Notice No. : 1815/2001

Date: 03/10/2001

To : All Moneychangers operating in the UAE

Subject : Outgoing Transfers

After Greetings,

Within the frame of the effort exerted to combat Money Laundering and Suspicious Fund transfers, you are kindly requested to immediately record details of persons or institutions that transfer an amount of AED (2000) two thousand or equivalent in other currencies or more on the attached form, as follows:

First : To ensure the correct identity by checking any of the below mentioned original documents (not the photocopy):

1. The Passport, or
2. UAE ID Card for UAE Nationals or,
3. Labour Card for Non-UAE Nationals, or
4. Driving Licence (UAE)

With the necessity to carefully check the person's photo in all cases.

Second : Recording the phone number only (without the Address).

In case reimbursement was paid by a cheque or a travelers' cheque, please keep a copy of the cheque only, noting on it the transferor's identity card number and his telephone number.

And, in case reimbursement was made by debiting a bank account, please note this on the approved form (attached).

In the case of transfers in amounts less than AED (2000), the transferor should be given a receipt without the said details.

Please comply with the said requirements, otherwise you will be subject to severe punishments.

Yours faithfully,

Sultan Bin Nasser Al-Suwaidi

Governor