Are you living in India and want to transfer money to the UAE? Technological advancements have made transferring money from one country to another much easier. This blog will discuss the top 5 best websites on how to transfer money from India to UAE. But before that, let’s go through the different ways to transfer money from India to UAE, whether through your bank, online, or using foreign currency demand drafts.
Once you know the basics, let’s dive into the specifics of the top 5 best websites you can use to transfer money from India to UAE. Whether you send money to family or friends or for business purposes, choosing a reliable and efficient service is important.
How to Transfer Money From India to UAE?
Transferring money from India to UAE is a straightforward process with several options. One of the quickest and easy ways to transfer money is through wire transfer. Wise is an excellent platform to transfer money, as it provides the best exchange rates and is the cheapest way to transfer money from India to UAE. ICICI Bank is another platform that offers speedy transfer services.
Another option for transferring money is by demand draft or money order. However, it’s essential to remember to compare rates and fees before choosing any service. Always opt for a trusted service provider that can guarantee safe and quick transfers.
Take assistance from your Bank
Transferring money from India to the UAE can be done through various channels. If you prefer to use your bank, they will likely offer a range of services for transferring funds abroad, though fees and exchange rates will vary. It’s always a good idea to compare different options before deciding on a service and to read up on any potential fees or hidden charges.
And, of course, it’s always wise to check the forex rates being offered, as getting the best rate possible can help maximize the value of your transfer.
Online Money Transfer Or E-Transfer
In today’s digital age, online money transfer or e-transfer has become popular for sending money from India to the UAE. Numerous service providers are available, including Paytm, PayPal, and TransferWise. These services offer competitive exchange rates and low fees, making them an attractive alternative to traditional bank account transfer methods.
Additionally, they are convenient, secure, and fast, allowing you to send money from the comfort of your home or office in just a few clicks. To ensure safe and secure transfers, always verify the legitimacy of the service provider and follow recommended security practices.
Use Foreign Currency Demand Draft
One option to consider when transferring money from India to UAE is using Foreign Currency Demand Drafts (FCDDs). With FCDDs, you can send a specific amount in foreign currency, and the recipient can withdraw the same amount in their local currency. In addition to FCDDs, other methods of transferring money from India to UAE include wire transfers and money orders.
To use FCDDs, non-account holders will need to submit their identity and address proof, as well as the bank and account details of the recipient. Comparing transfer fees and exchange rates is important to ensure the best deal. CurrencyFair is one option, as it has the lowest total cost for transferring money from India to UAE at 854.35 INR.
Transfer Through Money Changers
There are several ways to transfer money from India to UAE, and one of the most popular methods is money changers. These money changers offer a variety of services, including currency exchange and money transfer. To use a money changer, you must provide the payment amount, delivery time, payment method, and bank details. Funds can be transferred directly to a bank account via bank transfer or sent to an exchange house/bank’s account via NEFT/RTGS.
However, it’s important to note that correspondent bank charges may be payable when using money changers. Also, the daily limit for Global Transfers is USD 100,000. Therefore, when choosing a money changer, compare the fees and available services to ensure you get the best deal possible.
Top 5 Best Websites to Send Money from India to UAE
Sending money from India to the UAE has become a straightforward process with numerous online money transfer providers available. We have narrowed down the top 5 websites for you to make an informed decision.
Wise
Wise is one of the top choices when sending money from India to UAE. With a 9.5/10, Wise is considered one of the most reliable and trustworthy money transfer services. When choosing a service, it’s important to consider factors such as high trust and credibility, service and quality, fees and exchange rates, and customer satisfaction.
Wise stands out as the highest-rated provider on TrustPilot, with 186,858 reviews and a score of 4.4/5. Additionally, a bank transfer is the cheapest option for funding international money transfers with Wise. Other providers for sending money from India to UAE include CurrencyFair and OFX. Selecting the right provider ensures your money transfer is safe, fast, and affordable.
