What’s with the online Banking

Ah the menace of technology, Like all major banks in the world Dubai Banks are trying to launch their own version of Online Banking services as well as online banks. The first time i came to the UAE I was on a visit visa and it seemed convinient to open an account online at the much marketed Me Bank, The problem with the bank is that even though they are partners with a regular bank Emirates bank, everything has to be done online ME Bank has no tellers so if you have a problem you gotta call them for services, the number they provide is not even toll free, talk about convinience. And you would think that since there is no personal service they would be free on the phone, no way, nothing’s free in this world you got a problem, you call them, they help you out and clink! there go 10 Dirhams. Not only that there is a daily limit of withdrawls of 10,000 buks at the ATM you got an emergency? sure they can accomodate you at Emirates bank Tellers all they charge is an extra 10 Bucks again. But you know what took the cake? I needed my bank statement attested for some reason since they don’t issue montly statements other then their online versions, I called them up paid the 10 Dirhms for direction to go to the nearest branch of emirates bank and the person there said sure we’ll give you your statement guess what we’ll be charging you 25 Dirhams, yes thats 25 Dirhms, but thats what all banks charge for a statement you say, well I forgot to mention thats 25 Dirhms Per “Page”. I had about 17 pages for the last 6 months thats a whopping 425 Dirhams. Some one needs to tell these people that online banking is supposed to be cheaper. And I need to find another bank. I guess thats enough bitching for a day.

1 Comment so far

  1. Salman Ahmed (unregistered) on December 29th, 2005 @ 11:16 pm

    my god! well there is a bank of Abudhabi group in pakistan called Alfalah Bank, it very accomodating and take cares of its account holder with its friendly staff and services but am shocked to here that in UAE the banking system have’nt matured much and they’re not taking care of their client’s need… thats simply unblieveable!

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