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UAE has a number of foreign
banks -mainly from the UK - plus local banks. Typically they have separate counters & staff for customers with higher salaries, and offer a "relationship manager" to help navigate their arcane banking system. The biggest difference is the requirement for signed pre-dated cheques for e.g. quarterly housing lease, monthly car payment. Usually the only cheques you will use, and they have a strong status in law: it is a crime to bounce a cheque. Banks have modern technology for deposit: specialized ATMS that can read the value of cash notes and of cheques, and immediately credited to your account. |