Can I Transfer Money from UAE to US?
Yes, there are many ways to send money to the US. You can visit the nearby branch of an exchange house. There are many reputed and reliable exchange houses in the UAE, such as Al Ansari, Al Rostamani, Lulu Financial, Wall Street exchange, and GCC which will allow you to make cash transfers. Some known exchange houses will also provide direct money transfers to bank accounts in the US. A few exchange houses, like Lulu Financial and Al Ansari, have launched mobile apps as well. Account to account transfers can be done within 1 to 3 working days.
Money transfer services like Cash Express, Western Union, and MoneyGram could be an option. These brands have a huge network of agents and franchises located worldwide, including the US. Your beneficiary will be able to collect cash from one of these agents after providing relevant documents.
Online transfer is possible through a variety of sources. You could send money through wire transfers through an online bank account in the UAE. Banks like the First Abu Dhabi Bank and Mashreq Bank offer international money transfer services.
Check the fees charged by various providers to make an informed decision. Some providers will charge fees as a percentage of your transfer, while some charge flat fees. Also, consider the money exchange rates between UAE Dirham and US dollar. Banks will offer a different exchange rate than the spot rate.