Nazar Verbytskyy
Founder & CEO
Resident · bonus income
Bonus counted through account history
The first bank ignored the bonus. A second bank accepted it based on the average account balance.
2 min read · Details changed to protect the client's privacy.
A quick overview
| Situation | UAE resident, salary plus a large annual bonus |
|---|---|
| Country / currency | UAE / AED |
| Property | Ready apartment |
| What went wrong | The first bank counted only the basic salary |
| The bank that said yes | A bank that reads average account balance over 12 months |
| Result | Bonus counted, payment within the debt-burden limit |
The problem
The client's basic salary was modest; most of the income came as a bonus. The first bank counted only the basic salary, and the loan amount it offered did not cover the property.
What we changed
We moved the file to a bank that assesses income through the account history rather than the payslip alone. Twelve months of statements showed a consistent average balance that supported the payment.
The outcome
The bonus was counted and the loan amount matched the purchase. Details changed to protect the client's privacy.
Advisor on this case
Similar situation? Check my chances
Details changed to protect the client's privacy.