Are you living in Dubai and looking forward to transfer money, then you must also be looking for the ways of transferring the money!
No matter, if it is the cash or virtual money, it is never so simple for getting the money to your loved ones as such. There are different kinds of methods for transferring money from Dubai, and in this post, you will know about the same as such. These are the best methods to be followed for the people who want to transfer money in Dubai.
Top 5 Ways to Transfer Money in Dubai:
Here is the list of 5 best ways for transferring money in Dubai and you can opt for any of these ways:
1 Cash to Cash Transfer:
You can opt for going to the money transfer centers because these are being operated by the Western Union and UAE Exchange, and this works best for the cash-to-cash basis. You just have to give the money and this is being converted in the currency of the destination country and these are also picked by the recipient, or in some of the countries, and also delivered to the recipient, may be instantly or in a day or two. The payment receipt will also have the money transfer control number and this is needed to be presented by receiver for collecting of funds. This service is also the subject matter of high exchange rates and the fees per transaction because of the price regarding cash disbursement. Also know about applying work permit visa in Dubai, UAE.
2 Cash to Bank Account Transfer:
This particular service lets you pay in the cash at the MTO (Money Transfer Operator’s) branch, like those which are under UAE exchange or at the Al Ansari Exchange, whereas the recipient receives the remittance which is directly in his/her bank account itself. It can also be credited just immediately, but just typically, and it takes some days and is completely subject to the flat remittance fee, and this also includes the exchange rate. UAE Exchange also provides the instant bank credit service and this is also called as Flash remit, Western Union also provides the account based money transfers. There are various classified app Dubai, and people can buy used cars in Dubai, from that app.
3 Bank to Bank Account:
In this method, you can send the money directly from your bank account for the recipient’s account only. Many banks also have this service and through the fast delivery plus the reduced fees for partnering the bank. It can also get arranged through online or through the phone, just by providing the account and also for routing the numbers too, for both the sending and also receiving the banks. This fees is generally more than those which is provided by the MTOs. Emirates NBD also provides the fast bank-to-bank platform for three of the huge remittance corridors from UAE (India, Pakistan and the Phillipines) through the DirectRemit too and also the 60 second fund transfer at just the zero transaction cost and also the competitive exchange rates. There are also the popular apps to buy and sell used cars in Dubai, UAE and you can buy usedcars as per your choice, through these apps.
4 Through the Credit and Debit Cards:
Yet another way to transfer money is by the credit and debit cards too. The platforms for these, are the Western Union and MoneyGram, by making use of the debit and credit card and this can speed up the time which is being taken for sending the money. There are some services which lets you to send the money for recipient’s credit card. The non-resident Indians of UAE also make use of the credit card and the transfer money to any kind of bank account in India, by the online cross-border remittance service too, Remit2India.
5 Mobile Online Transfers Method:
You can also transfer money through the mobile transfer too. This is the best option to be followed through the website itself. There are various other technologies that includes the PayPal app for transferring the money at the recipient’s phone. Western Union provides you the facility for fund transfers directly for the mobile phone wallets in Bangladesh, Kenya, Phillipines and Madagascar.
The Final Words:
So, in a nutshell, it can be concluded that the above listed are the best methods to be opted for transferring money from Dubai, by the people who stay in Dubai. People around the globe also check out the best Dubai real estate because this is the tourist place and have the class quality apartments, villas and much more in the real estate segment. This is the reason why real estate buyers keep their eyes glued to purchasing the best ever real estate in the city of gold: Dubai.