AED Exchange rates

Dozza · #1 (**permalink**) 6th September 2010, 04:05 PM

Folks

What exchange rates are you getting on UK Sterling in Dubai?

HIFX are are transfering the larger amount October time, but im wanting to have some cash to live off, etc, until our UAE bank accounts are opened.

Looking to exchange approx £6000.

Was thinking I may get a better rate on cash exchanges over the counter when in country

Your thoughts?

Craig

Elphaba · #2 (**permalink**) 7th September 2010, 10:27 AM

That's just about enough to get you commercial/wholesale rates on transfer with no fees. Rates will be far better than via your own bank or over the counter.

Take at look at this blog entry for info:

Want to save money when making currency transfers? | Financialuae's Blog
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JudyM · #3 (**permalink**) 7th September 2010, 06:42 PM

HIFX should really do this for you as good customer service! We spend our time between France and UAE, and we use First Rate FX for our ad hoc transfers, as they have no minimum amount - and they have a rep in Dubai

Elphaba · #4 (**permalink**) 8th September 2010, 07:11 AM

Quote:

Originally Posted by JudyM

HIFX should really do this for you as good customer service! We spend our time between France and UAE, and we use First Rate FX for our ad hoc transfers, as they have no minimum amount - and they have a rep in Dubai

Like I said, better rates available elsewhere....

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