Send money to United Arab Emirates effectively

Effortless hacks to help you transfer money to the UAE like a pro.

The relationship between Australia and the United Arab Emirates (UAE) has seen rapid growth over the last decade. As Australia’s largest trading partner in the Middle East, there are numerous financial bonds that tie the nations. As of 2013 there were over 360 Australian businesses based out of the UAE, with investments into the country estimated at $1.3 billion.

The UAE has an even larger investment in Australia with an estimated $17.2 billion in 2013.

There are currently over 30,000 Australians who are living and working inside of the UAE, while 2013 saw close to 1,000 UAE students enrolled in Australian schools. These permanent and temporary immigrants rely on international money transfer services for personal transactions between family members and friends.

International Money Transfer Offer

TorFX International Money Transfers

  • 0% commission and no fees
  • Segregated accounts
  • Fast, free money transfers
  • Free market updates

International Money Transfer Offer

TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

  • Minimum transfer amount: $200
  • Online transfer fee: $0
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Send more Dirhams to the UAE by finding the right service below

Rates last updated October 16th, 2018
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
AUD 200
1 day
Online, Phone, Agent
TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

WorldFirst International Money Transfers
AUD 2,000
1 day
Online, Phone, Bank Account to Bank Account
A UK-based foreign exchange company, you can transfer money into a range of currencies online and over the phone.
OFX (Ozforex) International Money Transfers
AUD 250
1 day
Online, Phone, Agent
Transfer amounts over $250 in as little as two days and schedule regular transfers with one of the most competitive rates.
FC Exchange International Money Transfers
AUD 3,000
1 day
Online, Phone, Bank Account to Bank Account
FC Exchange will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
HiFX International Money Transfers
AUD 50
2 days
Online, Phone, Agent
Make your first transfer for free. Transfer money between 20 currencies with no commissions and you can fix your exchange rate for up to 6 months.
Exclusive: Instarem International Money Transfers
AUD 200
1 - 2 days
Online, Phone
Exclusive: finder customers receive $15 off their first transaction. T&Cs apply.
InstaRem offers simple and quick international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction, plus finder customers receive $15 off first transfer (T&Cs apply).
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

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Rashid's family transfer tale

Rashid was raised in Ajman, but is studying at the University of Sydney. Having younger siblings, he is interested in finding a way to send them financial gifts for birthdays.

Rashid has a bank account with one of Australia’s big four banks, so he researches to see if using their money transfer service is cost effective when compared to a money transfer service provider. He uses $1,000 Australian dollars (AUD) in order to see how many UAE Dirham (AED) his brothers would receive.

Bank

Money transfer company

Exchange rate

$1 AUD = 2.56 AED

$1 AUD = 2.72 AED

Cost per transfer

$22.00 AUD when initiated online or using an app. $30.00 when done at a branch.

$60.00 AUD but this amount varies depending on the amount sent.

Amount received in AED

2,559.30

2,716.13

Time for transfer

Two to five business days

Ten minutes

Pick up options

Bank to bank transfer

Cash pick up at an agent

Difference

+156.83 AED

What Rashid noted was a difference in the exchange rates which resulted in more money getting to his siblings when using the international transfer service provider. Even when calculating the difference in the cost of the transfer, using the bank was the more expensive option.

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Know what to look for when comparing transfer services to the UAE

As you can see from Rashid’s research, there are a number of items to consider when looking into ways to transfer money from Australia to the UAE:

  • Exchange rates. Exchange rates may appear to be too similar to make a major impact on the amount received, but when applied to higher dollar amounts those differences become apparent.
  • Fees. Most banks will charge a standard fee despite the amount or location where the money is being transferred to. Money transfer providers make adjustments depending on the details of the transaction.
  • Turnaround time. Bank to bank transfers are typically longer and structured around business days, where transfer companies can complete the transaction in just minutes regardless of the day or time.
  • Pick up methods. For regular payments, completed bank transfers can be useful. Yet when your recipient needs cash quickly, the transfer service provider is able to effectively meet that need.
  • Transfer methods. For bank money transfer users, initiating the transaction can take place on a computer. This is not always an option with money transfer companies, and you may be forced to visit a local agency to send money to the UAE.
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How to send money to the UAE from Australia

The close economic relationship shared between Australia and the UAE makes it easy to find banks and service providers who will transfer money out of Australia to the UAE:

  • Commonwealth Bank. One of the largest banking institutions in Australia, they have international money transfer (IMT) services that allow for funds to be sent from Australia to the UAE.
  • MoneyGram. MoneyGram has kiosks in 7-Eleven stores around Australia where users can send money to the UAE.
  • Western Union. Western Union provides Australians with the option of sending money to a bank account in the UAE or as a cash pick up.
  • Worldremit. Worldremit is an online international money transfer service provider that allows for money to be sent from an Australian bank account and picked up as cash in the UAE.
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Emergency cash transfers to the UAE

