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Direct Debit

Direct Debit

The UAE’s Direct Debit System (UAE DDS) allows you to pay regular or recurring bills from your Current /Savings account at Noor Bank by signing a Direct Debit Mandate form at any of our branches. According to your instructions, we will automatically pay your beneficiary on the next working day, or on the date you stipulate.

Features

  • One time set-up
  • Secure and mandate driven
  • Eliminates the need for payment reminders as long as there is sufficient cash in your account
  • Eliminates the need for post-dated cheques, or time spent in processing cheques
  • Eliminates queuing at branches or exchange houses to make payments
  • Substantial reduction in cost of payment and collection
  • Fully automated, with no need for manual tracking or paper-based instructions for recurring payments

For more details, please read Direct Debit FAQs

Download application forms

Direct Debit Authority Cards

Direct Debit Authority Finances

Key Highlights

  • Experience in arranging Regulation S and 144A issuances for sovereigns, quasi-sovereigns, financial institutions and corporates across multiple geographies.
  • Closed more than 25 private placements and public issuances since 2015.
  • Ranked amongst Bloomberg’s top 15 international USD Sukuk arrangers for the last three years.
  • Contact Us
  • Contact Us
    800-6667
  • Contact Us
  • Contact Us
    800-6667