UAE Commercial Transactions Law

Article 386 — Article (386)

Book Three: Banking Transactions · Part One: Bank Deposits, Transfers and Accounts · Chapter Two: Bank Transfer: Article (380)

It may be agreed to postpone the execution of specified transfer orders, whether they are sent directly by the person ordering the transfer or presented by the beneficiary, until the end of the day in order to have them executed with other orders of the same kind and presented to the bank on the same day.

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