Central Bank Of the UAE (CBUAE) has implemented the enhanced. Payments systems offered in the country by introducing a system that is referred to us as UAE Direct Debit System (UAEDDS).

The DDS Is An Alternative Method Of Offecting Recurring Payment Transactions.

Participants In DDS Are:

ORIGINATORS:

Banks, NBFC, Utility Companies, Schools, Service Providers, Corporate, etc..

Payer:

Retail & Corporate customer who have opted to pay for the service provided by OROGINATORS using DD.

SPONSORING BANKS:

Banks through which pre-registered ORIGINATORS can participate in UAEDDS and send out DD-Request are sent out by SPONSORING BANKS.

Paying BANKS:

Banks to which the DD-Requests are sent out by SPONSORING BANKS