Unicorn Currencies
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Send Money from United Arab Emirates to Saudi Arabia

Businesses in United Arab Emirates paying Saudi Arabia suppliers for Petrochemicals. Send AED from United Arab Emirates, receive SAR in Saudi Arabia with t+0 (2.3s avg within unicorn network).

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

Save £1,827 per £100k Payment

United Arab Emirates to Saudi Arabia corridor savings

Traditional Bank
£2,332
  • ❌ 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
  • ✓ SADAD
Your Savings
78%
£1,827 per £100k
At £300k-£3M monthly, save £4,572/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 Saudi Arabia: Compliance & Requirements

Regulatory Considerations

  • Saudi Arabian Monetary Authority (SAMA) regulations
  • Saudi Customs documentation
  • VAT (15%) on goods and services
  • Saudization (Nitaqat) employment requirements

Payment Best Practices

  • Saudi Arabia = Oil & gas leader, petrochemical hub
  • SADAD widely used for B2B invoicing
  • Riyadh + Jeddah + Dammam = Main business centers
  • Vision 2030 - economic diversification ongoing
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SADAD

United Arab Emirates → Saudi Arabia Corridor Insights

Popular Industries

  • Petrochemicals
  • Oil & Gas
  • Construction

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 Saudi Arabia?

Save 78% on every payment with t+0 (2.3s avg within unicorn network). Local AED collection available.

Open AccountView Saudi Arabia Details

Bank of Canada registered PSP | FINTRAC licensed MSB