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  • COB 4.2 COB 4.2 Accepting Deposits

    • COB 4.2.1

      A Bank, in the course of Accepting Deposits, must not:

      (a) Accept Deposits from the State's markets;
      (b) Accept Deposits in the U.A.E. Dirham;
      (c) undertake currency or foreign exchange transactions involving the U.A.E. Dirham; or
      (d) Accept Deposits from Retail Clients.
      Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]