UAE Commercial Transactions Law

Article 374 — Article (374)

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

Where the bank issues a saving deposit book, it shall be issued in the name of the person in whose favor the book is issued, and deposits and withdrawals shall be entered therein. The particulars entered in such book, which are signed by the bank's employee, shall constitute evidence for proving the said particulars between the bank and the person in whose favor the book is issued, and any agreement to the contrary shall be null and void.

WAWhatsAppTGTelegram