DISPLAYING ITEMS BY TAG: Finance
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DP World Introduces CARGOES Finance
- Type: News
By deploying 40 years of our experience in logistics and supply chain industries and in line with our efforts to support your growth, DP World has recently launched its trade finance platform called CARGOES Finance By DP World.
The new, innovative platform links importers, exporters, and logistics companies with financial institutions across the globe, helping them avail of attractive working capital solutions. Businesses can reach out to multiple financial institutions and get access to a variety of trade finance products including invoice factoring, invoice discounting, reverse factoring, and in-transit financing.
Some of the key advantages of CARGOES Finance include:
- Access to Finance – Reach beyond borders for finance
- Early Payment – Fast access to capital when required
- Convenient and User-friendly platform – A simplified online application
- The Power of Digitalisation – Apply, contract, and transact online
- Collateral Free – Grow your business without blocking your capital
To avail of the services, please apply via cargoes.com/finance
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General Jafza / NIP finance inquiries
- Type: FAQ
- Finance sanctions would take at least 24 hours to clear from the System.
- Please refer to the concerned Departments regarding all other inquiries such as terminations, rates, etc.
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Jafza / NIP Bank Transfers
- Type: FAQ
- All local incoming transfers are processed within 2 working days and will be credited to the relevant Customer Accounts.
- For Overseas Transfers, Bank takes 7-10 Working days to process and will be credited to the relevant Customer Accounts.
- Please share Swift copies with complete details (Customer Number, Details of Payment, etc.) by email to
This email address is being protected from spambots. You need JavaScript enabled to view it. in all your correspondence. - Always mention the Customer Number in your Swift references to ensure credit to the proper account.
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Jafza / NIP Bounced Cheques
- Type: FAQ
- If Clearance Letter is not required, pls contact Finance for Collection of Bounced Cheques;
- If Clearance Letter is required, then , pls contact Finance for Collection of Bounced Cheques ;
- Jafza ID (CEC) or Company Authorization is required to collect Bounced Cheque/s
- Finance confirmation for Clearance purposes will be issued once the Account reflects zero outstanding.
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Jafza / NIP Duplicate Receipts
- Type: FAQ
- For information related to Duplicate Receipts for Bank Guarantee, please contact the Admin Department
- For information related to Duplicate Receipts for all Other Payment types, please contact the Finance Department by email (
This email address is being protected from spambots. You need JavaScript enabled to view it. ) or by approaching finance help desk
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Jafza / NIP Lease Termination
- Type: FAQ
- Lease Termination SR’s are processed within 2-3 Working Days after finalization of ‘End of Lease’
- Customers will receive an electronic notification once the SR is closed by Finance
- Non Portal Statement of Account can be downloaded from Dubai Trade to retrieve the final balance
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Jafza / NIP Other Transfers & Clearances
- Type: FAQ
- Transfer of credit balances from one account to another (Group Company, Agent to Offshore Company, etc.) are completed within 2 working days once the request is received
- Finance Clearances for License Renewal SR’s are approved on a daily basis – for exceptional delays/rejections please contact the concerned Department.
- Customers can utilize portal deposit account for lease rental payments.
- Once the lease invoice is raised for online payment, Customer can process the payment using online service “E-Invoice Payment – Lease Invoice Payment” and select payment mode as “Portal Deposit”.
- Finance Clearance for under termination or terminated Customer is provided internally to the concerned Department and not directly to the Customer.
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Jafza / NIP Payment Flexibility
- Type: FAQ
- Please ensure that the Portal is sufficiently funded if you are getting errors while submitting the request.
- Payment Flexibility Requests are processed in batches and within 2-3 Working Days of submission – Customer will receive an electronic notification once the request is processed, confirming the acceptance or rejection of the request.
- On approval, Customers will receive Updated Proforma Invoices via mail – these can be directly taken to the CBD Counters in Jafza where payments are made from the Customer’s Bank Account
- For depositing Third-Party Cheque/s , please refer to the Payment tab in this document
- Payment Flexibility approvals will expire within 7 days of approval and may be rejected automatically
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Jafza / NIP Payments
- Type: FAQ
- Third-party cheques require a prior Finance approval before depositing with the Bank
- Cheque approvals can be requested by sending scanned copies of the cheque/s and the documents to
This email address is being protected from spambots. You need JavaScript enabled to view it. - Requirements related to third-party cheques are as follows:
# Type of Cheque Requirements 1 Company Cheque:
- Should have a valid license issued by an authority in UAE
- Form of Company i.e., LLC, Est, FZE, FZCO, etc. is not an issue
- Applicable for both existing and new Companies
- Local Bank’s cheque in AED
- Valid License Copy
- PP Copy with valid visa Page of the signatory/signatories
- Letter of Undertaking – letter of the Company issuing the Cheque on Company Letterhead with details of the cheque and an undertaking stating that they have issued the cheque on behalf of the Jafza Co. and will be responsible for honouring the cheque
- 1 CDC (1st instalment) and 1PDC (Balance Amount) due in 75 days to be replaced 3 weeks before the due date or
2 Personal Cheque:
- Valid UAE Visa
- Local Bank’s cheque in AED
- PP Copy with valid Visa page of the signatory/signatories
- Letter of Undertaking – format is available upon request, either by sending email to
This email address is being protected from spambots. You need JavaScript enabled to view it. or from finance helpdesk.
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Jafza / NIP Post Dated Cheque Recall
- Type: FAQ
- PDC Recall requests are processed within 2-3 Working Days
- PDC recall requests will only be accepted for cheques maturing at least 7 days subsequent to the date of the request
- Please ensure that the Portal is sufficiently funded, and balance payment is made as required, in order to process your request
- Jafza ID or Company Authorization is required to collect the old Cheque/s
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Jafza / NIP Post Dated Cheques Extension
- Type: FAQ
- Please recheck and ensure that the Portal is sufficiently funded if you are getting errors while submitting the request
- PDC Extension Requests are processed in batches and within 2-3 Working Days of submission
- Requests must be submitted as early as possible and maximum 7 Days prior to the maturity of the cheque
- No new cheque is required and the due date of the previous cheque itself will be extended
- Customer will get an electronic notification by email once the request is processed, confirming the acceptance or rejection of the request
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Jafza / NIP Refund
- Type: FAQ
To get an update on the status of your refund, we request you to always contact the Operations Desk where the Refund request was submitted. Once it is confirmed that the request has reached Finance, it takes:
- Up to 15 days to process a refund to a Local Bank
- Additional 7-10 days for an Overseas Transfer
Note: It takes half the time to process Refund (all refunds) within Jafza i.e., transfer from Bank Guarantee to Portal/Non-Portal Deposit, transfer from Portal to Non-Portal, etc.
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Technical training for businesses (IMTITHAL)