Black Friday saving continues 🥳

Get the biggest bargains of Cyber weekend

How to send money to the United Arab Emirates (UAE)

Find the best exchange rates when you want to send money to the United Arab Emirates from New Zealand.

Updated

Fact checked

Sending money between New Zealand and the United Arab Emirates (UAE) doesn’t have to be difficult or expensive. Between banks and money transfer companies, you have plenty of options to choose from when it comes to converting your dollars to dirham. Be sure to compare the fees you’ll be charged and familiarise yourself with the common exchange rates in order to get the most out of your transfer.

Send money to the UAE with XE

Send money in more than 60 currencies. Fee-free international money transfers with a global brand.

  • Great rates and no fees
  • Trusted around the world
  • Secure and reliable
  • Trade in 60 world currencies
Promoted

Compare international money transfers to UAE

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
NZD 0 Same day NZD 0.00 2.567 AED
12,835
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
GBP 2,500 Same day NZD 0.00 2.554 AED
12,771
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
NZD 250 1 day NZD 0.00 2.554 AED
12,771
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
NZD 1 Within an hour NZD 3.99 2.57 AED
12,838
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
AUD 250 1 - 2 days NZD 15.00 2.554 AED
12,732
A higher exchange rate applies to non-finder customers. Send money in 45 currencies. No fee if you transfer over AUD$10,000. Go to site Show details
NZD 250 1 day NZD 0.00 2.554 AED
12,771
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply. Go to site Show details
NZD 2,000 2 days NZD 0.00 2.554 AED
12,771
Exclusive offer: $0 transfer fee and discounted exchange rates for all Finder customers.
A higher exchange rate applies to non-finder customers. Send money in more than 60 currencies.
Go to site Show details
NZD 1 1 - 2 days NZD 75.00 2.58 AED
12,706
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
NZD 5 1 - 2 days EUR 3.00 2.564 AED
12,821
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Back to top

How do international money transfers work?

International money transfers allow you to send New Zealand dollars to another country in its currency. If you have friends or family in the UAE, then transferring NZD to AED makes it easy to help out when someone you love is in need. You can use cash, a credit card or transfer money directly from your bank account when you complete a transaction with a money transfer company. Your recipient can then pick up the cash in person or have the money deposited into their bank account. The process is generally quick, and if you compare fees and exchange rates ahead of time, it doesn’t have to be costly.

Banks versus money transfer companies

Because the UAE dirham is traded globally, your bank will be able to easily transfer money between New Zealand and the UAE. However, banks tend to have larger fees than money transfer companies, so your transaction will likely be more expensive through your bank. The exchange rates tend to be worse than money transfer companies. Generally, you’ll save more money and be able to transfer more dirham when you go through a money transfer company instead of your bank.

Jenna sends money to the UAE

Jenna’s husband Michael works in the oil industry in Dubai. With his birthday coming up, Jenna wants to send him a gift of $1,000 to spend as he wishes. Rather than pay the $50 transfer fee offered by her bank, she sees if she can find a cheaper alternative with one of the many money transfer companies online. She compares two to see which one offers the best deal.
Money transfer company 1 Money transfer company 2
Exchange rate 1 NZD = 2.520 AED 1 NZD = 2.447 AED
Transfer fee $5 $14
Transfer method Bank account deposit Bank account deposit
Processing time 2 business days 1-2 business days
Amount received (in AED) 2,515 AED 2,433 AED

As you can see, not only can Jenna send an extra $82 AED by using the first company, but she can also save $9 on transfer fee.

What to compare when looking at money transfer companies

  • Exchange rates. How do each company’s rates compare to those offered by other providers? Are they higher, lower or roughly the same when compared to the competition?
  • Fees. How much will you have to pay when you send a transfer? Can you avoid a transfer fee when you send a large amount of money?
  • Transfer methods. What options are available for making transfers: online, over the phone or at a branch? Is there a smart phone app available?
  • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments?
  • Turnaround time. How long will it take for the funds you send to make it into your recipient’s bank account or wallet?
  • Minimum amount. Is there a minimum transfer limit you will have to meet?
  • Pick-up methods. Will the funds be available for collection from a branch or will they be transferred straight into your recipient’s bank account?
  • Customer service. Are phone, email and/or online customer support offered?
Back to top

Foreign exchange rates explained

Exchange rate is determined by the global political and economic climate. A currency may be strong or weak against another depending on how the country is doing. Because exchange rates fluctuate, the best way to get more dirham out of your dollars is to find the trends and make a transfer on a day where a NZ dollar is worth more UAE dirham. For example, in December 2018 1 NZD was worth about 2.52 AED.

Today’s exchange rate NZD to AED

Options for sending money to the UAE from New Zealand

  • Bank transfers. You can safely and securely send funds from a New Zealand bank account to an account in the UAE.
  • Online money transfer providers. There are plenty of trusted online money transfer companies that can send secure and affordable transactions.
  • Money transfer companies with cash pick-up options. Consider companies that offer this service, such as Western Union and MoneyGram
  • Cheques. International cheques can be obtained from your bank and sent overseas.
Back to top

How to send money to the UAE

Transferring money isn’t difficult, but it can be confusing if you’ve never done it before. Here are the steps you should follow when sending money from New Zealand to the UAE.

  1. Compare the exchange rates and fees of the money transfer companies in the chart above.
  2. Click the “Go to Site” link and register with the provider.
  3. Enter your recipient’s information and confirm how much money you want to send.
  4. Pay for your transfer.
  5. Keep the tracking number close to make sure your transfer is completed successfully.

That’s it. If your recipient is picking up cash, they will also need the tracking and confirmation numbers to complete the transaction.

Tips for picking up cash in the UAE

There are a few simple precautions you can take to ensure you and your money remain safe. Avoid any dangerous parts of town and make sure not to advertise the fact that you’re carrying around a large sum of cash. Ask a friend to come along when you pick up your cash, and as soon as you can, deposit your money into a secure bank account or safe.

Emergency cash transfers to the UAE

Although there are companies that are willing to make emergency transfers of NZD to AED, be mindful that this is an expensive process that will have more fees and a worse exchange rate than the slower, more traditional process. You’ll have to pay extra to get the money to the UAE quickly, so if the transfer can wait, it’s best to compare your options and avoid unnecessary charges.

Cash pick-up locations in UAE

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site