How to send money to US from UAE with the best AED-USD rate

The exchange rate determines the price you will pay when buying US Dollar.

A better exchange rate and lower fees means more money being sent to United States.

The total cost of sending money to the United States from the United Arab Emirates, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: Currently, the mid-market for AED-USD is 0.2723 USD per UAE Dirham.

• Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Key Currency has a fee of 0 AED per transfer (which is the cheapest option right now for a .د.إ25,000 transfer). Although you should search for your send amount to get live deals and lowest fees.

• Amount Received: Money transfer companies will show you the amount of US Dollar eventually received in the United States.

If you are paying for services in US Dollar from the United Arab Emirates, this can make a huge difference.

Understanding the averages, and then waiting a day or two can help you get more USD for the same amount of UAE Dirham.

You can also use a forward contract to lock in an agreed exchange rate between the United Arab Emirates and the United States.

Using a bank transfer to send via money transfer company is the payment method that will get you the best price when sending from the United Arab Emirates to the United States.

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

Bank transfers

Bank transfers are often the fastest and cheapest way to send money from the United Arab Emirates to the United States.

Using a money transfer company such as Key Currency for payments from the United Arab Emirates to the United States, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money with a debit card from the United Arab Emirates to the United States is easy with Taptap Send.


Taptap Send is a leader in debit card money transfers from the United Arab Emirates to the United States. They are the best option of the 10 transfer companies compared.

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 the United States 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 the United States.

Some companies offering money transfers between the United Arab Emirates and the United States have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare AED-USD rates for your specific transfer amount.

For regular transfers to the United States, shopping around each time can make a huge difference.

For sending large amounts of AED to United States we'd recommend using TorFx. They offer a combination of rates and fees when sending from the United Arab Emirates to the United States that is the most competitive, even at larger amounts.

There are different options for receiving US Dollar in the United States.

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

Not all companies offering transfers from the United Arab Emirates to the United States will offer every method for incoming US Dollar, so it’s best to check ahead of time.

Again, a comparison of AED to USD providers will tell you if the method for receiving is supported.

One of the most common ways to transfer money from the United Arab Emirates into the United States is by sending directly to a bank account. TorFx is the best company for bank transfers between the United Arab Emirates and the United States.

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

P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience but are better for domestic transfers. For receiving international payments they come with more limitations and higher costs compared to money transfer options like multi-currency accounts.

If using a money transfer company to send US Dollars to the United States, you will need to verify your ID at the sign up stage.

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

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

If the recipient needs an ID to collect money in the United States, it will be similar.

Large transactions between United Arab Emirates and United States, can be subject to additional checks. This includes proof of funds for anti-money laundering purposes.

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

Sending regular, or larger amounts of money between United Arab Emirates and United States could mean there are tax declarations to consider.

Some transfers into US Dollar may need to be reported to tax authorities in the United States, particularly where inheritance or property purchases are involved.

The United States has many different tax obligations for residents and non-residents.

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