Transfer Money to United Arab Emirates

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GBP

Comparing 1 provider

Sorted by highest amount received

Real exchange rate 1 GBP = 4.9548 AED 30-day trend · Data from Xignite.com
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Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 4.9201
Recipient gets
98,402 AED
+€1,288 more vs the typical bank
Go to Moneycorp ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets 98,402 AED
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to United Arab Emirates

The UAE is increasingly becoming a popular hotspot for expats. Whether you need to pay for a holiday home in Dubai or making payments to Abu Dhabi, its important to not settle for poor bank exchange rates when sending money to the UAE. With the help of our comparison tables, we let you compare the best UAE dirham exchange rates and find a cheaper deal on your Dirham money transfers. Dont settle for the first deal you stumble across!

We have helped thousands of people save when transferring UAE Dirhams and provide access to wholesale currency exchange rates. Each of the major currency brokers listed on our website have been carefully vetted. Its important to transact with a non-bank foreign exchange specialist who is authorised and regulated by the FCA (Financial Conduct Authority) and has a strong track record of being in business. Compare & save up to 85% today!

Last updated: May 08, 2014 Our methodology

Quick Facts: United Arab Emirates

Key information for sending money to United Arab Emirates

Transfer Speed
2 working days
Local Currency
AED
Income Tax Rate
0%
Avg. Property Price/m²
15,306.14 AED
Avg. Monthly Rent (3 bed)
12,283.90 AED
IBAN Required
Yes

Money Saving Tips for United Arab Emirates

Expert advice for your international transfer

If you bought a property in Dubai, you are entitled to a residence visa, provided it was stipulated in the purchase agreement and you own the property.

The residence visa is valid for three years and for as long as you get medical tests and a health card is issued to you and can be renewed annually for 300 AED.

Foreigners may stay in the UAE for 30 days, if you are looking for work or a home, you will need to apply for an extension and pay 500 AED.

Companies can sponsor employees for work permits, ranging in duration from 90 days to 3 years, with the possibility of renewal.

What You Need to Send Money to United Arab Emirates

Checklist of recipient bank details required

IBAN e.g. AE260211000000230064016
International Bank Account Number
SWIFT/BIC Code e.g. BANKAEXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in United Arab Emirates

Abu Dhabi Commercial Bank Emirates NBD National Bank of Abu Dhabi First Gulf Bank Union National Bank Mashreq Bank RAK Bank Emirates Islamic Bank Lloyds TSB Dubai Dubai Islamic Bank First Gulf Bank Mashreq Bank

Buying property in Dubai?

0% property tax, 6-8% gross rental yields, and 10-year Golden Visa for investments of AED 2M+.

"When sending money to United Arab Emirates, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to United Arab Emirates

What is the cheapest way to send money to United Arab Emirates?

The cheapest way to send money to United Arab Emirates depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to United Arab Emirates?

Most transfers to United Arab Emirates are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to United Arab Emirates?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to United Arab Emirates?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to United Arab Emirates

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.