Tips for sending payments to Dubai and the UAEFebruary 15, 2013 2:36 pm
When you need to send money abroad, it can sometimes feel a little daunting if you’re unsure about what bank details you need or how long your payment will take to reach the beneficiary bank account.
To de-mystify this for you, each month I’ll be giving you some handy tips on a variety of different currencies and telling you all the information you’ll need to make a payment starting with sending money to Dubai and the UAE.
What account details do I need to send a payment to the UAE?
If you’d like to send a payment to the UAE, you’ll need to tell us the following information:
- Bank name please ensure this is the full bank name
- Beneficiary account name please ensure this the full account name
- IBAN Number identifies the specific bank account
- SWIFT CODE identifies the branch
Whenever you make a payment you’ll always have the option of adding a reference and your payment will automatically be sent with your full name.
How long will it take my payment to reach the UAE?
Payments sent to the UAE generally take 2-3 working days to reach the beneficiary account. Dubai and Qatar’s weekend days fall on a Friday and Saturday and Saudi Arabia‘s fall on a Thursday and Friday. This information is important to bear in mind if you need your payment to arrive within a specific time frame as no payments will be processed on these days.
What rate will I get and will it cost me anything?
If your payment is above �3,000 your money transfer is free. Any payment under �3,000 we charge a small �10 processing fee this is only fee we charge.
Don’t forget our Currency Centre provides you with information on 30 different currencies if you’d like to view other currency information.
Stay tuned for more tips in March, I’ll be telling you about making USD payments!
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Categorised in: Tips
This post was written by Kayleigh Driscoll