Send money to UAE

If you’re making a career move and migrating to the United Arab Emirates (UAE) for a while, buying property or sending money to some friends chances are you’ll need to make an international money transfer (IMT).

Whether you just need to send money once or it’s the start of a series of payments, an IMT could be the most convenient and best value option to make it happen.

If you want to transfer money to Emirati or Emirates Dirham for your next holiday to UAE, then it’s a good idea to visit Mozo’s travel money section and read up on everything you need to know about the best travel cards and exchange rates.

How do I transfer money to the UAE?

If you’re wanting to send money to the UAE then you’ll have a few options, but there are really two main players: banks or specialist foreign exchange providers.

Financial Agent TypeProsCons
Banks

Where most people safely keep their money protected.
Names and brands that you use and trust.Higher transfer fees than other IMT providers.

Limited operating hours: in-branch services only open during business hours
Specialist FX

Or Foreign Exchange Specialist transfer funds and exchange foreign currencies everyday. Companies like SendFX, TorFX and OFX or the winners of the Mozo Expert Choice Awards all tend to offer better rates than your average bank.
Quick and safe international money transfer, costs less than banks. 

More flexible - transfer funds 24/7.
In-person transfers are generally unavailable.

Minimum transfer amounts may apply ($50 up to $10,000 depending on the provider)

How do I compare IMT providers?

Like most, you’re super busy, so we’ve gone ahead and compared as many IMT providers for you.

Your overall fee will depend on the rate you secure. If you’re transferring a small amount, then the charges may not startle you too much. If it’s a large sum, then you’ll appreciate securing the smallest rate available. But there are more than just rates to consider. Here’s a quick breakdown of what you need to look out for:

LimitsThere are banks or FX providers who are strict about how much you can exchange and transfer at any one time. In some cases, the more the minimum, the less the rate and visa versa. But this isn’t a guarantee. Make sure you assess which combined offer will suit your budget instead of going for the first fee/rate combo you see.
RatesEven the smallest gap in the exchange rate you secure when sending money overseas can make a difference to how much dirham you get out of your Aussie dollars.
Transfer speedWhether you’re using a bank or an IMT specialist, you can typically expect transfer time of between 1-3 days, although you may be able to speed up the process for a fee.
Transfer feesAside from the exchange rate, exchange fees are another feature which will influence the amount of money you’ll get after a money transfer. Banks tend to charge foreign exchange fees on their transfers on top of the margin they make on the exchange rate, while specialist providers may not charge one and some may also waive this fee if you transfer above a certain amount. Other costs you should look out for when choosing a provider are cancellation or amendment fees, as well as fees for over the counter, phone or online transactions.

How to transfer money to UAE

Transferring funds to the UAE is a fairly easy and hassle free process that can be done from the comfort of your own home. Regardless of which foreign exchange specialist you use, the method is pretty much the same.

  • Full name and address of the recipient’s bank
  • Recipient's name, address and account name
  • Account number or International Bank Account Number (IBAN)
  • SWIFT/BIC code of your personal account you're transferring funds from
  • Amount you would like to send.

Is wiring money to the UAE risky?

Oh yes! Not just because it’s the UAE, but because it’s the internet! And if your sensitive information is not protected, then it doesn’t matter what you do online, your activity can be exposed and compromised. But there is something you can do: 

Can I make a one-off transfer?

Sure you can. Fees and charges rarely vary, but check with your provider first! They may be able to offer you a better deal for multiple transfers, and may even give you benefits like waived transfer fees.

Ready to compare exchange rates for converting Aussie dollars to UAE dirham? Scroll down below for a list of offers available today, or head on over to our international money transfer comparison table for even more options.

I want to transfer
to
Today’s foreign exchange rates
Search promoted international money transfers below. Advertiser disclosure.
  • Excellent exchange rates, no transfer fees
  • 24/7 transfers online or over the phone
  • Personal account management and expert insights

$7,160 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7160 USD

  • 1-2 days

  • $200 minimum

  • Fully regulated, Australian-based team on hand
  • Secure transfer using proven and reliable banking networks
  • Provides dedicated account management support

$7,163 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7163 USD

  • 0-1 day

  • $250 minimum

  • Fee Free transfers over $250 AUD ongoing
  • 24/7 Service (Phone & Online)
  • Great Rates with Fast and Secure transfers

$7,112 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7112 USD

  • 1-2 days

  • $250 minimum
    $500 monthly minimum for regular transfers

  • Get $60 off on your first two transactions and zero fees with InstaReM, use code MOZO60 (ends Jan 31, 2022)
  • Transact online 24/7 with fast settlement and extremely competitive rates
  • Quick and easy account setup

$7,145 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7145 USD

  • 1-2 days

  • $50 minimum

  • XE is the world's trusted currency authority used by 280+ million people a year
  • XE dealers are licensed and authorised to provide financial advice
  • XE money transfer specialise in payments above AUD $20,000

$7,181 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $0
    ONLINE
    $0
  • $0.7181 USD

  • 1-3 days

  • $10,000 minimum

  • New customers get 5 free transfers
  • Fast, secure transfers, up to 8x cheaper than the banks
  • Join over 180,00 customers today

$7,140 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    $4
    ONLINE
    $4
  • $0.7143 USD

  • 1-2 days

  • none

  • 90% of transfers settled on the same day. Remainder completed on the following day.
  • Reviewed as “Excellent” on Trustpilot.
  • First Payment is FREE

$7,115 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7115 USD

  • 0-1 days

  • No minimum

  • Always get the real mid-market exchange rate and low transparent fees.
  • Join over 5 million customers worldwide
  • Over 80% of transfers arrive by the next day.

$7,145 USD

Go to site
  • IN PERSON
    n/a
    BY PHONE
    n/a
    ONLINE
    $0
  • $0.7145 USD

  • 1-3 days

  • $1.5m maximum