No limits on legal flow of money

No limits on legal flow of money. (EB FILE)

There are no restrictions on transactions involving large sums of money or on execution of investment operations in the UAE banks, as long as the source of the money and the direction of the flow are legitimate, said a minister.

Obaid Al Tayer, Minister of State for Financial Affairs, told the Federal National Council that there are a number of laws to protect the country's financial system.

 

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