Best Exchange Rate To Send Money To Pakistan From UAE
If you’re looking to send money from the United Arab Emirates (UAE) to Pakistan then look no further because we’ve got you covered. Since there are many money transfer services out there, we’ll help you choose the best options.
There are currently five major remittance providers serving the UAE to Pakistan route. At the top of the group with the cheapest exchange rate is Wise, which offers 76.7956 Pakistani Rupees (PKR) per AED.
Next comes OFX, yielding 76.3685 PKR for 1 AED. Other competitive services to consider are Paysend and XE Money Transfer. At this point, it is worth mentioning that the ranking coincides with the opinions of the users, while the exchange rate is the secondary factor.
| Remittance Provider | Exchange Rate (1 AED to PKR) | Additional Offer |
| Wise | 76.7956 | None |
| OFX | 76.3685 | 10 Free Transfers |
| Paysend | 76.3013 | 3 Free Transfers |
| xe Money Transfer | 75.8035 | None |
| Skrill | 75.6769 | AED 45 Bonus on the First Transfer |
Also, the exchange rate above is based on the interbank exchange rate of AED 1 = PKR 78.0468 as of August 1, 2023. Therefore, exchange rates may change each time you read this article.
Best Way To Send Money From UAE To Pakistan
In the ever-expanding fintech world, finding the perfect platform for sending money abroad can be difficult.
That’s where these money transfer options come in that will do the work for you.
How To Send Money From UAE To Pakistan Via Wise
Here are the steps to send money from the United Arab Emirates to Pakistan with Wise:
- Go to the Wise website or app and create an account.
- Enter the amount of money you want to send and the recipient’s information.
- Select the currency you want to send in and the currency you want the recipient to receive.
- Select the United Arab Emirates dirham (AED) as the source currency and the Pakistani rupee (PKR) as the target currency.
- Check the exchange rate and commissions.
- Enter your payment information and confirm the transfer.
Send Money From UAE To Pakistan Via OFX
Here are the steps to send money from UAE to Pakistan with OFX:
- Go to the OFX website or app and create an account.
- Enter the amount of money you want to send and the recipient’s information.
- Select the currency you want to send in and the currency you want the recipient to receive.
- Select the United Arab Emirates dirham (AED) as the source currency and the Pakistani rupee (PKR) as the target currency.
- Check the exchange rate and commissions.
- Enter your payment information and confirm the transfer.
Send Money Through Other Exchanges
Sending money from the United Arab Emirates to Pakistan can also be done easily and conveniently with Paysend, XE, and Skrill. These services offer competitive exchange rates, an extensive partner network in Pakistan, and a variety of payment methods.
To send money with Paysend, XE, or Skrill, you need to create an account with the service, enter the amount of money you want to send, the recipient details, and the currency you want to send and receive. You’ll then need to verify the exchange rate, and fees, and enter your billing information to confirm the transfer.
Here are some safety tips to keep in mind when sending money online:
- Only use reputable money transfer services.
- Make sure you are on the official website of the money transfer service.
- Don’t click on links in emails or text messages that you don’t expect.
- Beware of offers that seem too good to be true.
- Protect your personal and financial information.
Here are some of the benefits of using Paysend, XE, and Skrill to send money from the UAE to Pakistan:
- These services offer competitive exchange rates.
- These services have an extensive affiliate network in Pakistan, allowing you to send money to most major banks and financial institutions.
- These services offer a variety of payment methods so you can choose the one that works best for you.
- These services offer a transparent pricing structure so you know exactly what you are paying for.
- These services have a good reputation for customer service.
Which service you choose depends on your individual needs and preferences. If you’re looking for the lowest fees, Paysend might be a good option. If you are looking for the best exchange rate, XE might be a better option. And if you want different payment methods, Skrill might be the best option for you.
Get The Best Exchange Rate
Understanding the different options available to you is the first step in getting the best exchange rate.
The forex market is large and there are many service providers, each offering their own rates. It is important that you do your homework, research different providers and compare their offers.
Cheapest Way To Send Money To Pakistan From UAE
The most important number in a money transfer is the final amount your recipient will receive. Therefore, it is important to minimize the impact of fees and hidden costs.
Instead of relying on traditional methods, compare different exchanges and service providers.
Send Money Through A Bank
While it may seem convenient to use your bank to transfer money abroad, it’s also a good idea to explore other options.
Several money transfer companies may offer better exchange rates and potentially lower fees than your bank. This way you can grow your UAE Dirham even further and ensure your family gets more in Pakistan.
Send Money Fast
If speed is of the essence, consider using cash for the transfer and having your recipient collect the money; These steps can speed up the process.
Alternatively, you can send money to a mobile wallet. Although it can be slower than cash transfers, it is more secure.
Selection Of The Best Money Transfer Companies
With so many options available, finding the right service to send money from the United Arab Emirates to Pakistan can be daunting. That is why we have compiled the above list for you.
Knowing your needs and preferences is key to making an informed decision. For example, consider how much you want to send, what fees you are willing to pay, and what exchange rate you are comfortable with.
Easy Steps To Send Money From UAE To Pakistan
To make a transfer, follow these simple steps:
- Sign up with the provider if it’s your first time.
- Verify your identity with a photo ID and proof of address.
- Add your payment method, usually your bank account in the United Arab Emirates.
- Add your recipient details.
- Choose the shipping method, usually a bank account if available.
- Enter the transfer amount and start the transaction.
- Keep an eye on your email for updates on the progress of your transfer.
Also Read: UAE Increases The Fuel Prices From August