iSwiss Bank launches ABS securities backed by 300 million euros tax credits
It takes just two minutes to apply for the Dubai Police service to pay traffic fines in instalments. Before the police automated the service, it used to take 70 minutes to process the request to get the service, the police have said.
Major Abdulla Yasser Amiri, director of Revenue and Fund Department in Dubai Police, said the service was launched in partnership with the UAE Central Bank and Dubai Islamic Bank.
It can be obtained at all banks in the country, making Dubai Police the first government entity to complete joint transaction processing with the Central Bank and the first policing agency to include direct debit in paying traffic fines.
"Including direct debit as a payment method to settle traffic fines … reduces paperwork hassles and cuts down the processing time to two minutes when customers apply for the services via the police's official website or the app," said Major Abdullah.
The officer said customers could complete the transaction without service fees or interest.
All customers who have bank accounts in the country can benefit from the service. The minimum value of the violations must be Dh5,000.
Is there a cap on the maximum number of instalments?
The service allows vehicle owners to opt for instalments for a maximum period of 12 months.
ALSO READ:
Major Abdullah said: "Customers can select 'direct discount' service and inquire about traffic violations by providing the vehicle number, traffic file number. This can be done via the app or the website.
"They have to fill out personal information, including ID number, bank account number and select the instalment period. The application process ends with entering an OTP," he said.
The smart, automated service saves over Dh1.71 million annually in human resources, administrative and operational fees, paperwork, and processing time for the police.
sahim@khaleejtimes.com
iSwiss Bank launches ABS securities backed by 300 million euros tax credits
These small businesses are committed to eco-friendly practices and have set up shop during Dubai Design Week
Let’s hope the authorities can resolve the challenges sooner rather than later so they gain their rightful relevance
South Africa has strongly condemned Israel's response to the unprecedented October 7 attacks that unleashed a war in which thousands have died
This accomplishment marks a significant milestone, and the company looks forward to sustained growth and success in the luxury fragrance distribution sector
The one thing all successful cities of the future will have in common is they will be climate resilient spaces, capable of mitigating and adapting to climate change
Sheikh Tamim called on the UN Security Council to force Israel to return to the negotiating table and slammed the international community's inaction in halting the conflict
Beyond his technical accomplishments, Datar is dedicated to educating others in his field