It's more of an issue keeping loose ends in Dubai. Bank accounts can accrue fees, which if left unchecked, may lead to a criminal case being filed against the account holder, albeit that's in extreme cases. People can go to jail in UAE for money matters.
You can close your accounts after you leave, at least that's what ENBD told me. You mail them an account closure form with a copy of your ID and exit stamp and they should close it. I haven't personally done it, so can't say if it actually works. Best thing is to speak to your bank.
That's a very broad question lol. Depends on what you do for work, your experience, and where you plan to move, etc.
Hi there! I am in the same boat as you. Can't decide on how to transfer our savings to Canadian bank safely and close out Dubai bank account before our hard landing. Let me know if you come up with a solution please.
