Labour's Bank Guarantee Refund


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How can I refund excess bank guarantee of cancelled employees?

Excess bank guarantee can be refunded through the following procedures:  

Bank Guarantee refund application can be typed from Tas'heel Centre.
Fees: Dh83 to be paid at Tas'heel Centre. Payment through e-Dirham or Credit card.

Mobile App: If your company uses MOHRE Mobile App, you can apply for bank guarantee refund free of charge.


Required Documents at Tas'heel Centre:
+ Original e-Signature Card of the Authorized Signatory
+ Labour Establishment Card copy
+ Trade License copy

+ Apply for refund through Tas'heel Centre.

+ Track the application through www.mohre.gov.ae. Approval will come within some hours. Once it is approved print it from www.mohre.gov.ae and submit to the concerned bank/finance company with the following documents.
+ Approval paper from MOHRE.
+ Trade License copy.
+ Emirates ID copy of submitting PRO/Partner
+ Filled manual form which is available at the bank (form to be filled if your bank is NBQ/AFAAQ Finance).

Cheque in the Company name: Bank/Finance company will issue cheque in the name of your company only.

If your bank is ALMASRAF Apply through online.
Open www.almasraf.ae and click on E-guarantee Refund.
Following documents are required to submit online.
-Trade License Copy
- Refund Certificates from MOHRE
- Power of Attorney (If any)
- Emirates ID of the submitting person
- Bank statement/ Account maintenance certificate

Cheque will be ready within 14 working days.
If your company does not have bank account, after receiving the cheque, any partner whose name is written in the license can encash the cheque from the same bank by paying service charge Dh100. Click here to read more about Bank Guarantee refund FAQs.

If your bank guarantee is from AAFAQ Finance
, cheque will be ready within 30 days.
If your company does not have bank account, they will transfer the amount to the license owner's/partner's bank account (IBAN). His name should be written on the license.
To transfer the amount to the owner/partner's account, you should present IBAN certificate, Original Emirates ID and License copy. You can get IBAN certificate from the bank you deal with. It's free.
Location: AAFAQ Finance Refund application Centre at Madina Mall, 2nd Floor, inside TAS'HEEL, Beirut St., Muhaisnah 4, Al Qusais Industrial Area, Dubai.

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+ To prepare your Family Visa applications; call

Bur Dubai: 04-252 22 22, 055-9105757

Qusais (Al Nahda-2) Near Zulekha Hospital: 04-239 1302, 055 273 2295, 055-345 7829

Qusais (Al Nahda-2) Behind NMC Hospital: 054 4170879

Hor Al Anz: (Deira): 04-265 8373, 050-715 0562

Qusais (Damascus St): 04-258 6727, 054-300 5931

For Collection & Delivery Service; call
04-252 22 22, 055-9105757

For visa service of all other emirates, call: 04-252 22 22, 055-9105757

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Address of Tas'heel Centres in Dubai
Al Nukhba Business Centre
Matar Plaza, Qusais, Near Mai Tower
Tel. 04-259 9990
Immigration & Economic (DED) Counters also available

Al Arabiya Business Centre

Damascus Street, Al Qusais, Tel. 04-323 9429

Smart Tasheel

#64, Damscus Street, Al Qusais Plaza
Tel: +971 4 6073 555


Estemarat Services

Muraqabat Street, Opp. Coral Deira Hotel
Tel. 04-704 4900
Economic (DED) Service also available

OnTime Business Solutions
Oud Metha Road
Tel. 04-397 7776
Economic (DED) & Ejari Service also available

Itqan Businessmen Services

Opp. Al Mulla Plaza, Tel. 04-232 7333
Economic (DED) Service also available

Tas'heel Business Centre
Ground Floor, Al Tawar Centre
Tel. 04-263 5588
Economic (DED) Service also available

Al Reaya Services
Near Oasis Centre
Sheikh Zayed Road
Tel. 04-346 7991

Mu'amala Businessmen Service Center
First Floor, Hyat Regency Hotel, Near Shindaga Tunnel, Dubai
Tel. 04-250 5566

DXB Businessmen Services
First Floor, Al Khail Mall, Al Qouze-4, Dubai
Tel. 04-321 3000

Boulevard Businessmen Services
Bay Avenue Mall, Business Bay, Dubai
Tel. 04-421 9030
Immigration, DED, Emirates ID Counters also available

EQC Government Enterprise Transaction Clearing CENTER
Toufiq-X Building -Manama st -Industrial Area 2-Ras Al khor - Dubai
Tel. +971 4 333 0102

Tasheel Alfaisal
Sheikh Zayed road heading to Abu Dhabi , Exit 41 , Al Thaniya Street.
Tel. 04 399 9993

Twasol Businessmen Services L.L.C
Al zaruni Bldg, Al Muraqqabat Road، Op Coral Deira Hotel Al Muraqqabat Dubai.
Tel. +97147044900, Web: www.twasol.ae

Tasheel, BURJUMAN
2nd floor, next to Sharaf DG

Tas'heel Centre Timing: Saturday to Thursday 7:30am to 7:00pm
Tel. 04-283 8800

MOHRE Call Center: 800-60
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Related Pages
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Abscond Reporting
Annual Leave
Ban-1 Year
Cancellation
Clearance Letter from Employee While he is in Service
Changing Employment Visa and Dependents Visa without exit
Bank Guarantee Refund
Designations
Emergency Leave
Employment Ban
Employment visa during Ban
Employment visa Renew
Employment rules
Employment Visa
Gratuity
Haj Leave
Labour Contract
Labour Contract Amendment
Labour Contract FAQs
Labour Contract New (After Entry)
Labour Dispute
Labour Establishment Card
Labour Establishment Card Amendment
Labour Fees Information
Labour Card Fine Calculator
Labour Guarantee Refund
Labour Law
Limited Contract
Lost Labour Card
Maternity Leave
Non-competition clause
Notice Period
Occupational Disease
Overtime
Part-time Visa
Probation Period
Profession Change
Professions
Reasons of Work Permit rejection
Salary increment
Severance Payment
Sick Leave
Tasheel Centers
Termination-Contract
Unpaid Salary
Visa Cancellation
Visa Transfer
Work Permit
Work Permit for relative Sponsored
Work Permit rejection

 

Call us for Saudi Visit Visa, Saudi Family Visa, Saudi Employment visa stamping, Saudi Embassy service, Certificate attestation and Family visa service of all emirates 055-9105757, 04-252 22 22 or mail your queries to visaprocess.ae@gmail.com

 

 

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