HDFC Bank · India → UAE
HDFC Bank to UAE: what it actually costs to send AED from India
At ₹1,00,000, HDFC Bank charges ₹1,360 — the 4th-cheapest of 6 banks for AED. ICICI Bank is ₹295 cheaper.
Last updated 9 Oct 2026
Fee breakdown
- Commission ₹1,000
- GST Commission ₹180
- GST Exchange ₹180
- Total at ₹1,00,000₹1,360
AED rate trend at HDFC Bank
Today HDFC Bank sells AED at ₹27.1300 (TT Selling) and buys it at ₹25.4900 (TT Buying). The selling rate is +0.1300 (+0.48%) since 2 Oct and +0.4700 (+1.76%) since 1 Sep.
- 30-day TT Selling range: ₹26.8400 – ₹27.1500 across 15 refreshes.
- ₹1,00,000 bought between 3683.24 and 3725.78 AED over that window, before charges.
What's specific to AED at HDFC Bank
HDFC Bank's fee lines don't vary by destination currency — the breakdown above applies to every corridor it supports; only the exchange rate changes.
Receiving in UAE
- UAE accounts use a 23-character IBAN starting with AE; the SWIFT/BIC code routes the wire. Central Bank rules mean a wire without a valid IBAN is returned.
- There is no income tax on the receiving side, and many UAE banks do not charge for incoming international transfers into personal accounts — though a correspondent deduction can still appear unless you choose the OUR charge option so an intermediary bank cannot take its fee out of the credited amount.
- For property or school payments the payee usually needs the purpose stated on the wire; the purpose code you pick on the A2 form travels with the SWIFT message.
The UAE is 1.5 hours behind IST and works Monday–Friday; AED wires usually credit the same or the next working day.
How this compares
ICICI Bank is ₹295 cheaper than HDFC Bank for sending AED to UAE.
See the full side-by-side →HDFC Bank — Things to know
Applies to:Sending money abroad through HDFC as a Resident Individual, online or at a branch. You're charged at the T.T. Selling rate live at the moment of debit.
- Card-rate cap. Card rates apply up to ₹20 lakh equivalent; above that, your Relationship Manager can often negotiate a better rate.↗
- GST is charged twice. You pay 18% GST on the commission, plus a separate slab GST on the amount converted (₹45 minimum, ₹10,800 cap).↗
- The 'Self' option adds a hidden cost. At checkout you pick who pays the correspondent bank: 'Self' bills it to you in INR after the transfer (an extra we can't show — HDFC lists no fixed amount), 'Beneficiary' takes it from the recipient, 'Full Value' waives it. Our total covers HDFC's commission + GST only.↗
- TCS on large transfers. For general purposes, 20% TCS applies on LRS spending above ₹10 lakh in a financial year — you claim it back as a tax credit when you file your ITR.↗
- Split to stay in the lower tier. Keep each transfer at or below $500 equivalent to pay the ₹500 commission instead of ₹1,000.↗
▸Show 3 more notes
Other things to know
- Fees aren't refundable. Once charged, HDFC's commission and fees aren't refunded unless stated otherwise.↗
Other ways to save
- Lock the rate at the last moment. HDFC updates rates through the day, so refresh right before you confirm — the live card rate is what you'll get.↗
- Full Value for an exact amount. Need the recipient to get an exact figure? HDFC's Full Value facility absorbs the correspondent fee (USD online; EUR/GBP branch-only). HDFC advertised a 100% waiver until 30 Sep 2026 and hasn't updated the page since — check what Full Value costs at checkout.↗
FAQ — HDFC Bank to UAE
What is HDFC Bank's AED rate today?
₹27.1300 per AED is HDFC Bank's TT Selling rate today — the rate applied when you send — and ₹25.4900 is its TT Buying rate for money you receive. The selling rate is +0.1300 (+0.48%) since 2 Oct. The full sheet with a 90-day chart is on the HDFC Bank forex rates page.
How much does HDFC Bank charge to send AED to UAE?
On a ₹1,00,000 outward remittance, HDFC Bank's all-in cost today is ₹1,360 — commission, SWIFT / correspondent charges and 18% GST included, computed at the bank's own TT Selling rate for AED. The fee breakdown above shows every line item.
Is HDFC Bank the cheapest bank to send AED to UAE?
No — ICICI Bank is currently ₹295 cheaper than HDFC Bank for AED to UAE at ₹1,00,000. HDFC Bank ranks 4th of 6 banks in our coverage for this corridor.
How long does a HDFC Bank transfer to UAE take?
