What does domestic payments only mean?

AED settles inside the UAE on UAEFTS and IPP. To move value out of the country you convert into GBP, EUR, USD or CAD, or send on USD SWIFT.

Which rails can pay into the account?

Payments arrive on UAEFTS · IPP as domestic credits, with the payer name and reference carried through to your statement.

Can I receive from my own overseas entity?

Same entity funding is permitted where the relationship is documented and the payment purpose is declared at onboarding. Undeclared third party flows are not.

Is the balance a bank deposit?

No. Local Business Accounts are account capabilities, not bank deposit accounts. Client funds are held separately from our own funds with regulated banking partners, and carry no deposit insurance.

AEDLOCAL BUSINESS ACCOUNT · UNITED ARAB EMIRATES

Your UAE customer pays a local. You still own the money.

A local AED IBAN issued in your business name, fed by UAEFTS and IPP. AED supports domestic payments only. The statement below is one real working day, priced at Treasury Membership.

Apply for AED Compliance pack →

ACCOUNT HELD IN YOUR BUSINESS NAMELIVE

IBANAE07 0331 2345 6789 0121 407

SCHEMEUAEFTS · IPP

SCOPEDOMESTIC PAYMENTS ONLY

BALANCE, AEDAED 1,800,000.00HELD IN YOUR NAME. NOTHING CONVERTS WITHOUT YOUR INSTRUCTION.

TIMEMOVEMENTAMOUNT

POSTING · 1 OF 5ILLUSTRATIVE · TREASURY MEMBERSHIP PRICING

01 · LOCAL RECEIPTSETTLED

Your customer sent a domestic credit on IPP. Nothing crossed a border, so no correspondent could take a cut on the way in.

RAILUAEFTS · IPP

SETTLEMENTMINUTES

PAYERVISIBLE ON RECEIPT

REFERENCEINV-2026-0413

SAME INSTRUCTION ON A CORRESPONDENT WIRE

AED 39,715.00 LOSTAED 5,580.00 HERE

ILLUSTRATIVE. CORRESPONDENT FIGURES ARE TYPICAL MARKET DEDUCTIONS, NOT A QUOTE. YOUR SIGNED SCHEDULE GOVERNS.

Where AED can go, and what it costs to send.

MARGIN IS AGREED BEFORE YOU INSTRUCT AND BOOKED WITH A DEAL REFERENCE

ROUTERAILFX MARGINSETTLEMENT

AED→AEDUAEFTS · IPPNO CONVERSIONMINUTES

AED→GBPFASTER PAYMENTS · CHAPSFROM 0.15%INSTANT

AED→EURSEPA · SEPA INSTANTFROM 0.15%INSTANT

AED→USDACH · FEDWIREFROM 0.15%SAME DAY

AED→CADEFT · WIREFROM 0.15%SAME DAY

REACHUSD SWIFT · 180+ COUNTRIESFROM 0.15%1 TO 3 DAYS

MOVEMENT FEES ARE CHARGED PER MOVEMENT AT THE GREATER OF THE FLAT FEE OR THE PERCENTAGE: GBP FROM GBP 5 OR 0.05% · EUR FROM EUR 5 OR 0.05% · USD FROM USD 35 OR 0.05% · AED FROM AED 20 OR 0.08% · USD SWIFT FROM USD 35 OR 0.05%. CAD IS PASSED THROUGH AT COST.

WHAT THE MARGIN ABOVE COSTS YOUMOVEMENT FEES ARE IDENTICAL ON ALL FOUR. ONLY THE MARGIN CHANGES.

BUSINESSUSD 100 / MOAED FX 0.50%Shared desk. USD 1,000 billed annually.BUSINESS PLUSUSD 300 / MOAED FX 0.25%Priority queue. USD 3,000 billed annually.TREASURYUSD 500 / MOAED FX 0.15%Named specialist owns your exceptions. USD 5,000 billed annually.INSTITUTIONALBESPOKEAGREED SCHEDULEFinancial institutions and payment businesses moving client flows.

ANNUAL BILLING INCLUDES TWO MONTHS. THE BAND IS GUIDANCE, NOT A GATE.

MODEL YOUR VOLUME →COMPARE MEMBERSHIPS →

WHAT STOPS A AED PAYMENT

Two things stop it. The receipt type, or the country.

17 PROHIBITED FOR AED

CLEARS

Trade receipts from United Arab Emirates customers for goods or services your business invoiced

CLEARS

Same entity funding from your own overseas accounts, where documented

CLEARS

Settlement carrying an invoice, contract or shipment reference

CLEARS

Payments from counterparties disclosed at onboarding

STOPS

Personal transfers, or payments from individuals unrelated to the trade

STOPS

Cash deposits of any kind

STOPS

Client money held on behalf of third parties, or undeclared third party flows

STOPS

Receipts with no commercial purpose or supporting documentation

EVERY RECEIPT CARRIES PAYER NAME AND REFERENCE INTO YOUR STATEMENT. REGULATED PAYMENT BUSINESSES MOVING CLIENT FUNDS ARE STRUCTURED UNDER INSTITUTIONAL MEMBERSHIP.

Getting the AED account open.

TIMINGS ARE INDICATIVE AND DEPEND ON HOW QUICKLY DOCUMENTS ARRIVE

STEP 01ApplicationCompany, directors, UBOs and the corridors you expect to run.DAY 1

STEP 02KYB and UBOIncorporation documents, registers and beneficial owner verification.DAY 1 TO 3

STEP 03Activity reviewVolume, pairs, counterparties and trade documents for declared flows.DAY 3 TO 7

STEP 04AED approvalCapability confirmed and account details issued in your business name.ON APPROVAL

STEP 05Pricing scheduleMembership and fee schedule issued against your reviewed flow, then signed.WITH APPROVAL

STEP 06ActivationFirst instruction accepted. Instructions run 24/7 with no cut off.SAME DAY

AED QUESTIONS

The AED rail costs more to run and carries heavier documentation requirements. We price it separately rather than blending it into one headline number that would not hold.

Take the AED account into the application.▍

The application carries AED through, so you do not re enter it. Or send the desk your corridor and we will price it before you commit.

Apply with AED selected Compliance and pricing pack →