The UAE Banking Federation is theprofessional body representingbanks operating in the UAE, which seeks to promote growth and raise standards in the banking and financial services industry.
All member banks of UAE Banks Federation have high ethical standards and acknowledge that trust among their customers is essentialto their success.
To this end,in 2013 the Federation adopted a voluntary Code of Conduct for all member banks which set expectedlevels of performance and delivery of services to individuals and small business customers to promote trust and best practice across the industry as a whole. The Code also covers disclosure and principles of conduct, such as a banks obligation to disclose terms and conditions, fees and charges, and other information about its banking services.
This Customer Charter has subsequently been adopted by members of theFederation to provide bank customers in the UAE with clear guidelines about the standards of service they can expect from their banks. It also contains details of the responsibilities of customers to ensure that their own behaviour does not prevent banks from providing secure and appropriate products and services to them. The Charter is a voluntary code which represents the desire of all banks to meet consistently high standards in the services they provide.
Through thisCharter UAE Banks Federation encourages allmember banks to deliver the highest standards ofcustomer service across their distribution channels and provide high quality and value added financial products and services to customers.
UAE Banks Federation member banks will:
Customers of UAE Banks Federation members are urged to:
UAE Banks Federation will review this Charter annually to ensure that it still reflects current legislation and the economic climate of the UAE, as well as the developing requirements of the banking industry and its customers.