🇬🇧→🇦🇪
Send Money from United Kingdom to United Arab Emirates
Businesses in United Kingdom paying United Arab Emirates suppliers for Commodity Trading. Send GBP from United Kingdom, receive AED in United Arab Emirates with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local AED delivery = no correspondent bank fees
Save £2,025 per £100k Payment
United Kingdom to United Arab Emirates corridor savings
Traditional Bank
£2,530
- ❌ 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 GBP collection
- ✓ Transparent 0.5% spread
- ✓ UAEFTS (UAE Funds Transfer System)
Your Savings
80%
£2,025 per £100k
At £300k-£3M monthly, save £5,068/year
Sending from United Kingdom: What You Need to Know
GBP Origin Specifics
- GBP free-floating currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
Paying Suppliers in United Arab Emirates: Compliance & Requirements
Regulatory Considerations
- UAE Central Bank reporting for transactions >AED 55,000
- Free zone vs mainland entity differences
- VAT (5%) documentation required
- Economic substance regulations for certain activities
Payment Best Practices
- UAE is a re-export hub - use for onward shipments to Africa/Asia
- AED is pegged to USD (3.67:1) so minimal volatility
- Dubai/Abu Dhabi banks well-connected globally
- Use UAEFTS for domestic, SWIFT GPI for international
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via UAEFTS (UAE Funds Transfer System)
United Kingdom → United Arab Emirates Corridor Insights
Popular Industries
- Commodity Trading
- Construction
- Oil & Gas
Peak Trading Hours
GMT to GST (GMT+4) 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 GBP from United Kingdom to United Arab Emirates?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB