• Type: FAQ
Tuesday, 09 February 2021, 06:54
  • Third-party cheques require a prior Finance approval before depositing with the Bank
  • Cheque approvals can be requested by sending scanned copies of the cheque/s and the documents to This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Requirements related to third-party cheques are as follows:
# Type of Cheque Requirements
1

Company Cheque:

  • Should have a valid license issued by an authority in UAE
  • Form of Company i.e., LLC, Est, FZE, FZCO, etc. is not an issue
  • Applicable for both existing and new Companies
  • Local Bank’s cheque in AED
  1. Valid License Copy
  2. PP Copy with valid visa Page of the signatory/signatories
  3. Letter of Undertaking – letter of the Company issuing the Cheque on Company Letterhead with details of the cheque and an undertaking stating that they have issued the cheque on behalf of the Jafza Co. and will be responsible for honouring the cheque
  4. 1 CDC (1st instalment) and 1PDC (Balance Amount) due in 75 days to be replaced 3 weeks before the due date or
CDC and PDC as per the payment schedule.

 

2

Personal Cheque:

  • Valid UAE Visa
  • Local Bank’s cheque in AED
  1. PP Copy with valid Visa page of the signatory/signatories
  2. Letter of Undertaking – format is available upon request, either by sending email to This email address is being protected from spambots. You need JavaScript enabled to view it. or from finance helpdesk.
1 CDC (1st instalment) and 1PDC (Balance Amount) due in 75 days to be replaced 3 weeks before due date

 

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