Help & Advice

Sending Money to the United Arab Emirates

If you need to make payments to the United Arab Emirates, Currency Index can save you time and money.

Call our experienced dealing team on 0800 043 2623 (+44 1923 777 562 from abroad) to discuss your money transfer to the United Arab Emirates, or click here to open a trading facility without any cost or obligation.

Sending money to United Arab Emirates bank accounts via a 'Swift' transfer usually takes no more than 24 hours from the UK.

To make a transfer to the United Arab Emirates, you will need the following information:

Account Number
BIC or SWIFT Code (Optional)
Name of Beneficiary (and address if you have it)
Name of Bank (and address if you have it)
Any other routing instructions (eg, send via a particular routing bank)

Should you reqire details recognising the BIC (Bank Identifier Code) or SWIFT code, it is made up of 8 or 11 characters and should mirror the following format;

United Arab Emirates BIC or SWIFT code Format: BBBBCCLL or BBBBCCLLDDD

B = Bank Code (Only Letters)
C = Country Code (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional ('XXX' for Head Office - Letters & Digits)

United Arab Emirates Bank Charges

United Arab Emirates Bank charges for incoming international transfers range from zero to around $50, depending on the receiving and routing banks. Currency Index Ltd has no control of these charges.

United Arab Emirates Dirham Exchange Rates

Currency Index Ltd can supply the very best Dirham Exchange Rates, from buying property in Dubai to making international investments.

To access our live exchange rates, you will need to open an account, for which there is no cost or obligation. Our friendly, experienced staff will guide you through every step of the process, with one point of contact from start to finish.

Our exchange rates are based on the interbank level – the mid-market price at which banks buy and sell from each other. Currency Index Ltd will offer currency rates for your money transfer based on this rate, along with the volume you are trading, and prevailing market conditions.

Additional Information

If you require any more specific information about Dubai, then please contact our affiliate Oskun Real Estate, who are highly specialised in helping people find and then buy property in Dubai.

Oskun Real Estate – 00971 505 254 172