UAE residents face fines of up to Dh50,000 for unlawful money transfers

rawda samy - | UAE

It is important to warn people living in the United Arab Emirates that infractions of the law regarding the transfer of money could result in a fine of up to Dh50,000.

According to Article 64/1 of Federal Decree-Law No. 30 of 2021, which is concerned with the battle against psychotropic substances and narcotic narcotics, this is in accordance with the law. This law was passed in 2021.

Residents of the UAE have been told that illegal money transfers will lead to fines of up to Dh50,000.

Residents of the United Arab Emirates are reminded that unlawful money transfers might result in a fine of up to Dh50,000, According to Article 64/1 of Federal Decree-Law No. 30 of 2021, which is concerned with the fight against psychotropic substances and narcotic narcotics, this is in keeping with the law.

When money is sent for the purpose of drug trafficking in the United Arab Emirates, there is a penalty

A reminder was given to inhabitants of the United Arab Emirates on Friday by the Public Prosecution of the penalties for transferring money for the purpose of drug trafficking. Any individual who deposits or transfers monies for the purpose of drug trafficking is subject to severe penalties, according to a post made by the public prosecution on social media. Either a fine of up to Dh50,000 or jail is possible for them.

combating narcotic drugs and psychotropic substances law in the UAE

against the law in the United Arab Emirates regarding narcotic drugs and psychiatric substances, It is in line with Article 64/1 of Federal Decree-Law No. 30 of 2021 regarding the fight against narcotic drugs and psychotropic substances, and it relates to the act of depositing or transferring money either personally or through others, as well as receiving cash related to the use of drugs or the possession of drugs by an individual.

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