday 31 December 2022
Expo 2020
Join the making of a new world at the greatest showcase of human brilliance and achievement
Monday 11 July 2022
Saturday 31 December 2022
UAE Next 50
The year of preparation for the next fifty requires community collaboration to advance our development drive and its sustainability, and fulfill our aspirations to a better future for our UAE.
UAE Direct Debit System (UAEDDS)
The Central Bank of the UAE introduced UAEDDS in 2012 to provide a platform for bank customers to make automatic payments to meet their liabilities in their own bank or to any other bank, other financial institutes, service providers and third parties.
It is a safe and convenient method of making payments, ideally suited for regular payments with fixed or variable amounts such as utility bills, insurance payments, mortgage or loan repayments and subscriptions.
The system’s efficiency and governance are ensured by compliance with domestic and international standards, and the CBUAE’s Rules document.
Minimum UAEDDS Participation Requirements
The Applicant must:
-
Obtain the necessary CBUAE licenses and adhere to its regulatory controls
-
Maintain the required account(s) with the CBUAE
-
Obtain CBUAE Network Access Rights and complete successfully the CBUAE Services Network Certification Process
-
Obtain CBUAE Application Access Rights and complete successfully the CBUAE Application Certification Process; and
-
Adhere to the “UAEDDS Rules” document
Rate this page
Rated by People
Thanks for rating
Last updated on: Thursday 28 July 2022
Total visitors 1169
Rate this page
Rated by 1 People
Thanks for rating