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Exchange Dubai Dirhams (AED) |
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| How to transfer money to Dubai at the best possible exchange rate and without paying any fees |
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Dubai Currency - Dirham
The currency of Dubai is the United Arab Emirates Dirham or UAE Dirham for short. The currency has been in cirulation since 1971 and is freely traded i.e. it is possible to exchange Dubai Dirhams for other currencies and make money transfers into and out of Dubai without restriction.
Exchange Rate - Dirham
The Dirham is pegged to the US dollar at a rate of approximately 3.6714 Dirhams to the Dollar. When transferring from US dollars into Dirham the rate is very stable due to the peg. If you are transferring funds from other currencies into Dirhams (e.g. Pounds Sterling) then the rate of exchange will be determined by the current rate of exchange between Pounds and US Dollars.
Current Dealable Exchange Rate - Dirham
Enter the amount of Dirhams that you would like to trade to get an accurate dealable quote. The price changes every few minutes dependent on the central currency markets so check this tool frequently.
Transferring Money to Dubai
Transferring money to Dubai is an easy and seamless process. However, Fridays and Saturdays are the weekend in Dubai which means that no business is completed on these days. For this reason, we advise our customers to allow at least four working days for the money to arrive in Dubai from the time that it leaves your account.
You can use your bank to transfer the funds to Dubai but this method is likely to be very expensive. Most banks are unwilling to quote you a dealable exchange rate over the telephone as they do not want to be compared to other providers. Expect to be told that you will get the 'Rate of the day' when you transfer your funds. Typically, the bank will charge between 1.5% and 4% of the amount transferred e.g. if you were transferring £100,000, the bank will charge between £1500 and £4000. This charge will be hidden from you by giving you a poor exchange rate. They will also charge you for making an international payment.
Hello Currency offers a better alternative to using your bank. We are experts in transferring funds into Dubai. We provide Wholesale Foreign Exchange Rates to the general public and save our clients many thousands of pounds. In addition there are no hidden fees or charges and each transfer is underwritten by a global A-rated Insurer for up to £1,000,000. Hello Currency are the only on-line provider of Dirhams.
You simply open an account, book a transfer and send your money (e.g. Pounds) to the Hello Currency segregated client accounts held at Barclays Bank. We will do the rest ensuring that your Dirhams reach Dubai quickly and securely.
Hello Currency - Experts at transferring funds into and out of Dubai
- Providing wholesale Dirham exchange rates to the general public
- Friendly UK based support team
- Smart use of technology cuts the cost of currency exchange and money transfers
- The only provider of on-line dealable rates for the Dubai Dirham
- Underwritten by an A-rated insurer to £1m/transaction
- Save up to 4% on your Dubai money transfer
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| What to do Next | |
| To open an account with Hello Currency Click Here
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Alternatively, call us on Telephone: +44 (0) 203 004 4444 to discuss your requirements.
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