A Manager's Cheque is a cheque issued by the bank drawn upon itself and can only be cashed by the bearer on the date stated on the cheque. It is also known as a treasury cheque or cashier's cheque.
A Manager's Cheque is always guaranteed by the bank. It is a convenient, safe and reliable way to pay large amounts relatively quickly, as it does not go through the regular cheque clearing process.
In exchange for the cheque, you must deposit the exact amount with the bank and pay a fee for this service.
A drawee can only return a Manager's Cheque if it is forged, contains missing information or has been altered in any way.
A Manager's Cheque can only be issued in AED and is an account payee cheque that can only be cashed locally, i.e. at banks in the UAE.
What’s Next
If the balance is available and the details are correct, your Manager's Cheque will be processed and sent to you. You will be contacted on your registered mobile number to arrange delivery.
The charge for a Manager's Cheque is determined by your Emirates Islamic Banking Package. Learn more details below:
No, you can’t apply for a Manager’s Cheque through the Emirates Islamic Mobile App. However, you can apply for it through online banking. You can access online banking through your desktop or by opening the web browser on your mobile.
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