/Transfer/From United Arab Emirates

The Best Money Transfer Companies in the UAE

If you need to send money from the UAE, then we've put together this guide on the best options for you.

You can also search using the form for live rates, which will give you an exact cost and the best option for your transfer.

Keith Hodges
Author 
Keith Hodges
3 minutes
October 14th, 2024
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The best way to send money from the UAE to anywhere in the world will be through a money transfer company. Xe is a great all round option, and TorFX is best for large transfers out of the UAE.

Sending money from the UAE to anywhere can be easy if you use the right method.
Avoid spending more than you need to and opt for a money transfer company over a bank. This will see your dirham heading to where it needs to quickly and cost effectively.

Also, using a money transfer company gives clearer pricing than using a bank, and transfers on the whole are faster. Companies are also regulated, including with the Central Bank of the UAE.

So, in brief, if you need to send money out of the UAE, you've got plenty of options.

The best companies for sending money from the UAE

Company

Key features

Rating

Pricing

Xe

Fast transfers, 24/7 support, App with rate alert and currency tools included

⭐⭐⭐⭐⭐

No fees and rates from 0.6% - open an account

TorFX

Currency exchange specialists, Strong customer support, Regular payments supported through an app

⭐⭐⭐⭐⭐

No fees + competitive rates agreed per transfer - get a quote

RegencyFX

Currency exchange specialists, Great for large transfers, Regular payments supported

⭐⭐⭐⭐⭐

No fees + competitive rates agreed per transfer - get a quote

Currencies Direct

Strong customer support, App for regular payments, Currency risk tools can be used

⭐⭐⭐⭐

No fees and rates from 0.7% - open an account

CurrencyFair

Same day transfers on most currencies, Offers extras like rate alerts

⭐⭐⭐

No fees and rates from 0.7%% - open an account

Remitly

Offers cash pickup across a lot of Asian markets

⭐⭐⭐

No fees and rates from 1.3% - open an account

Send money from the UAE to...

Our guides cover a lot of countries for transfers from the UAE.

Popular transfers

Pick a country by continent

Looking for somewhere else?

All countries and transfer routes around the world are covered in our rate search.

Getting the best deal when sending money out of the UAE

You best bet is to use a money transfer company, but there's a few other points to keep in mind:

Track the AED exchange rate

Getting the best deal on a money transfer is largely done through getting a good exchange on your money. Tracking the ongoing AED mid-market rate against global currencies will aid in making an informed decision on when is best to send money.

Avoid using your bank

We've mentioned that using your bank to send money is more expensive, here's how popular banks used in the UAE stack up against Xe, our recommend all-round provider for transfers out of the UAE.

Company

Exchange rate

Sending fees

Receiving fees

Xe

0.6%

from 5 AED

Not possible

First Abu Dhabi Bank

Averages around 4.5%

100 AED

2%

Emirates NBD

Up to 4.6%

60 AED + 1.99%

105 AED

Mashreq Bank

1.5% to 6%

25 AED

2.89%

RAKBANK

2.30%

50 AED

0 AED

Dubai Islamic Bank

2.50%

52.50 AED

10.50 AED

Always search the amount you need to send, even on repeat transfers

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Contributors

Keith Hodges
Keith is a content manager for SendAbroad.com. His goal with the site is to ensure people can make informed decisions about international money transfers.
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