🇦🇪→🇨🇿
Send Money from United Arab Emirates to Czech Republic
Businesses in United Arab Emirates paying Czech Republic suppliers for Automotive. Send AED from United Arab Emirates, receive CZK in Czech Republic with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local AED collection + local CZK delivery = no correspondent bank fees
Save £2,025 per £100k Payment
United Arab Emirates to Czech Republic corridor savings
Traditional Bank
£2,530
- ❌ 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
- ✓ CERTIS
Your Savings
80%
£2,025 per £100k
At £300k-£3M monthly, save £5,068/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 Czech Republic: Compliance & Requirements
Regulatory Considerations
- Czech National Bank (ČNB) regulations
- VAT (21%) documentation required
- EU customs procedures apply
- Business registration number (IČO) verification
Payment Best Practices
- Czech = Central European automotive powerhouse (Škoda)
- Express instant payment faster than SWIFT
- Glass and crystal exports world-renowned
- Beer industry significant - Pilsner originated here
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via CERTIS
United Arab Emirates → Czech Republic Corridor Insights
Popular Industries
- Automotive
- Machinery Manufacturing
- Glass Industry
Peak Trading Hours
GST (GMT+4) to GMT 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 Czech Republic?
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