A self-cheque is a cheque with payee’s name written as ‘self’. This is mostly used for taking cash A self-cheque is a cheque with payee’s name written as ‘self’. This is mostly used for taking cash In United Arab Emirates, use and issuance of Self cheque is discontinued.
Klip is a cashless payment system of the United Arab Emirates. It is a digital cash platform that eliminates use of physical cash. Also it is a safe and secure mode of payment method as per the promoters Emirates Digital Wallet. It is regulate by UAE’s Central Bank. The launch of Klip is in September 2020 by Emirates Digital Wallet and is test multiple times with different aspects to make it fool-proof. You don’t need to carry currency notes, coins or credit cards for making payments or even receiving payments. It is a safe mode of transaction system. Anything and almost everything can be purchased or availed through it by making payments. It is very efficient too. Most importantly it is secure too. You can save money or even transfer too.
