How to send money to Hong Kong from UAE with the best AED-HKD rate

A comparison of providers offering services between the United Arab Emirates and Hong Kong is the easiest way to ensure the best deal.

Here are your top options for sending money from the United Arab Emirates to Hong Kong

• TorFx is our recommended company for AED to HKD transfers. For example, sending 25,000 AED to HKD will cost you .د.إ0 in fees, and you will receive 53,206.53 HKD. The delivery time usually is minutes - 24 hours, but it depends on the day you make the transfer.

• Key Currency offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending UAE Dirham to Hong Kong. It is 0.02% cheaper than the second-best option. The is cost is made up of AED-HKD exchange rate that is 0.25% different to the mid-market rate and the a of 0 AED.

• Fastest way to transfer money to Hong Kong from the United Arab Emirates is with Regency FX. For sending .د.إ25,000 with Regency FX to Hong Kong now, the transfer time is minutes - 24 hours.

We've compared 9 providers that offer services for sending UAE Dirham to Hong Kong.

This ensures you will get the best options for your transfer to Hong Kong from the United Arab Emirates.

An exchange rate determines the price you will pay when buying Hong Kong Dollar. A better exchange rate means more money reaching the recipient in Hong Kong.

The current rate between the UAE Dirham and Hong Kong Dollar is 2.135. With the AED-HKD exchange rate changing almost constantly, it pays to know the averages to get a better deal.

The total cost of sending money to Hong Kong from the United Arab Emirates, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: Currently, the mid-market for AED-HKD is 2.135 HKD per UAE Dirham.

• Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Key Currency, cahrges 0 AED per transfer, which is currently the cheapest option. Although you should search for your send amount for actual fees.

• Amount Received: Money transfer companies will show you the amount of Hong Kong Dollar eventually received in Hong Kong.

A better option is to use a forward contract can also allows you to lock in an agreed exchange rate between the United Arab Emirates and Hong Kong.

Paying via bank transfer is the payment method that will get you the best price with a money transfer company. When sending money from the United Arab Emirates to Hong Kong.

Here are all the ways to send money from United Arab Emirates to Hong Kong:

Bank transfers

A bank transfer is often the default option for money transfers from the United Arab Emirates to Hong Kong.

By using a money transfer company such as Key Currency to send money from the United Arab Emirates to Hong Kong, you can while benefit from lower fees and more favorable exchange rates than a bank would offer. 


Debit and prepaid cards

Sending money from the United Arab Emirates to Hong Kong with a prepaid or debit card is very easy with Paysend.


Paysend is a great choice for sending money with a debit card from the United Arab Emirates to Hong Kong. This is from the 9 money transfer companies compared.

Credit cards

When it comes to credit card money transfers from the United Arab Emirates to Hong Kong there aren't that many options, mainly because it's more expensive.

If you have to, we recommend running a quick comparison to get the best deal on HKD

Companies offering money transfers between the United Arab Emirates and Hong Kong have minimum or maximum thresholds on how much money you can send.

Rates and fees for different transfer amounts could change if you pass a threshold - that’s why it’s best to compare AED-HKD rates for your specific transfer amount.

For regular transfers from the United Arab Emirates to Hong Kong, shopping around each time can make a huge difference.

We’ve recommended TorFx for sending AED to Hong Kong, because of their combination of rates and fees when sending from the United Arab Emirates to Hong Kong that is the most competitive, even at larger amounts.

Check with the recipient and understand any declarations needed on large amounts of money entering Hong Kong from the United Arab Emirates.

There are different ways to receive Hong Kong Dollar in Hong Kong. The most popular options are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

All providers work differently and not all offering transfers from the United Arab Emirates to Hong Kong support every method for receiving Hong Kong Dollar so it’s best to check ahead of time.

Sending directly to a bank account in Hong Kong is one of the most common ways to receive money from the United Arab Emirates. For most part, this is convenient but does have receiving fees to potentially be aware of.

TorFx is the best company for bank transfers between the United Arab Emirates and Hong Kong.

Cash pickup is popular in Hong Kong, but not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Zelle, and CashApp are popular because of convenience. They come with more limitations and higher costs compared to money transfer providers like Regency FX, and are recommended for domestic payments only.

When sending Hong Kong Dollar to Hong Kong, you will need to verify your ID with your chosen money transfer company.

The documents you need will vary and in some cases you might need more than one.

For the most part, accepted IDs in the United Arab Emirates include government issued IDs such as passports or driver's licenses. If the recipient needs an ID to collect money in Hong Kong, the options are similar.

Large transactions between United Arab Emirates and Hong Kong can be subject to additional checks such as proof of funds for anti-money laundering purposes. These won’t be needing when signing up, but will be need ahead of any transfer.

One of the reasons TorFx has scored so highly for transfers to Hong Kong is their easy sign up process in the United Arab Emirates.

When sending money between the United Arab Emirates and Hong Kong there will be tax declarations to consider.

Some transfers into Hong Kong Dollar may need to be reported to tax authorities in Hong Kong and the United Arab Emirates, depending on size and particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Hong Kong based on age, income and a few other elements - such as whether the funds are a gift. Tax law can be confusing, when in doubt, please contact a tax professional in the United Arab Emirates or Hong Kong to discuss your personal circumstances to ensure you are not missing any specific tax declarations associated with your international money transfer.