Send Money to UAE from India

What each bank charges to send AED to UAE

Line items reflect the bank's published fee schedule. GST at 18% is charged on commission (and on Swift / correspondent charges where the bank explicitly applies it).

How to send money to UAE from India

1. Get the beneficiary's bank details. Full name and address as held by their bank, bank name and address in UAE, plus the IBAN and SWIFT/BIC code.
2. Pick the purpose code and fill Form A2. The A2 form is the LRS declaration; the most common codes for UAE are S1301 (gift), S0305 (maintenance of relative), S0301 (business travel). Your PAN is mandatory and the bank checks your LRS usage for the financial year against the USD 250,000 cap.
3. Check TCS before you send. Above ₹10 lakh in a financial year most non-education purposes attract 20% TCS, collected by the bank and claimable in your ITR; education and medical purposes have lower rates. The calculator on this page applies it when you enter your year-to-date LRS amount.
4. Choose the channel. HDFC, ICICI, Kotak and Axis accept outward remittance in AED through NetBanking or their apps; SBI routes select currencies through YONO and the rest through a branch; IOB is branch-led. Branch channels usually cost more — the bank pages list the difference.
5. Decide who pays the SWIFT and correspondent charges. OUR means you pay them upfront in rupees and the beneficiary gets the full amount; SHA and BEN shift them downstream, where they are deducted from what arrives. SBI's Payee, Remitter and Guaranteed modes are the same choice under different names.
6. The bank applies the TT Selling rate and its charges. Your INR is converted at the bank's published TT Selling rate for AED at the moment of debit, then commission, SWIFT / correspondent charges and 18% GST are added — exactly the lines shown above.
7. Track it and expect 1–3 working days. Ask the bank for the SWIFT reference (UETR) so the beneficiary's bank can trace the payment. The UAE is 1.5 hours behind IST and works Monday–Friday; AED wires usually credit the same or the next working day.

LRS cap: USD 250,000 per resident per financial year (across all corridors combined). TCS at 20% applies above ₹10 lakh per year for most non-education purposes and is claimable in your ITR.

Sending to UAE: what's different

The UAE corridor runs both ways: outward for family maintenance, property payments and business travel, while the far larger inward flow is Gulf salaries sent home to India.

On the receiving side

• 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.

About AED

The dirham is pegged to the US dollar at AED 3.6725 per USD, so AED/INR moves only with USD/INR — the difference between banks is purely their margin. SBI's AED-denominated table entries (branch commission AED 25, correspondent AED 15 in Remitter mode) make it costlier per transfer than its USD lines.

Timing

The UAE is 1.5 hours behind IST and works Monday–Friday; AED wires usually credit the same or the next working day.

FAQ — Sending money to UAE from India