OFX
Several websites allow individuals to transfer money from India to UAE, each with pros and cons. Among the top 5 best websites, according to customer reviews on TrustPilot, Wise, OFX, and ICICI Bank. Wise is the highest-rated provider, with an average score of 4.4/5 and the cheapest. OFX is also a reliable option, with over 5,779 reviews and a rating of 4.2/5.
They offer competitive forex rates and wire transfer services to UAE. Finally, ICICI Bank is a fast option while still ensuring secure transfers. Each option can send money from India to UAE quickly and efficiently.
WorldRemit
When it comes to sending money from India to UAE, several websites offer this service. One of the top-rated websites for this purpose is WorldRemit. WorldRemit offers a simple and convenient way to send money to UAE, with different payment methods such as Google Play Store and App Store App.
When choosing a provider, it’s important to consider several factors, such as trust and credibility, service and quality, fees and exchange rates, and customer satisfaction. For example, wise is the highest-rated website for sending money from India to UAE, with a 9.5/10 rating. With the help of these top-rated websites, sending money from India to UAE has become easier and more efficient than ever before.
XE Money Transfers
Another great option for transferring money from India to UAE is XE Money Transfers. They offer competitive exchange rates and low fees, making it a cost-effective solution for sending money abroad. They also provide a user-friendly platform and excellent customer service, ensuring a hassle-free experience.
Using XE Money Transfers, you can make quick and secure transfers to UAE from anywhere in India. So the next time you need to transfer money to UAE, consider using XE Money Transfers for a safe and speedy transaction.
Xoom powered by PayPal
You have several options if you’re looking for the best way to send money from India to UAE. One of the top choices is Xoom, which PayPal powers. Xoom is rated highly in terms of Trust & Credibility, Service & Quality, Fees & Exchange Rates, and Customer Satisfaction, all rated above 9.0.
In addition to its excellent ratings, Xoom offers some of the best forex rates when sending money to UAE. Moreover, you can easily send money via the Xoom website or mobile app, making it a convenient option for those on the go. Xoom, powered by PayPal, is a secure, fast, and reliable choice for sending money from India to UAE.
Conclusion
Transferring money from India to the UAE, while once a cumbersome task, has now become much more accessible thanks to the plethora of options available. This article outlines some of the best websites to send money from India to UAE, including Wise, OFX, WorldRemit, XE Money Transfers, and Xoom, powered by PayPal.
But before you choose a specific method or website, assess your needs and compare fees, exchange rates, and transfer times. We understand that transferring money can be stressful, but you’ll feel much better once you’ve found the right option.
FAQ – How to Transfer Money From India to UAE?
Can I bank transfer money from India to UAE?
Yes, transferring money from India to UAE through bank transfer is possible. Most banks offer this service, making it a convenient option for those using traditional banking methods. However, it is important to consider the exchange rates and fees associated with bank transfers, as they might not be as competitive as other options. Additionally, bank transfers can take longer than other methods, so factor in the processing time when choosing this option.
Can I send money from India to Dubai through Google pay?
Google Pay cannot transfer money from India to the United States. However, you may use Google Pay to send money to family and friends in India. Wise may be a suitable solution to send money from India overseas.
What is the bank transfer rate from INR to AED?
Today, the exchange rate of 1 INR is 0.044647 AED.
Can I send money from India to UAE through PayPal?
Yes, you can use PayPal to send money from India to UAE. However, it is important to note that PayPal’s fees and exchange rates may not be as competitive as other options, such as Xoom, which PayPal also powers. Additionally, PayPal may only be available in some countries and regions, so check before sending money. Overall, Xoom is a great choice for sending money from India to UAE for a secure, fast, and reliable option.
Can we send money from India to UAE through Paytm?
Yes, it is possible to send money from India to UAE through Paytm. Paytm offers international money transfer services through its partnership with WU (Western Union). This option allows quick and convenient transfers with competitive exchange rates and minimal fees. However, it is important to note that the transfer limits for Paytm may be lower than other options.
