A check manager is a convenient tool for paying for services, purchasing real estate, or other transactions in the UAE. It allows you to securely transfer money, record payments, and obtain documentary evidence of the transaction. However, many people make mistakes that can lead to delays, misunderstandings, or even loss of funds. Below, we’ll discuss the top 5 most common mistakes so you can avoid them.
1. Insufficient manager verification
Mistake: trusting the first person you meet or someone without a proven reputation.
Many people think that a check manager is just a formality and don’t check its reliability. In practice, it’s important to ensure that the manager is registered, has genuine references, and works with trusted platforms. Neglecting this verification often results in payments being delayed or not reaching the recipient at all.
Tip: Always check the manager’s reviews, documents, and experience, especially when dealing with large sums of money.
2. Incorrect check execution
Error: filling out a check with errors or incomplete data.
Even a small typo in the amount, recipient’s name, or date can invalidate a check. Laws are strict in the Emirates: banks and payment platforms check every detail, and a single incorrect character can delay payment for several days.
Tip: Check every number and letter carefully, and if necessary, double-check with the manager how to fill out the receipt correctly.
3. Ignoring the commission and the rate
Error: Not taking into account manager fees or exchange rate differences.
Many clients are surprised when the dirham amount in the recipient’s account is lower than expected. Commissions, hidden fees, and exchange rate fluctuations can significantly affect the final transfer amount.
Tip: Check all fees in advance and fix the exchange rate to avoid unpleasant surprises.
4. Lack of payment confirmation
Mistake: Trusting the manager’s verbal promises and not asking for official confirmation.
A check is a legal document, and it’s important to have an official record of the transfer. Without confirmation, you risk losing your funds in the event of a dispute or error.
Tip: Always ask for a receipt, electronic confirmation, or a scanned document with the manager’s signature. This will provide you with protection and the ability to confirm payment if necessary.
5. Checking the payment status too late
Error: not tracking whether the check has reached the recipient.
Some people believe that the process is complete once the check is deposited. In practice, it’s important to monitor the transfer status and confirm that the funds have arrived in the account. Ignoring this step can lead to delays or errors that are difficult to correct.
Tip: Check with your manager about each stage of the transfer and always verify that the money has reached the recipient.
Result
Working with manager checks in the Emirates is convenient and secure if you prepare properly and pay attention to detail . Manager verification, correct check processing, accounting for fees and exchange rates, official confirmation, and transfer status monitoring will help you avoid problems and protect your funds.
