Who can I send AED to?
What details do I need for the recipient?
How long will it take for my AED to arrive?
Do you limit the amount of AED I can send?
How can I pay for my AED transfer?
Anything else I should know?
Who can I send AED to?
You can send AED to any bank account in the United Arab Emirates (UAE).
What details do I need for the recipient?
You’ll need their:
- Name (as it appears on their account)
- SWIFT/BIC code (8-11 characters)
- IBAN (AE, followed by a 21-character code)
How long will it take for my AED to arrive?
(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)
Do you limit the amount of AED I can send?
No. Some FX companies limit the amount of AED you can send or receive.
We give you the freedom to send as many United Arab Emirates dirhams as you like.
How can I pay for my AED transfer?
You can pay by bank transfer.
Anything else I should know?
The United Arab Emirates has a four-day working week – Monday to Thursday. Government employees have a flexible half day on Fridays. So, money arriving Friday may not be processed until the next working day (usually Monday unless there are public holidays).
In case you were wondering...
The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.
SWIFT code format: AAAA | BB | 11 | 222
AAAA – represents the bank (for example, Barclays is BUKB)
BB – represents the country where the bank is located.
11 – designates location of banks main office.
222 – code for the bank branch.
IBAN stands for International Bank Account Number. IBANs make it easier to send or receive funds from overseas. They don’t replace your sort code and account number; they contain extra characters that help overseas banks identify your account.
What do IBAN numbers look like?
Here’s how an IBAN might look for a bank account in the United Arab Emirates:
IBAN (electronic format)
AE851231234567890123456
IBAN (human-readable format)
AE85 1231 2345 6789 0123 456
What is a United Arab Emirates IBAN number made up of?
AE 85 123 1234567890123456
[2-character Country Code]
[2-digit IBAN Checksum]
[3-digit Bank Code]
[16-digit Account Number]