A standard SWIFT / TT outward remittance from HDFC Bank to a beneficiary in UAE typically settles in 1–3 working days, depending on correspondent-bank routing.
What do I need to send money to UAE with HDFC Bank?
You'll need PAN, a signed A2 form (LRS declaration) with a purpose code, the beneficiary's bank details in UAE, and proof of source of funds for larger amounts. TCS at 20% applies above ₹10 lakh per financial year for most non-education purposes and is claimable in your ITR.
Run your own numbers
TRANSFER
You pay in INR; recipient receives USD.
Used to determine if this transfer crosses the ₹10L TCS threshold.
Best deal: Indian Overseas Bank. You save ₹3,948.89 vs the most expensive.
TT Selling rate from Indian Overseas Bank's published forex sheet — edit to model a quoted rate.
BREAKDOWN
Outward remittance
Amount being sent $1,000.00 × ₹96.89 | ₹96,890.00 |
| Outward Remittance Commission (0.075%) | ₹250.00 |
| Swift Payment Message | ₹500.00 |
| GST on Commission + Swift (18%) | ₹135.00 |
| GST on Amount Exchanged | ₹174.40 |
| Total charges | ₹1,059.40 |
| Total payable (INR) | ₹97,949.40 |
- Amount being sent
- ₹96,890.00
- Outward Remittance Commission (0.075%)
- ₹250.00
- Swift Payment Message
- ₹500.00
- GST on Commission + Swift (18%)
- ₹135.00
- GST on Amount Exchanged
- ₹174.40
- Total charges
- ₹1,059.40
$1,000.00 × ₹96.89
Total payable (INR)
₹97,949.40
Indian Overseas Bank
₹97,949.40
Cheapest
TT Selling rate from Indian Overseas Bank's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹96.89
- ₹96,890.00
- Outward Remittance Commission (0.075%)
- ₹250.00
- Swift Payment Message
- ₹500.00
- GST on Commission + Swift (18%)
- ₹135.00
- GST on Amount Exchanged
- ₹174.40
- Total charges
- ₹1,059.40
- Total payable (INR)
- ₹97,949.40
State Bank of India
₹98,282.54
+₹333.14 vs cheapest
TT Selling rate from State Bank of India's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹97.05
- ₹97,050.00
- Branch Commission
- ₹970.50
- Correspondent Bank Charge (Remitter mode)
- ₹87.35
- GST on Amount Exchanged
- ₹174.69
- Total charges
- ₹1,232.54
- Total payable (INR)
- ₹98,282.54
ICICI Bank
₹99,466.60
+₹1,517.20 vs cheapest
TT Selling rate from ICICI Bank's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹98.11
- ₹98,110.00
- Outward Remittance Commission
- ₹1,000.00
- GST on Commission (18%)
- ₹180.00
- GST on Amount Exchanged
- ₹176.60
- Total charges
- ₹1,356.60
- Total payable (INR)
- ₹99,466.60
Kotak Mahindra Bank
₹99,697.01
+₹1,747.61 vs cheapest
TT Selling rate from Kotak Mahindra Bank's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹98.34
- ₹98,340.00
- Outward Remittance Commission (Online)
- ₹500.00
- Correspondent Bank Charge
- ₹500.00
- GST on Commission + Correspondent (18%)
- ₹180.00
- GST on Amount Exchanged
- ₹177.01
- Total charges
- ₹1,357.01
- Total payable (INR)
- ₹99,697.01
HDFC Bank
₹99,707.03
+₹1,757.63 vs cheapest
TT Selling rate from HDFC Bank's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹98.35
- ₹98,350.00
- Outward Remittance Commission
- ₹1,000.00
- GST on Commission (18%)
- ₹180.00
- GST on Amount Exchanged
- ₹177.03
- Total charges
- ₹1,357.03
- Total payable (INR)
- ₹99,707.03
Axis Bank
₹1,01,898.29
+₹3,948.89 vs cheapest
TT Selling rate from Axis Bank's published forex sheet — edit to model a quoted rate.
- Amount being sent$1,000.00 × ₹98.45
- ₹98,450.00
- Remittance Commission
- ₹1,000.00
- Correspondent Bank Charge (OUR)
- ₹1,772.10
- GST on Commission + Correspondent (18%)
- ₹498.98
- GST on Amount Exchanged
- ₹177.21
- Total charges
- ₹3,448.29
- Total payable (INR)
- ₹1,01,898.29
TCS is refundable when you file your ITR — it's a tax credit, not a fee.
Want the full picture?
- HDFC Bank Bank: all remittance charges — every corridor HDFC Bank supports, side by side
- Send money to UAE from India — all 6 banks compared for AED