How to send money to Ukraine from UAE with the best AED-UAH rate

A better exchange rate means more UAE Dirham being sent to Ukraine. This exchange rate determines the price you will pay when buying Hryvnia.

Currently the mid-market rate between UAE Dirham and Hryvnia is 12.2469.

Fees and exchange rates make up the total cost of sending money from Ukraine to Ukraine. Finding a company that can offer both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: The current AED-UAH mid-market rate is 12.2469 UAH per UAE Dirham. You will get more Hryvnia for your UAE Dirhams if you find a provider close to this number.

• Fees: Transfer fees are charged as part of the transfer. Paysend charges the lowest fee of 0 AED at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount of Hryvnia eventually received in Ukraine. You can assume that a lower cost of sending from the United Arab Emirates will result in more money received in Ukraine.

Sometimes, waiting a day or two can help you get more UAH for the same amount of UAE Dirham - but time it wrong and you might get a worse deal.

If you’re sending a large amount where this rate could make a significant difference, use a forward contract. This allows you to lock in an agreed exchange rate between the United Arab Emirates and Ukraine.

A debit card through a money transfer company is the cheapest way to send money. Generally, it’s the payment method that will get you the best price on a transfer from the United Arab Emirates to Ukraine at this moment.

Here are all the ways to send money from United Arab Emirates to Ukraine:

Bank transfers

Bank transfers are usually the best and easiest way to send money from the United Arab Emirates to Ukraine.

By using a money transfer company such as for transfers from the United Arab Emirates to Ukraine, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.

Debit and prepaid cards

Sending money from the United Arab Emirates to Ukraine with a debit or a prepaid card is available through Paysend.


Paysend is one of the cheaper options for debit card payments for transfers from the United Arab Emirates to Ukraine. This cost is against a total of 1 money transfer companies offering this option.

Credit cards

When it comes to credit card transfers from the United Arab Emirates to Ukraine, we recommend comparing your options to get the best deal.

Transfer limits to the United Arab Emirates and Ukraine will differ per company, this may impact the amount you can send and receive if you hit the limits.

Also, rates and fees for different AED-UAH transfer amounts could change - that’s why it’s best to compare companies for your specific transfer amount. Then, for regular transfers to Ukraine, shopping around each time can make a huge difference if you feel you are hitting limits regularly.

For sending large or regular amounts of AED to Ukraine we'd recommend using Paysend. They offer a combination of rates and fees when sending from the United Arab Emirates to Ukraine that is the most competitive.

There are different ways to receive money in Ukraine.

The most popular ways are direct bank deposit into Hryvnia, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers offering money transfers between the United Arab Emirates and Ukraine will offer every method for incoming Hryvnia.

Understanding where the money will eventually go after its left the United Arab Emirates and entered Ukraine could impact the provider you use.

The most common (and generally easiest) way to send money from the United Arab Emirates to Ukraine is directly into a bank account. is the best company for sending money from the United Arab Emirates to a bank account in Ukraine.

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

Mobile wallets, P2P services and payment apps like PayPal, Xoom, and CashApp are popular because they offer convenience to those who already have them, but they come with more limitations and higher costs.

When sending Hryvnias to Ukraine, you will need to verify your ID at the sign up stage.

The documents you need will vary by money transfer company and in some cases you might need a couple of options.

For the most part however, in the United Arab Emirates ID can be verified through a government issued ID such as a passport or driver's license.

In Ukraine, if the recipient needs an ID to collect money - both should be accepted. We’d recommend checking in advance before sending for any specific requirements on receiving money.

Large transactions between the United Arab Emirates and Ukraine, are subject to additional checks such as proof of funds. This is for anti-money laundering purposes.

Paysend is one of our recommended providers for transfers to Ukraine from the United Arab Emirates due to the ease of sign up and ID verification.

When sending money between United Arab Emirates and Ukraine there will be tax declarations to consider.

Some transfers into Hryvnia may need to be reported to tax authorities in Ukraine, particularly where inheritance or property purchases are involved (or anywhere else there are additional legal requirements).

Depending on age and income in particular, tax limits and personal allowances will change in Ukraine.

When in doubt, please contact a tax professional in the United Arab Emirates or Ukraine to discuss the personal circumstances of the transfer. This ensures you are not missing any specific tax declarations associated with your circumstances.