Send Money To United Arab Emirates

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
United Arab Emirates Flag
United Arab Emirates
AED
1 USD equals
3.673 AED
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      +

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      • Circle Check Icon
        Cannot sign up from all states in the U.S.

      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      +

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to UAE

      How To Step Icon
      Step 1
      Assess alternatives carefully, create a new account
      Assess alternatives carefully, create a new account
      Several companies let you send money to UAE. Assess the leading alternatives carefully, while taking into account your specific requirements.
      Once you select the one that suits you best, create a new account, either as an individual or a business.
      Complete the registration process by providing some basic information. Verifying your identity is usually standard procedure.
      How To Step Icon
      Step 2
      Look at the exchange rate history, initiate your transfer
      Look at the exchange rate history, initiate your transfer
      Check the recent history of UAE exchange rates and look for any significant fluctuations.
      If you wish to send money to UAE at this point in time, ask your service provider for a rate quote.
      Notify them of the transfer amount as this might affect the exchange rate provided to you.
      To lock in the rate, you need to accept the quote.
      Give your service provider the recipient's bank account details from a UAE-based bank.
      How To Step Icon
      Step 3
      The actual transfer
      The actual transfer
      Transferring money to UAE takes place in two basic steps. First, you pay for the transfer.
      Once your payment reaches your service provider, it transfers the money to the recipient's bank account.
      How you pay for the transfer and where you live might affect the turnaround time. Most companies provide email/text notifications that let you keep track of your transfer.

      Currency Symbol and Swift Codes

      The United Arab Emirates dirham (AED), also referred to as the Emirati dirham, is the official currency of the UAE. The dirham is divided into 100 fils.

      Information you need when sending money to a bank account in the UAE include the recipient’s name and bank account number, as well as the receiving bank’s name and Swift code.

      The table below lists Swift codes of some of the popular banks in the UAE.

      BANKBRANCHSWIFT CODE
      ABN AMRODubaiABNAAEAA
      Emirates NBDAbu DhabiEBILAEADADB
      National Bank of Abu DhabiSharjahNBADAEAAABA
      Abu Dhabi Commercial BankDubaiADCBAEAA060

       

      Case Study

      Mansour moved to the UK because of work. His wife stayed back in Dubai with their son because he was to return in around a year. When Mansour was away, he needed to keep sending some money back home every month so his family could keep up with everyday expenses. He figured that sending around £2,000 per month would be sufficient.

      For his first transfer, Mansour turned to a prominent UK-based bank. It was only upon the suggestion of a friend that he decided to compare his options. The end of a basic search led to these findings.

       BANKMONEY TRANSFER SERVICE
      Exchange rateGBP 1 = AED 4.7130GBP 1 = AED 4.90.74
      Transfer feeGBP 20GBP 0
      Amount received for GBP 2,000AED 9,331.74AED 9,814.80
      Transfer time2 to 5 days1 to 3 days
      Transfer optionsBank accountBank account
      Difference of AED 843.06

      Using the services of the money transfer company was more cost-effective than the bank, and it offered quicker processing times.  In addition, it also gave Mansour the ability to lock exchange rates in advance.

       

      Cash Pickup Locations in the UAE

      Sending money to a cash pickup location in the UAE remains the quickest way for the recipient to receive transferred funds. Different money transfer companies such as Western Union, Ria, and MoneyGram have a physical presence in this country.

      RIA IN THE UAE 
      Dubai Al Ahalia Money Exchange Bureau Industrial Area 3, Opposite Nestle Water Factor, DubaiSajwani Exchange, Shop No. 7, Bldg. of Mohammed Bin Ali Al Qaizi Murshid Bazaar, Al Bateen, Deira Dubai
      Sharjah Habib Exchange Co. LLC, Jamal Abdullah Al Shamlan Building, Opposite Mega Mall, SharjahSajwani Exchange, Shop No. 4, Bldg of Jihad, Al Aenezi Industrial Area 3, Maliha, Sharjah
      MONEYGRAM IN THE UAE 
      Dubai Al Rostamani Exchange, Karama Al Khazna Centre, Kuwait Street, DubaiAl Ahalia Exchange Ibn Khaldoon Street, Sahara Complex, Dubai
      Sharjah Al Rostamani Exchange, Sharjah Industrial Area, SharjahEmirates India International Exchange, Saif Shop A11, Saif-Zone Area 01, Sharjah

       

      Safety Tips for Picking up Cash in the UAE

      Travelers to the UAE are usually not affected by violent or petty crime, although the U.S. and UK governments urge their citizens to exercise the same level of caution as they would back home. Collecting cash from a physical location in the UAE should not present any problems, although it is important that you remain aware of your surroundings.

      While vehicle break-ins in the UAE are uncommon, it is best that you do not leave money or valuables in parked cars. When travelling, use recognized forms of public transport and taxis. Do not accept free rides from strangers.

       

      What Information Do I Need to Send Money to the UAE?

      The information you need depends on whether you plan to send money to a bank account or a cash pickup location.

      • Bank account. You will need the recipient’s complete name, a bank account number, the bank’s name, and the bank’s Swift code.
      • Cash pickup location. The service provider will need the recipient’s complete name as well as the address of a desired cash pickup location. To collect the transferred money, the recipient will need to provide a transaction number and a valid form of identification document such as a passport or a driver’s license.

       

      Regulations When Transferring Money To and From the UAE

      There are no currency restrictions for entry to or exit from the UAE. While free-trade zones in the UAE are subject to the country’s anti-money laundering (AML) law, they also have the right to set their own AML rules and regulations as long as they are consistent with the federal law. As a result, you might find some variances in different free-trade zones.

      Convert USD to AED

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      AED
      Sending money online through specialist money transfer companies.

      Expect to receive between AED363.62 and AED365.83 when sending money from USD to AED at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately AED348.93, not including additional banking fees. That is an average saving of AED15.79.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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