India’s Bank of Baroda (BoB) will close its Al Ain branch on March 22, 2023, following approval from the Central Bank of the UAE.
The commercial decision was taken a year ago, the bank said in a tweet.
All accounts are being transferred to BoB’s Abu Dhabi branch to ensure smooth service continuation.
The statement said customers wishing to close their accounts can do so before March 22 without incurring any charges or penalties.
The state-run bank noted that customers have been visiting the Al Ain branch to give further instructions on their accounts.