Well I can confirm that my account was not frozen as well. No problem at all. Only heard that from Emirates NBD...
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Seems bank accounts are good until the date your UAE ID card would have expired . Several friends from different banks ran into problems when this happened . For one it was a bit over two years after his leaving .
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My bank account was not frozen as well. Maybe because I settled everything before I told them that I resigned. But In anticipation, I withdrew most of the money before it gets locked in.
Received the last salary on the Last day of service and then closed the account from NBAD/First Arab Bank. No hassles experienced. For info: As I was told the Bank accounts can be left Active(even w visa cancelled)but with a monthly maintaining balance. If it goes below the minimum, you'll get charged 25dhs per month. That's with First Arab Bank(NBAD). |
Retention money
Hello gents, for those who left after how long did you receive your retention money? was it inclusive of any other money? i am due overtime and flight pay for August and they told me that they would have paid it with the retention flare |
Whats the score with the final cheque? Is it made to cash or will it be in my name? I have had a no-liability letter from HSBC and they say that they will not close the account; is it wise to put the cheque through this account to clear and then send the money home via GCN, the risk of getting my provident fund locked into my bank account with no access to those funds is worrying me as I ha e heard of stories where the visa cancellation triggers a bank freeze. Advice greatly accepted here. |
Originally Posted by captainsmiffy
(Post 10296676)
Whats the score with the final cheque? Is it made to cash or will it be in my name? I have had a no-liability letter from HSBC and they say that they will not close the account; is it wise to put the cheque through this account to clear and then send the money home via GCN, the risk of getting my provident fund locked into my bank account with no access to those funds is worrying me as I ha e heard of stories where the visa cancellation triggers a bank freeze. Advice greatly accepted here. if you settle your bills,loans and credit cards to the bank ahead of time, there should be no problem. Bank will not hold your money, you can take your deposits and close the account as you want. |
Originally Posted by flareflyer
(Post 10296658)
Hello gents, for those who left after how long did you receive your retention money? was it inclusive of any other money? i am due overtime and flight pay for August and they told me that they would have paid it with the retention flare The overtime and flight pays should be included on the Final cheque. The only reason the last salary and flight pay doesnt get included, is when you still have a No liability letter to be cleared in the bank. In this case, EK will deposit the last salary to that bank. It will not be added to the retention pay. It is for you to withdraw the amount and close the account once you have cleared all your loans, and This was my case. should you have No liabilities to the Bank, all your money will be in 1 cheque except the Retention money which is a security deposit for the repair and repaint job to your former accomodation. |
So if you have no liabilities with the bank and are not in company accommodation there should be no Retention Money? Or do they keep some back "just in case"?
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Originally Posted by BigGeordie
(Post 10297001)
So if you have no liabilities with the bank and are not in company accommodation there should be no Retention Money? Or do they keep some back "just in case"?
i would think so too. The amount for the retention money is purely based on the assessment done by the accomodation evaluators. You can actually ask them to lower the amount and not overpriced you.(that was Jan.2018) but Maybe ek changed their policy by now. |
Hi Flareflyer,
Some say its 30k but in reality its 44k thats what I got when I resigned for shipping my stuff back! Also for the last 3 days I was there Emirates had booked me a suite for me and my family but you have to ask them to do it. |
4K for incidentals + 4 k for Accomodation , all returned within 8 weeks including final settlement. |
Originally Posted by seven3seven
(Post 10297453)
If you have done less than 3 years of service, how does the provident fund work?
EOSB (21 days/year) + your provident fund contributions? i believed we only get the higher, which is always the provident fund. |
good afternoon! i will hand in my resignation the next few days. do you have any useful tips, what i should request before i send my letter? tickets, company letters which might be useful and so on... thanks for help |
Same here, need the check to settle a personal loan, any issues there?
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Originally Posted by Yorkshire_Pudding
(Post 10308224)
What if you still have a personal loan against which Emirates has issued a salary letter guarantee which is still active on HR Direct. I understand the final salary payment is marked as such and gets frozen. But what about EOS Cheque? Will ek withhold the Cheque until you clear the loan? Does ek ask for clearance letters from banks? (EOS needed to clear the loan) Few known cases that can delay your exit: 1. Late release of Passport from HR due to incomplete Leaving process requirements - issues with accommodation, settlements etc.( happened to someone I know) 2. Late release of Passport from HR due to VISA cancellation issues (lame reasons such as, cutoff period - passport was not picked up, misplaced etc) - happened to me. Your EOS cheque will be given together with the Passport, supposedly on your LDS. And try to submit the passport for visa cancellation either Sunday or Monday. |
Rumour has it that Harry was accepted at the Orange Airline.
Harry are you leaving us? We haven't seen you in awhile so you must be transitioning out of here. Good luck. |
Is it forbidden to say easyJet on pprune? Are they another unmentionable? Why always this reference to a mysterious Orange airline. ;) |
It's not a nice word to use in polite conversation .
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Harry has left to go to Easy? Say its not true !!!!!!!
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Question....how long before your effective resignation date is your last flight? Is there any time off to do all of the last minute things like packing, and preparing to leave?
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