UAE Commercial Transactions Law

Article 464 — Article (464)

Book Three: Banking Transactions · Part Five: Transactions on Securities · Chapter Two: Deposit Of Securities: Article (459)

1. The bank shall return the securities deposited with it on the demand of the depositor with due consideration to the time needed for preparation of the securities for such return. 2. The return shall be effected at the same place where the deposit was effected. The bank shall return the same securities deposited and not securities of the same kind with different numbers, unless it is agreed to return securities of the same kind or other securities or unless the law requires otherwise.

WAWhatsAppTGTelegram