How to send money to Sri Lanka from UAE with the best AED-LKR rate

The exchange rate determines the price you’ll pay for Sri Lank Rupee when sending UAE Dirham to Sri Lanka.

The rate between the UAE Dirham and Sri Lank Rupee is currently 91.2807. Taptap Send offers the best exchange from AED-LKR.

The total cost of sending money to Sri Lanka from the United Arab Emirates is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for AED-LKR is 91.2807 LKR per UAE Dirham.

• Fees: When sending money there may be additional fees. Taptap Send offers the lowest fee of the 3 providers tested, costing justs 0 AED per transfer.

• Amount Received: When comparing providers, the best measure is the amount of Sri Lank Rupee eventually received in Sri Lanka.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in Sri Lanka, means a better overall cost of sending money from the United Arab Emirates.

Sending money via a debit card is the recommended option for sending money from the United Arab Emirates to Sri Lanka.

Here are the popular ways to send money from United Arab Emirates to Sri Lanka:

Bank transfers

Bank transfers are often the best payment method for money transfers from the United Arab Emirates to Sri Lanka.

A money transfer company like Xe offer bank transfers between the United Arab Emirates and Sri Lanka with lower fees and better exchange rates than you would get from a traditional bank. 


Debit and prepaid cards

Sending money from the United Arab Emirates to Sri Lanka with a debit or a prepaid card is very simple with Taptap Send.


Taptap Send is a leader in debit card payments for transfers from the United Arab Emirates to Sri Lanka, competing among a total of 3 active money transfer companies on this route.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Ensuring you fully understand regulations in the United Arab Emirates and Sri Lanka will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between the United Arab Emirates and Sri Lanka.

Some services between the United Arab Emirates and Sri Lanka have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Sri Lanka as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Sri Lanka, use Xe. The combination of rates and fees when sending from the United Arab Emirates to Sri Lanka is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving the United Arab Emirates, or entering Sri Lanka. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Sri Lank Rupee in Sri Lanka. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from the United Arab Emirates to Sri Lanka will offer every method for incoming Sri Lank Rupee, so it’s best to check ahead of time.

One of the more common ways to transfer from the United Arab Emirates into Sri Lank Rupee is directly into a bank account. Xe is the best company for bank transfers between United Arab Emirates and Sri Lanka.

And if you need cash right away, check if cash pickup is an option for transfers between United Arab Emirates and Sri Lanka.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Taptap Send.

When signing up to and sending UAE Dirham to Sri Lanka, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in the United Arab Emirates this will be a government issued ID such as a passport or driver's license. In Sri Lanka it will be similar, although this should only be needed if you are opening a new account in Sri Lanka, or collecting in cash. Sending to an existing bank account in Sri Lanka shouldn’t require any additional ID checks.

Large transactions between United Arab Emirates and Sri Lanka, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Xe has scored so highly for transfers to Sri Lanka is their easy sign up process in the United Arab Emirates.

When sending large amounts of money between United Arab Emirates and Sri Lanka there will potentially be a tax declaration to consider.

Some transfers into Sri Lank Rupee may need to be reported to tax authorities in Sri Lanka, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Sri Lanka based on age, income and a few other elements. When in doubt, please contact a tax professional in the United Arab Emirates or Sri Lanka to discuss your personal circumstances.