Unicorn Currencies
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🇦🇪→🇳🇴

Send Money from United Arab Emirates to Norway

Businesses in United Arab Emirates paying Norway suppliers for Oil & Gas. Send AED from United Arab Emirates, receive NOK in Norway with t+0 (2.3s avg within unicorn network).

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

Save £1,927 per £100k Payment

United Arab Emirates to Norway corridor savings

Traditional Bank
£2,432
  • ❌ 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
  • ✓ Vipps
Your Savings
79%
£1,927 per £100k
At £300k-£3M monthly, save £4,822/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 Norway: Compliance & Requirements

Regulatory Considerations

  • Norges Bank regulations
  • Norwegian Customs documentation
  • VAT (25%) on goods and services
  • Finanstilsynet (Financial Supervisory Authority) oversight

Payment Best Practices

  • Norway = Oil & gas leader, seafood exporter
  • Vipps dominates - instant B2B payments
  • High labor costs - expect premium pricing
  • Strong environmental standards - ESG compliance important
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Vipps

United Arab Emirates → Norway Corridor Insights

Popular Industries

  • Oil & Gas
  • Seafood
  • Renewable Energy

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 Norway?

Save 79% on every payment with t+0 (2.3s avg within unicorn network). Local AED collection available.

Open AccountView Norway Details

Bank of Canada registered PSP | FINTRAC licensed MSB