UAE Commercial Transactions Law

Article 372 — Article (372)

Book Three: Banking Transactions · Part One: Bank Deposits, Transfers and Accounts · Chapter One: Bank Deposits: Article (371)

1. Save where otherwise agreed upon, the money deposit shall be refunded immediately upon request. The depositor may at any time dispose of the balance or any part thereof. 2. The said right may be conditional upon a prior notice or the expiry of a specific time limit.

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