United Arab Emirates to Solomon Islands money transfers compared

The exchange rate determines how many AED the recipient will get in Solomon Islands when you send UAE Dirham.

Today, the average exchange rate between UAE Dirham and Solomon Islands Dollar is 2.2961. The company offering the best exchange rate is Remitly.

The AED-SBD rate fluctuates constantly, so timing your transfer to Solomon Islands can help you save a lot of money.

Sometimes, waiting a day or two can help you get more SBD for the same amount of AED. You can also opt for a forward contract to lock in rates between the United Arab Emirates and Solomon Islands.

A Debit card is the most cost effective option for sending money from the United Arab Emirates to Solomon Islands. The company offering the best Debit card price is Remitly.

This is 0% cheaper than the second-best option in the market.

Always choose providers that are regulated by financial authorities to ensure funds are safe when transferring from United Arab Emirates to Solomon Islands.

If you don’t know what the key regulatory bodies for money transfers are between the United Arab Emirates and Solomon Islands, please refer to our directory of financial regulators worldwide.

Some services have limits on how much you can transfer from the United Arab Emirates to Solomon Islands. This applies when receiving money in Solomon Islands as well.

Different companies will offer different rates or lower fees for different transfer amounts.

For example, we recommend using Remitly if you need to send large amounts of AED to Solomon Islands.

This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving the United Arab Emirates, or entering Solomon Islands.

There are different ways to receive money in Solomon Islands. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.

If you (or the recipient) want a direct transfer to your bank account, is the best money transfer company for bank transfers between United Arab Emirates and Solomon Islands.

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

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 Remitly.

When you're sending or receiving money between the United Arab Emirates and Solomon Islands, you have to be ready to show some ID.

The exact documents you need might vary. Usually in the United Arab Emirates this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in Solomon Islands.

If you're making a big transaction between the United Arab Emirates and Solomon Islands, a provider may ask you for proof of address or may want to know where your money comes from.

Remitly is a great option for sending from the United Arab Emirates as the sign up process is pretty straightforward, even for larger transactions.

When sending large amounts of money between the United Arab Emirates to Solomon Islands there will be tax implications to consider.

Some AED-SBD transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.

Tax limits and personal allowances differ in Solomon Islands based on age, income and a few other elements. When in doubt, please contact a tax professional in United Arab Emirates or Solomon Islands to discuss your personal circumstances.