DUBAI: The Dubai Police have signed a Memorandum of Understanding (MoU) with Commercial International Bank (CIB) to collect the traffic fines from bank’s credit card holders in interest free installments over 3, 6, or 12 months, with a minimum of Dhs500 for the one file.
The service is reported to be activated within a maximum of two weeks. Acting Director of the General Department of Finance, Brigadier Humaid Salem Al Suwaidi, representing the Dubai Police, signed the memorandum with the representative of the CIB Anil Kumar, in the presence of Brigadier Naeem Al Khateeb, Director of Revenues & Fund at the General Department of Finance, and a number of officers and individuals from both sides.
Brigadier Humaid Al Suwaidi said, “The new initiative falls in line with the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai, to promote happiness of residents of Dubai. Brigadier Al Khateeb said that the agreement enables the bank’s customers and people dealing with the police to pay their fines easily in the form of installments determined by the client himself, according to the options offered. Anil Kumar said that the Bank’s partnership with the Dubai Police reflects the Bank’s commitment to meet the growing needs of its clients, explaining that the move would contribute to facilitating the payment of traffic fines quickly and effectively.