METHODS OF PAYMENT

MONEY MATTERS
Currency and exchange rates
Banks
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Hotel exchange rates

Hotels offer a bureau de change service. However the rate is usually less favourable than that available at moneychangers and banks..

Personal cheques

Although there have been major changes in recent years, the UAE is still a cash-driven society and personal cheques are not readily accepted.

Travellers’ cheques

Most travellers’ cheques can be cashed at hotels, some moneychangers and banks. You should enquire about the commission before exchanging your cheques.

Credit cards

Most internationally recognized credit cards (e.g. VISA, MasterCard, American Express, Diners) are accepted by car rental companies, larger shops, hotels and some restaurants. However, you should carry some cash for general shopping and eating out at smaller establishments. Some small retailers, even if they do accept credit cards, may charge an additional 5 per cent for processing your payment with a credit card.

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Lost credit cards

American Express	04 3365000
Diner’s Club	04 3498200
MasterCard International	04 3138888
Visa	04 3319690
HSBC	800 4420
Citibank	800 4000
Emirates Bank International	800 4080
Mashreq Bank	800 4010
Standard Chartered	04 3520455
Commercial Bank of Dubai	800 4474
National Bank of Dubai	800 4767/04 2233166

ATM

Your ATM card is probably the most convenient method of obtaining cash and ATM’s are located at many local banks. However, it would be wise to check beforehand with your own bank whether your card will work in the UAE. Check also whether there is a transaction fee for cash withdrawal from ATM machines using a foreign bankcard.

 

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