Partial cheque payment

If you don’t have the full amount in your account, your beneficiary can request partial cheque payment

No More Bounced Cheques!

If you’ve issued an Emirates Islamic cheque towards a payment and your account does not have sufficient funds to cover the full amount, our partial cheque payment facility has you covered. Your beneficiary can partially encash the cheque until the full value is recovered.

It’s best to inform the beneficiary to whom the amount is payable so that they can agree to and request the partial payment.

Eligibility

To avail a partial cheque payment, make sure:

The cheque is returned unpaid due to insufficient funds in the account
The beneficiary requests this
The cheque is processed at Emirates Islamic
The cheque is not stale (more than 180 days from the due date)

How to Apply?

Visit any of our branches and bring the following documents with you:

The original cheque and the ‘cheque returned’ memo which must state ‘insufficient funds’
Identification documents
- For individuals: Passport or Emirates ID
- For non-individuals: Trade license, copy of power of attorney (POA) along with passport or Emirates ID of the authorised POA signatory
The partial cheque payment form accurately filled in and signed

Fees and Charges

There is no fee for availing a partial cheque payment.

FAQs

What happens if my beneficiary avails a partial cheque payment?

If your beneficiary partially enchases a cheque, we’ll issue a certificate of partial payment and the original cheque will be returned to them after endorsing the partial payment. The payer of the cheque will receive a message with the details of the transaction if they have registered for the SMS services.

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