transferring loan

Hi all QL members,

Can anybody give suggestions please..

A friend of mine had got loan from standard chartered bank. He had paid only 3 instalments. Now he had got 3 employment offers one in Dubai, 1 in Abudhabi and 1 he is waiting for an Australian offer. Now all of a sudden he cannot pay the huge outstanding amount. Can he transfer the loan to the branch at Dubai, Abu dhabi or Australia or Can he pay through electronic transfer from there. Does any body know about the banking laws for these kind of issues. please suggest... Valid suggestions from you all are highly appreciated..

Thanks,

Vamsi

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transferring loan

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