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Bank Questions - Freezing/Closing Accounts
Hi ladies, know there are a few threads on this but wanted to know specifically if a bank is likely to freeze your account even if all loans paid out and credit cards paid and cancelled in advance? I am awaiting my final EOS benefits/gratuity and once this hits my account I plan on transferring funds out of the country and closing the account before I leave Dubai permanately next weel. I have no debts so dont see a reason for freezing however have heard horror stories so wanted to be sure. I bank with ADCB who have been pretty decent as far as banks go.
Also, has anyone closed a bank account with ADCB and if so, was this a simple process or a time consuming one? do I have to physically go to a branch to cancel or can I arrange over the phone? how long should I allow for this, 1 day? 1 hour? thanks all
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