Mortgage Query | ExpatWoman.com
 

Mortgage Query

73
Posts
EW NEWBIE
Latest post on 01 June 2015 - 23:13

If you leave the UAE, is it true you have to close your bank accounts? How does that work if you have property that you're renting out? Where do they take the money from?

73
Posts
EW NEWBIE
Latest post on 02 June 2015 - 20:29
Thanks for your replies. We had friends leave two months ago and they were told they weren't allowed to keep their Mashreq Bank current OR savings account open. Maybe just a Mashreq rule...
5499
Posts
EW MASTER
Latest post on 02 June 2015 - 08:29
HSBC have told us that we need to close our current account but they've given us a savings account which works pretty much the same except no cheque book.
2264
Posts
EW EXPERT
Latest post on 02 June 2015 - 07:45
My husband hasn't been resident for two years - still has a bank account. So long as you keep making payments, they don't really care.
 
 

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