🇦🇪→🇲🇾
Send Money from United Arab Emirates to Malaysia
Businesses in United Arab Emirates paying Malaysia suppliers for Palm Oil. Send AED from United Arab Emirates, receive MYR in Malaysia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local AED collection + local MYR delivery = no correspondent bank fees
Save £2,020 per £100k Payment
United Arab Emirates to Malaysia corridor savings
Traditional Bank
£2,525
- ❌ 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
- ✓ DuitNow
Your Savings
80%
£2,020 per £100k
At £300k-£3M monthly, save £5,055/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 Malaysia: Compliance & Requirements
Regulatory Considerations
- Bank Negara Malaysia FX regulations
- Royal Malaysian Customs documentation
- Sales Tax (5-10%) on goods
- MDEC oversight for tech sector
Payment Best Practices
- Malaysia = Palm oil leader, electronics hub (Penang)
- DuitNow fastest for MYR payments
- Halal certification important for food/pharma
- Penang = Electronics manufacturing zone
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via DuitNow
United Arab Emirates → Malaysia Corridor Insights
Popular Industries
- Palm Oil
- Electronics
- Rubber
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 Malaysia?
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