How to send money to Italy from UAE with the best AED-EUR rate

A comparison of providers offering services between the United Arab Emirates and Italy, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.

For sending AED to Italy, we found that:

• TorFx is our recommended company for sending money to Italy from AED. Sending 25,000 AED to EUR will cost you .د.إ0 in fees, and you will receive 5,939.58 EUR.

• For a cheap way to send AED to Italy, Key Currency is a great all round choice.

• Fastest money transfers to Italy from the United Arab Emirates is with Taptap Send. For example, the transfer time for sending .د.إ25,000 to Italy with Taptap Send is minutes. But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

We’ve compared 10 providers that provide services for sending UAE Dirham to Italy. This ensures you will get the best options for your transfer to Italy from the United Arab Emirates.

Whilst we rate TorFx as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Arab Emirates to Italy.

An exchange rate determines the price you will pay when buying Euro. A better exchange rate means more money sent from the United Arab Emirates to Italy.

The current rate between the UAE Dirham and Euro is 0.2393.

When calculating the cost of sending money from the United Arab Emirates to Italy, a combination of fees and exchange rates ensure the best deal:

• The Mid-Market and Exchange Rates: The current AED-EUR mid-market rate is 0.2393 EUR per UAE Dirham. Finding a provider as close to this number as possible will ensure more Euro for your money.

• Fees: Transfer fees are charged on top of a transfer. Key Currency currently offers lowest fees of 0 AED. Although we recommend searching for your exact send amount for an exact fee.

• Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to the United Arab Emirates from Italy. The higher the total amount received in Italy, the lower the cost of sending from the United Arab Emirates.

Understanding the averages, and then waiting a day or two can help you get more EUR for the same amount of UAE Dirham.

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

A bank transfer is the payment method that will get you the best price on a transfer from the United Arab Emirates to Italy.

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

Bank transfers

Bank transfers are often the default option for sending money from United Arab Emirates to Italy.

By using a money transfer company such as Key Currency for transfers from United Arab Emirates to Italy, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from United Arab Emirates to Italy with a debit or a prepaid card is very simple with Taptap Send.


Taptap Send is a leader in debit card payments for transfers from United Arab Emirates to Italy, competing among a total of 10 active money transfer companies on this route.

Credit cards

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

Not many companies offer direct credit card deposits, and usually, it means taking a cash advance and using that for the deposit, which ends up more expensive.

and have different regulations and ensuring you fully understand these regulations will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for money transfers between the United Arab Emirates and Italy

Some companies offering money transfers between the United Arab Emirates and Italy have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare AED-EUR rates for your specific transfer amount. For regular transfers to Italy, shopping around each time can make a huge difference.

For sending large amounts of AED to Italy, we’d recommend TorFx. They offer a solid combination of rates and fees when sending from the United Arab Emirates to Italy that is the most competitive, even at larger amounts.

There are different options for receiving Euro in Italy. The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account. Not all providers offering transfers from the United Arab Emirates to Italy will offer every method for incoming Euro, so it’s best to check ahead of time.

Sending directly to a bank account is one of the most common ways to send money from United Arab Emirates to Italy. For most part, this is because it means the recipient has to do very little.

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

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When sending UAE Dirham to Italy, through a money transfer company, you will need to verify your ID at the sign up stage.

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

For the most part, ID can be verified in the United Arab Emirates through a government issued ID such as a passport or driver's license. If the recipient needs an ID to collect money in Italy it will be similar.

Large transactions between United Arab Emirates and Italy, can be subject to additional checks such as proof of funds for anti-money laundering purposes.

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

As well as proof of funds, when sending large amounts of money between United Arab Emirates and Italy.

Some transfers into Euro may need to be reported to tax authorities in Italy as well, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Italy based on age, income and a few other elements. When in doubt, please contact a tax professional in United Arab Emirates or Italy to discuss your personal circumstances to ensure you are not missing any specific tax declarations.