Money Matters Money Transfers Expat Life

The best way to send money between the UAE and Australia

Money Matters Money Transfers Expat Life

Jun 26, 2018

How to find the best way to send money from the UAE to Australia

There are several key features of online money transfers expats should be aware of and as the saying goes when in doubt, usually there is more to find out - especially when it comes to your money and finances.

Better FX rates

Banks can include a hefty margin in their foreign exchange rates for online money transfers. Some even advertise a "0% commission" - when they have actually included this commission in the exchange rate they offer. Compare exchange rates on Google with what your provider charges and see the difference - it can be as much as 3%–6% - money taken by them and less for you.

Customer support

Life isn’t perfect and sometimes things don’t go as planned. Make sure your money transfers are with a company that has a multilingual customer support team made up of real people that can help you solve any issues that may arise. Because sending money matters to you, it should matter to them.

Secure money transfers

As quickly as technology updates and evolves, the attempts by individuals and groups to commit online fraud for financial gain is also on the rise. Make sure your money transfer provider is regulated and licensed in the key territories it operates in and that your funds are not at risk during your transaction.

Need to send money from the UAE to Australia? CurrencyFair is the fast, easy and low cost way to transfer money from the UAE to Australia. Save money on transfers of AED to AUD with CurrencyFair - up to 8x cheaper than a typical bank.

CurrencyFair offers an exchange rate that is usually as close as 0.45% to the Interbank rate. Most high-street banks, brokers and even PayPal hide their charges in their exchange rate, which can then be as far as 3%–6% away from the same rate.

How CurrencyFair is different:

Our bank-beating exchange rates mean you avoid hidden mark-ups and excessive fees charged by banks and brokers, helping you send AED up to 8 times cheaper than with a typical bank.*
With CurrencyFair you get the best available rates every time you need to exchange money and unlike traditional providers, we have no minimum or maximum whether you need to exchange AED5,1000, AED10,000 or AED100,000 to AUD.
You can then transfer your AUD for just A$4 (or its currency equivalent) from your CurrencyFair account.
You can do all this in your account anytime, anywhere on CurrencyFair.com, or from our iOS or Android apps.

Whether sending money to family members, transferring to your bank account back home, or managing payments for your business, CurrencyFair offers the speed, support and best of all, the cheaper way to send your AED to Australia.

So, next time you need to exchange, avoid excessive fees and hidden charges and save on your money transfers with CurrencyFair.

Send money the fair way - send it with CurrencyFair.

*Our Emirati Dirham account is held in London. Your bank may charge an international transfer fee as well as an intermediary fee when sending in money. Contact your bank for exact information on any applicable fees.