The Request For Demand Draft Letter is a crucial banking document used in the United Arab Emirates when an individual or organization needs to obtain a bank-guaranteed payment instrument. This document type is commonly utilized for both domestic and international transactions where secure payment methods are required. The letter must comply with UAE Federal Law No. 18 of 1993 and UAE Central Bank regulations, containing specific details such as the requestor's banking information, beneficiary details, transaction amount, and purpose. It serves as an official record of the request and provides the bank with necessary authorization to issue the demand draft. The document is particularly important in business transactions where cash payments are impractical or when formal payment documentation is required for accounting and regulatory purposes.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Official letterhead, date, reference number, and bank branch details
2. Recipient Details: Name and address of the bank branch where the request is being made
3. Subject Line: Clear indication that this is a request for demand draft
4. Requestor Information: Full name, account number, contact details, and address of the person/entity requesting the demand draft
5. Beneficiary Details: Complete name and address of the demand draft beneficiary
6. Transaction Details: Amount in figures and words, currency, and purpose of the demand draft
7. Account Authorization: Authorization to debit the account for the draft amount and applicable charges
8. Signature and Date: Space for authorized signature(s) and date of request
1. Special Instructions: Used when specific handling or delivery instructions are required for the demand draft
2. International Transfer Details: Include for international demand drafts, containing additional details like SWIFT codes or corresponding bank information
3. Supporting Documents Reference: List of attached supporting documents when required for regulatory compliance or specific purposes
4. Urgent Processing Request: Additional section when expedited processing is required, including acceptance of additional charges
5. Multiple Currency Declaration: Required when dealing with currency conversion or when the draft is requested in a foreign currency
1. Identity Verification Documents: Copies of required ID documents as per UAE banking regulations
2. Transaction Purpose Documentation: Supporting documents explaining the purpose of the demand draft (invoices, contracts, etc.)
3. Authority Letter: If the request is made on behalf of a company or another individual
4. AML Declaration Form: Anti-money laundering declaration form when required by bank policies
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
International Trade
Retail
Manufacturing
Education
Healthcare
Professional Services
Construction
Import/Export
Legal Services
Insurance
Logistics and Transportation
Relevant Teams
Finance
Accounts Payable
Treasury
Procurement
Administration
Compliance
Banking Operations
Financial Control
Business Operations
Legal
Corporate Secretariat
Relevant Roles
Finance Manager
Accounts Payable Manager
Treasury Manager
Financial Controller
Chief Financial Officer
Accounting Manager
Purchase Manager
Procurement Officer
Business Operations Manager
Administrative Officer
Company Secretary
Compliance Manager
Banking Relations Manager
Finance Director
Account Executive
Find the exact document you need
Demand Letter To Pay Rent
A formal notice under UAE law demanding payment of overdue rent from a tenant, serving as a prerequisite for legal action through the Rental Dispute Settlement Center.
find out more
Court Demand Letter
A formal legal notice under UAE law demanding payment or performance of obligations, serving as a prerequisite to court proceedings in UAE jurisdictions.
find out more
Workers Comp Demand Letter
A formal demand letter under UAE Labor Law requesting compensation for workplace injuries or occupational illnesses, detailing incident circumstances and compensation requirements.
find out more
Tenant Deposit Request Letter
A formal letter used in the UAE to request the return of a tenant's security deposit, complying with UAE tenancy laws and regulations.
find out more
Simple Demand Letter
A formal payment request document under UAE law used to demand settlement of outstanding debts or contractual obligations.
find out more
Request For Demand Letter
A UAE-compliant formal request letter to a bank for issuing a demand draft, containing transaction details and necessary authorizations under UAE banking regulations.
find out more
Notice Of Final Demand
A formal legal document used in the UAE as the final warning before legal proceedings for debt recovery, complying with UAE Federal Laws regarding debt collection.
find out more
Legal Notice Letter For Outstanding Payment
A formal payment demand letter under UAE law serving as final notice before legal action, detailing outstanding amounts and settlement terms.
find out more
Legal Claim Letter
A formal demand letter compliant with UAE law that outlines legal claims and seeks specific remedies before court proceedings.
find out more
Insurance Claim Letter For Damaged Car
A formal insurance claim letter for vehicle damage compensation under UAE law and insurance regulations.
find out more
Demand Notice From Bank
A formal notice issued by a UAE bank to a defaulting customer demanding payment of outstanding amounts, in compliance with UAE banking regulations and laws.
