What Does a 'Bank Merger' Mean for You?

From: Souqalmal.com <talktous_at_souqalmal.com>
Date: Thu, 29 Nov 2018 04:20:40 +0000

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** Is your bank merging? Here’s what it means for you… (https://www.souqalmal.com/financial-education/ae-en/is-your-bank-merging-heres-what-it-means-for-you/)
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Worried about what to expect with your bank announcing its plans to merge? With a few simple steps and precautions, you can ensure the transition to the new banking entity is a smooth one.
Read More (https://www.souqalmal.com/financial-education/ae-en/is-your-bank-merging-heres-what-it-means-for-you/)
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** UAE’s New Loan Transfer Regulations: How Do They Affect You? (https://www.souqalmal.com/financial-education/ae-en/uaes-new-loan-transfer-regulations-how-do-they-affect-you/)
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Heard the buzz around the new loan transfer regulations in the UAE? Here's a detailed account of all you need to know about the Central Bank's latest move, and how it affects existing and potential borrowers.
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** How retailers trick you into spending more! (https://www.souqalmal.com/financial-education/ae-en/how-retailers-trick-you-into-spending-more/)
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Do you always leave the mall with more than you intended to buy, and a wallet that's lighter than you intended it to be? You're not alone! Find out what tactics retailers use to trick you into buying more.

Read More (https://www.souqalmal.com/financial-education/ae-en/how-retailers-trick-you-into-spending-more/")
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** Tip Of The Week
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Changing your job soon? Make sure you keep your bank in the loop and inform them about the change before the final salary and end of service benefits are credited to your account. You may be required to submit proof of new employment to the bank, to avoid any disruption of banking services and your account being blocked.
It is also a good idea to check with your bank about its policy in such circumstances well in advance. And consider withdrawing a chunk of cash beforehand, as a precaution in case your account gets blocked.

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