Unicorn Currencies
...
🇦🇪→🇪🇺

Send Money from United Arab Emirates to European Union

Businesses in United Arab Emirates paying European Union suppliers for Manufacturing. Send AED from United Arab Emirates, receive EUR in European Union with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local AED collection + local EUR delivery = no correspondent bank fees

Save £1,520 per £100k Payment

United Arab Emirates to European Union corridor savings

Traditional Bank
£2,025
  • ❌ 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
  • ✓ SEPA (Single Euro Payments Area)
Your Savings
75%
£1,520 per £100k
At £600k-£6M monthly, save £7,608/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 European Union: Compliance & Requirements

Regulatory Considerations

  • VAT (Value Added Tax) varies by EU country
  • Intra-EU vs extra-EU customs differences
  • GDPR compliance for customer data
  • EU sanctions regime (separate from UN/US)

Payment Best Practices

  • Use SEPA for €1-999,999 payments (very low cost)
  • Target2 for large/urgent payments
  • Post-Brexit customs documentation required for UK-EU
  • EUR volatility lower than GBP - good for budgeting
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SEPA (Single Euro Payments Area)

United Arab Emirates → European Union Corridor Insights

Popular Industries

  • Manufacturing
  • Freight Forwarding
  • Food & Beverage

Peak Trading Hours

12:00-17:00 GST (Europe business hours)

Best for rate execution and faster settlement

Typical Volume

£100k-£500k

Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send AED from United Arab Emirates to European Union?

Save 75% on every payment with t+0 (2.3s avg within unicorn network). Local AED collection available.

Open AccountView European Union Details

Bank of Canada registered PSP | FINTRAC licensed MSB