Credit and debit cards are widely accepted. Foreign currencies and travelers’ cheques can be exchanged in licensed exchange offices, banks and hotels, a passport is required. Personal cheques can be a bit trickier and many places will not accept them. If you are shopping in the souqs (markets) or in smaller shops, cash is the best option.
A well-structured and expansive network of local and international banks, strictly controlled by the UAE Central Bank, offers a full range of commercial and personal services. Transfers can be made easily as there is no exchange control and the dirham is freely convertible. Banking hours are generally Saturday to Thursday, 8am – 1pm (some banks also keep later hours). Some banks have small branches based in malls, which are open in the evening