💱 Best money transfer services UAE (October 2025) - Compare AED to GBP, USD, EUR, INR
- Kacper Duda
- Oct 1
- 3 min read
Outward remittances from the UAE are projected to hit around $47 billion this year. That’s billions flowing out as expats support families, cover mortgages, or invest back home.
But here’s the catch: the provider you choose can mean the difference between your family receiving the full value, or you quietly losing hundreds of dirhams a year to hidden costs. In a time when rent and grocery bills are all rising, that’s money worth keeping in your pocket.
Read on to find out:
Which providers give you the best value for your dirham this month
Why “zero fee” doesn’t mean free
In the news - UAE banking customers demand better value
This month’s winners - October 2025
We compared transfers of AED 5,000 across leading UAE providers during the same 15-minute window. Here’s who came out on top this month.
Highlights
GBP: e& money edges out Remitly, saving you up to £22.48 compared to the weakest provider (around AED 100 more left in your pocket)
USD: e& money also leads here, with a gap of $9.13 between best and worst. That’s a 0.7% swing in what your recipient receives. Interestingly, if you were to transfer under $1,000 Wio Bank would also make the top 3. That’s rare for a bank, but it works because they waive transfer fees for smaller amounts!)
EUR: Careem Pay claims top spot, with €25.70 more than the worst option, equal to roughly AED 100 in hidden losses if you don’t compare.
INR: e& money tops the chart with a margin of nearly ₹486. For families depending on monthly transfers, that adds up quickly.
Our top 3 ranking table based on sending AED 5,000
Currency | Rank | Provider | Amount Received |
GBP (£) | 🥇 1st | 1,008.00 | |
🥈 2nd | 1,006.00 | ||
🥉 3rd | 1,005.00 | ||
USD ($) | 🥇 1st | 1,359.81 | |
🥈 2nd | 1,358.50 | ||
🥉 3rd | 1,356.85 | ||
EUR (€) | 🥇 1st | 1,151.00 | |
🥈 2nd | 1,149.50 | ||
🥉 3rd | 1,149.38 | ||
INR (₹) | 🥇 1st | 120,905.42 | |
🥈 2nd | 120,850.00 | ||
🥉 3rd | 120,550.00 |
* Calculated on the basis of a Careem+ membership which includes 3 fee-free transfers.
Beyond the top 3
Our tables highlight the top 3 providers for each currency, but we actually track 8 major names across digital apps, exchange houses, and banks.
There are, of course, plenty of others out there. If the service you use comes close to the rates shown above, you’re still getting good value so feel free to use them (and let us know by getting in touch below!).
Here’s a quick guide to how the main provider types differ:
Provider Type | Examples | Things to consider |
|---|---|---|
Digital payment apps | Careem Pay, e& money, Du Pay | Fast, convenient, often competitive, especially for everyday transfers |
Exchange houses / brokers | Al Ansari, GC Partners | Good for larger amounts or an in-person service. |
Banks | Traditional UAE banks | Usually more expensive, with fewer promotions or preferential rates |
Tip: No matter which route you choose, always compare the final amount received, not just the advertised “fees.”
🚫 Why “Zero Fee” Doesn’t Mean Free
You’ll often see banks and transfer services splash “zero fee” across their ads. Sounds like a win, right? Not quite.
Even if you don’t pay an upfront charge, providers still make money - usually by building hidden costs into the exchange rate itself. This means you get fewer pounds, dollars, euros or rupees on the other side, even if the transaction looked “free.”
For example: on an AED 5,000 transfer, the difference between the best and worst provider this month is worth up to AED 100+ (or 2%) depending on the currency. That’s the real cost of ignoring the small print.
The golden rule? Don’t just look at fees. Always check the amount your recipient actually receives. That’s the only number that matters and that’s how we do it in our research.
IN THE NEWS - UAE banking customers demand better value
A recent PwC report found that UAE bank customers are among the least satisfied in the Gulf, with frustrations ranging from slow responses to unexpected charges, The National reports.
While that might sound negative, it underlines exactly why we exist: to bring clarity, transparency, and practical guidance where customers feel underserved.
If banks don’t always meet expectations, the onus falls on us as consumers to make smarter choices: whether that’s comparing FX rates, fees, or hidden margins.
Disclaimer: Please bear in mind that this email does not constitute financial advice. Any choices you make you are solely responsible for. We always aim to provide highest quality, independent views but do your own research to ensure you’re comfortable with any changes you make to your personal finances.
