Roads and Transport Authority – Nashwan Atta’ee:

Dubai’s Roads and Transport Authority (RTA) and the Dubai Commercial Bank International (DCB); a leading bank in the UAE, have agreed on an initiative whereby fines due from road users to the RTA and fees of seasonal parking cards can be paid through easy instalments. The payments can be arranged at varying time, depending on the amount, through credit cards with zero interest.

Yousef Ahmed Al Redha, CEO of Corporate Administrative Support Services Sector in RTA, and Hasan Al Redha, General Manager, Institutional and Transaction Banking at the Commercial Bank of Dubai have signed the agreement, in the presence of officials from both parties.

“RTA has agreed with the Dubai Commercial Bank on a payment plan for fines and parking fees through easy instalments over 3, 6, 9 or 12 months with no interest involved,” said Al Redha.

“In keeping with the Dubai Government vision of boosting the happiness of residents, and as part of Dubai Commercial Bank commitment towards developing innovative financial solutions for clients, we are proud to team with the RTA. This partnership entitles holders of our cards to transform their fines and parking fees into easy interest-free payments,” said Hasan Al Redha, General Manager, Institutional and Transaction Banking at the Commercial Bank of Dubai.

“The public-private partnership is vital for leveraging Dubai ambitions and realigning with the directives of our leaders. This partnership with the RTA aims to ease the financial burden on our card-holders by offering them flexible and effective payment plans,” added Hasan Al Redha

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.