🇦🇪→🇦🇺
Send Money from United Arab Emirates to Australia
Businesses in United Arab Emirates paying Australia suppliers for Mining. Send AED from United Arab Emirates, receive AUD in Australia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local AED collection + local AUD delivery = no correspondent bank fees
Save £2,030 per £100k Payment
United Arab Emirates to Australia corridor savings
Traditional Bank
£2,535
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local AED collection
- ✓ Transparent 0.5% spread
- ✓ NPP (New Payments Platform)
Your Savings
80%
£2,030 per £100k
At £300k-£3M monthly, save £5,080/year
Sending from United Arab Emirates: What You Need to Know
AED Origin Specifics
- AED pegged to USD (3.67 fixed rate)
- Corporate Tax 9% (effective 2023)
- Free Zone invoice requirements
Your Local Advantages
- Local AED account available
- UAEFTS (UAE Funds Transfer System) instant collection
- No correspondent bank fees on origin side
Local Collection Method
UAEFTS (UAE Funds Transfer System)
Same-day • UAE domestic instant transfers. All local banks connected.
Paying Suppliers in Australia: Compliance & Requirements
Regulatory Considerations
- APRA (Australian Prudential Regulation Authority) oversight
- GST (10%) applicable to most goods/services
- ABN (Australian Business Number) required for all suppliers
- AUSTRAC AML/CTF compliance
Payment Best Practices
- Australia = Mining and agriculture powerhouse, commodity exporter
- NPP enables instant AUD payments without international wire fees
- Strong trade relationship with Asia-Pacific region
- Time zone considerations: AEST is 9-11 hours ahead of UK
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via NPP (New Payments Platform)
United Arab Emirates → Australia Corridor Insights
Popular Industries
- Mining
- Agriculture
- Education
Peak Trading Hours
GST (GMT+4) to AEDT (GMT+11) time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send AED from United Arab Emirates to Australia?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local AED collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB