mediumResidence
Bounced cheque (under AED 50k)
Issuing a cheque that bounces due to insufficient funds for an amount under AED 50000
Last reviewed:
Fine Amount
AED 2,000
Administrative fine plus civil enforcement proceedings
Why this rule exists
Protect financial transactions and trust in the banking system
How to avoid
Ensure sufficient funds in your account before issuing any cheque
Source: Bounced Cheque Law UAE