find out more
Demand Notice For Loan Repayment
A UAE-compliant formal notice demanding loan repayment from a defaulting borrower, serving as a prerequisite to legal proceedings.
find out more
Demand Letter Return Of Personal Property Letter
A formal demand letter under UAE law requesting the return of personal property from its current possessor, serving as a pre-litigation document for property recovery.
find out more
Demand Letter For Informal Settlers To Vacate
A UAE-compliant formal notice demanding unauthorized occupants to vacate a property, serving as a prerequisite to legal action under UAE property laws.
find out more
Demand Letter For Home Loan
A formal notice of default and payment demand for home loan borrowers under UAE law, issued by financial institutions to initiate loan recovery proceedings.
find out more
Demand Letter For Bank Loan
A formal notice issued by UAE banks to defaulting borrowers demanding loan repayment, in compliance with UAE banking laws and regulations.
find out more
Demand Letter Collection Of Sum Of Money
A formal payment demand letter under UAE law requesting settlement of outstanding debt, serving as official notice before potential legal action.
find out more
Damage Settlement Letter
A legally binding document under UAE law that formalizes an agreement between parties regarding compensation for damages and releases liability upon settlement.
find out more
Builder Demand Letter
A formal payment demand document used in UAE construction projects to request outstanding payments for completed work, operating under UAE Federal Laws.
find out more
Unpaid Invoice Legal Action Letter
UAE-compliant legal demand letter template for collecting unpaid invoices, structured according to UAE Federal Commercial Laws.
find out more
Demand Package
A formal UAE-compliant document package used to demand payment of outstanding debts, combining a demand letter with supporting documentation and evidence.
find out more
Letter Of Claim Personal Injury
A UAE legal document initiating a personal injury claim, detailing incident, evidence, and compensation demand per local laws.
find out more
Accident Settlement Letter
A UAE-compliant legal document that formalizes the settlement terms and compensation between parties involved in a vehicular accident.
find out more
Settlement Demand
A formal legal document under UAE law presenting demands for dispute resolution and compensation, structured according to UAE Civil Code requirements.
find out more
Car Accident Demand Letter
A UAE legal document initiating a formal compensation claim for motor vehicle accidents, complying with local traffic and civil laws.
find out more
Demand For Payment
A UAE law-governed formal document demanding payment of outstanding debts, serving as an official payment collection notice under UAE jurisdiction.
find out more
Demand Note
A UAE-compliant template for an unconditional promise to pay a specified sum on demand, structured according to UAE Commercial Transactions Law.
find out more
Demand Letter For Payment
A formal written demand for payment of outstanding debt under UAE law, serving as an official payment request and potential precursor to legal action.
find out more
Letter Of Claim Personal Injury
A formal legal document under UAE law initiating a personal injury claim, detailing the incident, injuries, and compensation sought.
find out more
Final Request For Payment Letter
A formal final payment demand document under UAE law, serving as the last step before legal action and including detailed debt information and payment requirements.
find out more
Final Demand Letter Credit Card
A formal final notice under UAE law demanding payment of outstanding credit card debt before legal proceedings commence.
find out more
Demand Notice For Recovery Of Money
A formal legal notice under UAE law demanding payment of outstanding debts or monetary obligations, serving as a prerequisite for legal action.
find out more
Demand Letter To Landlord
A formal demand letter compliant with UAE property laws, used by tenants to formally request specific actions or remedies from their landlord.
find out more
Credit Card Demand Letter
A formal notice issued under UAE banking regulations demanding payment of outstanding credit card debt, including account details and legal consequences.
find out more
Commercial Rent Demand Letter
A formal notice under UAE law demanding payment of outstanding commercial rent, serving as an official prerequisite for legal action.
find out more
Collection Demand Letter
A formal payment demand document under UAE law that notifies debtors of outstanding obligations and requests immediate settlement.
find out more
Accident Claim Settlement Letter
A UAE-compliant legal document that formalizes the settlement terms and compensation for accident-related claims, governed by UAE Federal Laws.
find out more
Polite Demand Letter
A formal payment request document under UAE law that professionally demands settlement of outstanding dues while maintaining business courtesy.
find out more
Letter To Car Insurance Company For Claim Settlement
A formal letter requesting car insurance claim settlement in the UAE, compliant with UAE insurance laws and regulations.
find out more
Initial Demand Letter
A formal payment demand document under UAE law that initiates the debt recovery process by requesting settlement of outstanding obligations.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)