yes you get 5 xx days for visa cancellation, closing bank account etc etc |
Hello gents, i had my last day in the office September 10 but last duty day October 6. Is it 8 weeks from October 6? |
Originally Posted by donpizmeov
(Post 10166718)
Basic pay by 12. Divide by 365.
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good evening! if you deceide to take the cheque on your LDS and you rather take the converted money with you than the bank transfer, do you have to declare the money when leaving UAE. I know I have to declare it in Europe, if it is more than 10k€ and the same applies in Europe when you leave the EU, but not sure about UAE thanks |
3 days not 5
Originally Posted by kcar
(Post 10317618)
yes you get 5 xx days for visa cancellation, closing bank account etc etc |
Can the last salary and provident fund be deposited to your bank account or does it have to be a cheque?
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It can be deposited directly by EK to an account in Dubai or overseas. Reading on this thread that can take anywhere from one week to six. I wasn’t willing to take that chance and wanted to see my cash before I left Dubai soil. I don’t think there have been any instances of the money not eventually being transferred but I wasn’t keen on having to fight anyone to track down such a large sum of money . |
Repatriating Funds
Pumpkin - it’s been a few years since I left, but I distinctly recall being strongly advised to ensure that any funds arrived in my UK bank well before I arrived in order to avoid any potential tax implications. Fortunately this advice was largely academic for me because I was moving my funds and myself to another country, but it may be something you should look into to avoid any nasty surprises. Maybe some other leavers could comment further. I believe similar cautions apply to returning to the US. A secondary consideration involves the possible implications of arriving in any country these days with large amounts of cash due to Money Laundering and Financing of Terrorism rules. Best of luck. |
Originally Posted by pumpkin
(Post 10326465)
It can be deposited directly by EK to an account in Dubai or overseas. Reading on this thread that can take anywhere from one week to six. I wasn’t willing to take that chance and wanted to see my cash before I left Dubai soil. I don’t think there have been any instances of the money not eventually being transferred but I wasn’t keen on having to fight anyone to track down such a large sum of money . did you take the cash back home and did you have to declare it leaving the UAE? |
Just to clarify- I agree. I got the cheque, cashed it, and walked over to Al Rostamani and transferred it home. It took 4 working days to get there I think. Absolutely in most countries your cash needs to get there before you do( to avoid tax implications)- so I didn’t want to “rely” on EK sorting out the transfer via the offshore managers as I had heard some people had to wait 6 weeks for their cash to show up. On another note- the days of having to carry a massive amount of cash to Al Rostamani etc are gone- I set up an account a month before I left and did a small trial transfer, then in my last day of service got the Ek cheque, deposited it my NBD account, then went to Al Rostamani and wrote a personal cheque to them for the entire amount- no problem. |
Oh I dunno. Truth be told I had a lot of fun waltzing into Al Rostamani and throwing down a big ol' pile of dirtyhams...gansgsta.
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Originally Posted by Mister Warning
(Post 8758705)
Fourgolds - when I left I could only give 2 months notice instead of 3. I was docked a month's pay ie. I worked that last month of my 12 years for free. Thanks for your service.
On the other hand I burned up my outstanding sick leave. Oh, and leaving was the best command decision I ever made. :ok: |
Seems like things are looking good for me and I be making a move. Now question. I know we got a 30 days notice period. Does this apply to any calender day. So lets say you resign on the 15th of YY and say last working days be the 15th of ZZ. Or should one wait till the end of the month and resign. For full pay cheque.
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All prorated properly. |
After 11th of the month. |
Joker11 I thought we had 3 months notice period and not 30 days...?! |
It’s 3 months for sure. Not 30 days. |
Oh man. Gonna check with HR
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I think they can get rid of you in 30 days ! |
Originally Posted by directimped
(Post 10419010)
No need, look at your employee handbook. 90 days notice for FD grades.
If you leave EK mid year, will they recover the cost of your ALT? No idea. But now we got an SRC I am staying. Jokes. Will definitely want to use it though. |
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