NATIONAL BANK OF ABU DHABI POUND & EURO to UAE DIRHAM RATES
| NATIONAL BANK OF ABU DHABI | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
|---|---|---|---|---|---|
| GBP £ - to AED | NO MINIMUM | 5/7 DAYS | 4.5% | 4.331 |  |
| EUR € - to AED | NO MINIMUM | 5/7 DAYS | 4.5% | 3.807 | |
| 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.
NATIONAL BANK OF ABU DHABI – 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 National Bank of Abu Dhabi charges?
Answer: Using National Bank of Abu Dhabi 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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National Bank of Abu Dhabi International Money Transfers
Save on exchange rate conversions when transferring money or making payments overseas from your National Bank of Abu Dhabi UAE bank account in AED, GBP, EURO & USD currencies. National Bank of Abu Dhabi international money transfers to or from the UAE have higher transaction charges, due to a less competitive exchange rate offered by the National Bank of Abu Dhabi. Skip to: UAE Money Transfer Specialists
Typically, sending funds to or from your National Bank of Abu Dhabi account in UAE dirham to a UK pound, euro or US dollar overseas bank account will involve a margin rate of 4.5% – much higher than most currency broker rates (typically 0.7 to 1.0%).
Currency Transfer Alternatives – National Bank of Abu Dhabi
Sending foreign currency to or from your National Bank of Abu Dhabi 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 National Bank of Abu Dhabi services would have a transaction exchange rate margin of around 4.5% – or 4,500 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.
National Bank of Abu Dhabi – Other Useful Information
International money transfers from the National Bank of Abu Dhabi could take longer to arrive than using a private currency exchange provider and you will also need to be an existing National Bank of Abu Dhabi account holder to use their services. The National Bank of Abu Dhabi 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, the National Bank of Abu Dhabi’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.
National Bank of Abu Dhabi, UAE – About
The National Bank of Abu Dhabi (NBAD) was created in 1968 in the United Arab Emirates and operates a network of over 100 banking branches, located strategically across the UAE. NBAD also operates in 17 countries through branches, subsidiaries and representative offices. Overall, the National Bank of Abu Dhabi has nearly 60 branches and offices outside the UAE including Hong Kong, Malaysia, Oman, Bahrain, Kuwait, Jordan, Egypt, Sudan, Switzerland, South Africa, France, United Kingdom and the United States (through its subsidiary Abu Dhabi International Bank).
National Bank of Abu Dhabi – Head Office Address
NBAD – 3rd Floor, Elite Center, Khalifa Street, Abu Dhabi, United Arab Emirates
TRANSFER PROMOTIONS