If you have joined the large number of Australians calling the UAE a temporary home, you may find that at times you need emergency cash sent to you from family in Australia. Even if you are not a resident of the UAE there are still methods available that can get that cash to you:

  • Travel insurance. In the event that you have purchased travel insurance for added protection while outside of Australia, your policy may cover lost or stolen cash and credit cards. In some cases, you may be asked to provide proof for your claim, such as a police report from local authorities.
  • Transfer service provider. So long as you still have a photo id such as your passport, you can pick up cash at a money transfer service provider agency in the UAE.
  • Credit card insurance. Some credit cards also come with an international travel insurance policy to cover your expenses if your card is lost or stolen. Typically you will be sent a lump sum to tide you over until your card can be replaced.
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Cash pick up locations in UAE

Below you will find listed a few cash pick up locations for Worldremit, Western Union and MoneyGram in some of the major cities of the UAE. If your city is not listed here, call the service to find a location more convenient to you or your family:

Worldremit - Dubai

  • Horizon Exchange Office
    Nasser Square, Sabkha Bus Stand, Sabkha Street
    Open Mon - Sun 9am to 12:30 pm, Friday closed

Western Union - Dubai

  • Al Ansari Exchange, Sonapur Branch
    Shop no 4 and 5 13 Street B Mu Dubai
    Phone: +971-4-2641976
    Open 7 days a week from 9 am to 11 pm.
  • Al Falah Exchange
    Malik Abdul Jalil Mehdi M. Mus Ras Al Khor 9, Al Aweer Dubai
    Phone: +971-4-3207856
    Hours: 7 days a week from 9:20 am to 9:20 pm.

Western Union - Abu Dhabi

  • Abu Dhabi Central Post Office
    PO Box 7000 Abu Dhabi Zayed City Ameror Street Abu Dhabi
    Phone: +971-02-6225415
    Open 7 days a week from 7 am to 8 pm.
  • Airport Road
    Hamden Street Signal Next to the Modern Pharmacy Abu Dhabi,
    Abu Dhabi
    Phone: +971-2-6225544
    Open 7 days a week from 8 am to 11:30 pm.

MoneyGram - Dubai

  • Emirates India International Exchange
    Al Gaiz Building Nasser Square Dubai
    Phone: +971-4-42232278
    Hours: 7 days a week from 8:30 am to 10:30 pm
  • Al Rostamani Exchange
    Hor Al Anz Al Safiya Building Shop Dubai 11& 12 Dubai, 10072
    Phone: +971-4-2657727
    Open 7 days a week from 9 am to 10:10 pm.

MoneyGram - Abu Dhabi

  • Al Ahalia Exchange
    Near Rulers Court-Madinat Zayed Abu Dhabi
    Phone: +971-2-8848955
    Open 7 days a week from 8:30 am to 10 pm.
  • Malik Exchange – Hamdan Street
    Nasser Salem Saqer Al Mansouri Bldg
    Hamdan Street Near Al Mariah Cinema Abu Dhabi
    Phone: +971-2-6770385
    Open 7 days a week from 8:30 am to 11:30 pm.
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Tips for picking up cash in the UAE

The Australian Department of Foreign Affairs and Trade (DFAT) recommends that travellers to the UAE practice normal safety precautions. Still, if picking up cash at a transfer agency, you should be vigilant about your surroundings and travel with a companion who is familiar with the area. Return immediately to your living quarters to secure the cash before continuing with your daily activities.

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How to send money to the UAE

If you find that a money transfer service provider is your best option for sending money to the UAE from Australia, make note of the following to help facilitate your transactions:

  • Recipient name. Photograph ID is used to pick up cash at a money transfer agency. Ensure that the name you are using for your recipient exactly matches how it appears on their identification document.
  • Tracking number. When you initiate a money transfer overseas, the agency will issue you with a unique tracking number. This number must be given to the recipient in order for them to be able to receive the money.
  • Transfer amount. The recipient should know how much has been sent along with your name, address and telephone number.
  • Loyalty program. A few of the money transfer service providers offer a loyalty program to individuals who transfer money overseas frequently. Not only will this save you time on filling out paperwork with each transfer, it may entitle you to certain discounts.

Retain the paperwork that is given to you at the conclusion of your transaction in the event that there is an issue with your money transfer. This printed receipt provides you with proof of the amount sent and to whom.

It is not only UAE nationals who are in need of service providers to send money from Australia to the UAE. With the large number of Australians working and living in the foreign nation, they too can benefit from finding cost effective methods of sending money to the UAE from Australia.

International Money Transfer Offers

Important Information*
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies. Once registered, you'll be assigned an Account Manager who can provide support and guidance.

OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers. Transfer any amount from $250 upwards. $0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.

WorldFirst International Money Transfers

Great rates and $0 transfer fees for Finder customers. Access live rates, currency converter and market updates via the WorldFirst Money Transfer mobile app.

FC Exchange International Money Transfers

FC Exchange will match any competitor's exchange rates. Conditions apply. No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

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