Which Bank Is Best for Money Transfer?
There are some leading banks in the UAE that process international money transfers. These include Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB). Some banks that allow international money transfer providers do not charge any fee. While this may be true, it is a good idea to check and compare the currency exchange rates quoted by them.
Apart from the leading banks, you may also wish to know which exchange house is the best for money transfer. This is because exchange houses are the most popular for international remittance of funds. Among the most established exchange houses that offer international money transfer services are Al Ansari Exchange and Lulu Financial. You may also check digital banks, like Wise, which assist with convenient and low-cost online money transfers.