Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from India to the UAE:

How To Send Money From India to the UAE

You'll have two main options if you send money from India to the UAE. One will be to go through your bank (which we don't recommend because of the high fees). Another option will be to use an international money transfer service.

Option 1: Transfer Apps

There's no two ways about it. Using an online international money transfer service is the fastest and cheapest way to transfer money from India to the United Arab Emirates. A few top online transfer platforms offer INR to AED transfers include:

• WISE
• Remitout

In general, money transfer services are the best way to send money abroad not only because they're the cheapest, but also because they're usually the fastest and easiest to use options out there.

Compare money transfer services with Monito's comparison engine.

Option 2: Banks

Using your bank — whether it be Kotak Mahindra Bank, ICICI Bank, or any other — is indeed a reliable option for sending money from your bank account to a bank account in the UAE. However, it's very expensive and transfers usually take a long time to arrive (between two and five business days). This is because bank transfers go over SWIFT, which involves many steps along the way.

In fact, sending money with Indian banks can be around 10%+ more expensive than making the same transfer with a top money transfer service online. It's for this reason that we generally don't recommend banks to get the job done.

Option 3: Google Pay

A lot of people wonder whether or not they can use Google Pay to send money from India to the UAE. Unfortunately, it's not yet possible to send money this way at this time, as Google Pay only supports international money transfers from the UAE.

Most Convenient Ways to Send Money From India to the UAE

A dozen other parameters influence the price of sending money to the UAE. To find the most convenient method to transfer money to the UAE, check out Monito’s live comparison tool with dozens of services to find the cheapest or fastest one for you.

Conversely, the most expensive solutions almost always include hidden exchange rate margin fees:

• banks,
• cash-based money transfers,
• mobile payments apps like Paypal.

Their fees depend on various factors:

• Pay-in options: Credit card, bank transfer, cash payment, etc.
• Amount transferred: The cheapest operator will not necessarily be the same for a transfer of ₹5,000 and a transfer of ₹50,000.
• Transfer speed: Does the money have to be available instantly, or can a beneficiary wait a few days?
• Pay-out options: Will the money arrive in your beneficiary's bank account, or will they receive it in cash?