Regulation, Risk & Compliance
Retail Banking
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Some UAE residents' credit, debit cards suspended for failing to update Emirates ID details, banks confirm
Banks in the UAE have suspended the accounts of customers who failed to update their Emirates ID details last month, leaving some residents unable to use their credit and debit cards for shopping and cash withdrawals. The move is in compliance with a directive from the UAE Central Bank, which…
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Click here to read the full story: Gulf News