EMIRATES NBD UK POUND & EURO to UAE DIRHAM EXCHANGE RATES
| EMIRATES NBD | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
|---|---|---|---|---|---|
| GBP £ - to AED | NO MINIMUM | 5/7 DAYS | 2.4% | 4.426 |  |
| EUR € - to AED | NO MINIMUM | 5/7 DAYS | 2.4% | 3.89 | |
| BROKER RATES | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
| GBP £ - to AED | From £100 | From 1 DAY | From 0.7% | 4.503 |  |
| EUR € - to AED | From £100 | From 1 DAY | From 0.7% | 3.958 | |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
EMIRATES NBD – RECOMMENDED CURRENCY TRANSFER SERVICES
| BROKER RATES: GBP/AED | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATE: GBP/AED | MORE DETAILS |
|---|---|---|---|---|---|
| CURRENCIES DIRECT | £100 | 1 DAY | 0.7 to 1.0% | 4.49 to 4.503 |  |
| TORFX | £250 | 1 DAY | 0.7% | 4.499 | |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
Question: How many UAE dirhams will I receive for my currency transfer, after Emirates NBD fees and charges?
Answer: Using Emirates NBD services, the exchange rates shown are typical. All banks have individual rates and commission structures for international currency transfers. Find the latest exchange rates for an overseas bank using our Bank Rate Comparison below:
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Emirates NBD bank International Money Transfers
Save on exchange rate conversions when transferring money or making regular payments overseas from your Emirates NBD bank account in AED, GBP, EURO, USD and other currencies. Emirates NBD bank international money transfers to or from the UAE have higher transaction charges, due to a less competitive exchange rate offered by Emirates NBD. Skip to: UAE Money Transfer Specialists
Typically, sending funds to or from your Emirates NBD bank account in UAE dirham to a UK pound, euro or US dollar overseas bank account will involve a margin rate of 2.4% – much higher than most currency broker rates (typically 0.7 to 1.0%).
Currency Transfer Alternatives – Emirates NBD Bank
Sending foreign currency to or from your Emirates NBD bank account in the UAE needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 UAE dirham (AED) using Emirates NBD bank services would have a transaction exchange rate margin of around 2.4% – or 2,400 AED. Using a specialist broker, in this example Currencies Direct – the exchange rate margin would work out at between 0.7 to 1.0% – or only 700 to 1,000 AED in total, which is a large saving over the bank service.
Emirates NBD Bank – Other Useful Information
International money transfers from Emirates NBD bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Emirates NBD account holder to use their services. Emirates NBD may charge a commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 or 20,000 UAE dirham.
Unless you pay a premium, Emirates NBD’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Emirates NBD Bank, UAE – About
Emirates NBD was created in 2007 after a merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD) combining the 2nd and 4th largest banks in the United Arab Emirates. Emirates NBD has more than 220 bank branches in the UAE and also has operations in Egypt, Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
Emirates NBD – Head Office Address
Emirates NBD – Andalusia 23, Ibn Batuta Mall, Dubai, United Arab Emirates
TRANSFER PROMOTIONS
