6 ViewsUAE banks have tightened internal checks for delegated authority. As a result, Central Bank rules and AML laws now require careful verification before accepting any Power of Attorney. Banks must follow strict AML/KYC guidelines from the Central Bank of the UAE, which means they review every POA closely to prevent fraud, money laundering, or misuse. This has led to many POAs being rejected if they don’t meet exact standards. Here are the key things that usually decide if a bank will accept your POA in Dubai: Proper Notarization and…
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