How to send money to India from UAE with the best AED-INR rate

A comparison of providers offering services between the United Arab Emirates and India is paramount. Based on your specific transfer amount, the best way to send money to India could change. Comparing ensures the best price for your needs.

For services allowing you to send UAE Dirham to India we've compared 8 providers.

Here are your best money transfer options for sending money from the United Arab Emirates to India

• TorFx is our recommended way to send UAE Dirham to INR. Sending 25,000 AED to INR will cost you .د.إ0 in fees, and your recipient will receive 642,519.52 INR. The delivery time usually is minutes - 24 hours, but it depends on the day you make the transfer.

• To secure a cheap way to transfer AED to India, Aspora is our recommendation. We found that Aspora fees were 0 AED per transfer, and customers would expect an exchange rate between AED-INR that is 0% different to the mid-market rate

• Fastest way to send money to India from the United Arab Emirates is with Taptap Send. If you send .د.إ25,000 with Taptap Send to India, the transfer time is minutes. This is currently the fastest option, but can vary depending on how much AED you send to India.

This coverage of the market ensure you will get the best options for your transfer to India from the United Arab Emirates.

Overall, we rated TorFx as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from the United Arab Emirates to India.

A better exchange rate means more UAE Dirham being sent to India. This exchange rate determines the price you will pay when buying Indian Rupee.

Currently the mid-market rate between UAE Dirham and Indian Rupee is 25.7922.

Fees and exchange rates make up the total cost of sending money from India to India. Finding a company that can offer both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: The current AED-INR mid-market rate is 25.7922 INR per UAE Dirham. You will get more Indian Rupee for your UAE Dirhams if you find a provider close to this number.

• Fees: Transfer fees are charged as part of the transfer. Aspora charges the lowest fee of 0 AED at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount of Indian Rupee eventually received in India. You can assume that a lower cost of sending from the United Arab Emirates will result in more money received in India.

Sometimes, waiting a day or two can help you get more INR for the same amount of UAE Dirham - but time it wrong and you might get a worse deal.

If you’re sending a large amount where this rate could make a significant difference, use a forward contract. This allows you to lock in an agreed exchange rate between the United Arab Emirates and India.

A bank transfer through a money transfer company is the cheapest way to send money. Generally, it’s the payment method that will get you the best price on a transfer from the United Arab Emirates to India at this moment.

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

Bank transfers

Bank transfers are usually the best and easiest way to send money from the United Arab Emirates to India.

By using a money transfer company such as Aspora for transfers from the United Arab Emirates to India, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.

Debit and prepaid cards

Sending money from the United Arab Emirates to India with a debit or a prepaid card is available through Aspora.


Aspora is one of the cheaper options for debit card payments for transfers from the United Arab Emirates to India. This cost is against a total of 8 money transfer companies offering this option.

Credit cards

When it comes to credit card transfers from the United Arab Emirates to India, we recommend comparing your options to get the best deal.

Transfer limits to the United Arab Emirates and India will differ per company, this may impact the amount you can send and receive if you hit the limits.

Also, rates and fees for different AED-INR transfer amounts could change - that’s why it’s best to compare companies for your specific transfer amount. Then, for regular transfers to India, shopping around each time can make a huge difference if you feel you are hitting limits regularly.

For sending large or regular amounts of AED to India we'd recommend using TorFx. They offer a combination of rates and fees when sending from the United Arab Emirates to India that is the most competitive.

There are different ways to receive money in India.

The most popular ways are direct bank deposit into Indian Rupee, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers offering money transfers between the United Arab Emirates and India will offer every method for incoming Indian Rupee.

Understanding where the money will eventually go after its left the United Arab Emirates and entered India could impact the provider you use.

The most common (and generally easiest) way to send money from the United Arab Emirates to India is directly into a bank account. TorFx is the best company for sending money from the United Arab Emirates to a bank account in India.

And if you need cash right away, check if cash pickup is an option for transfers between United Arab Emirates and India.

Mobile wallets, P2P services and payment apps like PayPal, Xoom, and CashApp are popular because they offer convenience to those who already have them, but they come with more limitations and higher costs.

When sending Indian Rupees to India, you will need to verify your ID at the sign up stage.

The documents you need will vary by money transfer company and in some cases you might need a couple of options.

For the most part however, in the United Arab Emirates ID can be verified through a government issued ID such as a passport or driver's license.

In India, if the recipient needs an ID to collect money - both should be accepted. We’d recommend checking in advance before sending for any specific requirements on receiving money.

Large transactions between the United Arab Emirates and India, are subject to additional checks such as proof of funds. This is for anti-money laundering purposes.

TorFx is one of our recommended providers for transfers to India from the United Arab Emirates due to the ease of sign up and ID verification.

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

Some transfers into Indian Rupee may need to be reported to tax authorities in India, particularly where inheritance or property purchases are involved (or anywhere else there are additional legal requirements).

Depending on age and income in particular, tax limits and personal allowances will change in India.

When in doubt, please contact a tax professional in the United Arab Emirates or India to discuss the personal circumstances of the transfer. This ensures you are not missing any specific tax declarations associated with your circumstances.