Dubai Bank launches balance transfer and Cheque on Phone facilities.

Dubai Bank's new balance transfer facility allows new and existing customers to shift their credit card balance from another bank to Dubai Bank's Covered Card, at a highly competitive profit rate. Upon transferring their balance, customers may set-up an Easy Payment Plan with tenures of six, 12, 18 or 24 months.

Hisham Hammoud, Dubai Bank Head of Retail Banking Group, said, "Dubai Bank continues to enhance its products and services to meet the evolving needs of its affluent clients. With low profit rates, our new balance transfer facility will appeal equally to both new and existing customers."

Dubai Bank has also introduced a new Cheque on Phone service for Covered Cardholders who may now order a cheque made out to up to 100 per cent of the cash limit on their Covered Card. The transaction is then converted into an Easy Payment Plan with tenures again available of up to six, 12, 18 and 24 months.

2011 CPI Financial. All rights reserved.

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Publication:	CPI Financial
Date:	Sep 4, 2011
Words:	170
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Topics:	Banks (Finance)