🇦🇪→🇹🇷
Send Money from United Arab Emirates to Turkey
Businesses in United Arab Emirates paying Turkey suppliers for Textile. Send AED from United Arab Emirates, receive TRY in Turkey with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local AED collection + local TRY delivery = no correspondent bank fees
Save £3,530 per £100k Payment
United Arab Emirates to Turkey corridor savings
Traditional Bank
£4,035
- ❌ 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
- ✓ BKM (Interbank Card Center)
Your Savings
87%
£3,530 per £100k
At £300k-£3M monthly, save £8,834/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 Turkey: Compliance & Requirements
Regulatory Considerations
- Central Bank of Turkey (TCMB) regulations
- High inflation - TRY volatility extreme
- Many suppliers prefer EUR/USD invoicing
- Turkish customs documentation required
Payment Best Practices
- TRY highly volatile - lock rates immediately or use EUR/USD
- Turkey strategic location between Europe/Asia
- Strong textile and automotive sectors
- Political/economic volatility - use hedging
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via BKM (Interbank Card Center)
United Arab Emirates → Turkey Corridor Insights
Popular Industries
- Textile
- Automotive Parts
- Agricultural Products
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 Turkey?
Save 87% on every payment with t+0 (2.3s avg within unicorn network). Local AED collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB