
Is There a Limit on Remittance to the UK?
There is as such no legal limit on money transfers to the UK, from the UAE. There is a cash limit of AED 100,000 for people coming in or going out of the UAE, but no limits on electronic transfers. So, when you want to transfer money from UAE to the UK, you will need to find remittance limits imposed by each service provider. For instance, Mashreq Bank will allow you to send up to GBP 20,000 (approx. AED 99773) to the UK. EmiratesNBD has launched the DirectRemit service for money transfer to the UK. Through the DirectRemit option, you can send up to GBP 25,000 (approx. AED 124,753) to any UK-based bank account.
If you choose Wise, you can send up to GBP 1 million per transfer. Wise will allow you to send money to any UK bank account connected to CHAPS or the Faster Payments Scheme.