Sending United Arab Emirates Dirham (AED) payments
This guide is to help you with sending AED payments. It has all the information you need to know, including when you can usually expect it to arrive and what you can do if it doesn’t.
Can I send AED payments to a business?
✅ Yes, you can send AED payments to an individual or a business.
Is the name I use on a payment checked?
🟠 Sometimes, if the receiving bank manually reviews the payment. It’s really important that you use the correct account number. If the incorrect account number is used and it belongs to someone else, the payment will likely be returned.
What details do I need to use?
Recipient type (Person or business)
Full recipient name (up to 35 characters, A-Z only)
Account number (23 digit IBAN, beginning with AE)
Recipient country
Reference (optional, up to 35 characters)
How much money can I send?
There’s no limit on AED payments.
How long will my payment take?
Most payments arrive within 1 working say, and nearly all arrive within 2 working days.
In some cases, because of bank holidays or if there are any extra checks on the payment it can take up to 3 working days.
You can see how long we expect your payment to take before you send it in the app, and after you’ve sent it by tapping it in your feed.
How will my payment be sent?
We’ll send your payment as a local bank transfer through the UAEFTS (United Arab Emirates Funds Transfer System) network with partner banks in the United Arab Emirates (UAE).
When do I have to make a payment for it to be sent out on the same day?
Payments must be made by 12:00 GMT to be sent out on the same day.
Can I recall a payment I made by mistake?
✅ Yes, if you’ve used the wrong name or account number or if you think it’s fraud. Let us know right away so we can help.
⏰ We can send the recall immediately.
Other useful information
The reference is only forwarded once. If a transfer bounces back and is sent out again, the reference won't be forwarded again.
Recipient banks might check names on payments manually, which means your money could be returned if the name doesn't match.