Can I Transfer Money from UAE to Pakistan?
Yes, you can transfer money from anywhere in the UAE to Pakistan. There are many options to do so.
Exchange houses are the most popular ways to remit money from the UAE overseas. These are located across the UAE, in shopping malls, business areas, main streets, and communities near office areas. Some reputed names in the UAE include Al Rostamani, GCC, Al Ansari, and Lulu Financial. Although transfer is mostly though cash pick-up and bank cheques, some of them have their remittance apps too. You can create profiles on these apps to enable online transfers to bank accounts in Pakistan.
Many banks in the UAE offer online banking to allow expats to transfer money to their families back home in the most convenient and fastest way possible. Examples are First Abu Dhabi Bank, Mashreq Bank, and ADCB. If you have an account with these banks, you can easily send money through wire transfers.
Some renowned brands like MoneyGram and Western Union operate through a network of franchises and agents in the UAE. Your beneficiary can simply visit one of their local branches in Pakistan, and collect the money you sent via cash. Many of these services offer online transfers through their apps.
Apart from that, digital banks like Wise (formerly TransferWise) allows UAE residents to send money to Pakistan. These neo banks can offer competitive exchange rates, and personalized offers to customers.
Before you send money abroad, consider comparing various fees charged by different providers. You need to know that currency exchange rates offered by the providers may differ from the spot rates that you find on forex sites.