It takes 1-2 working days for most payments sent from the UAE to the UK to arrive. You can make your payment online or, if you prefer, send money over the phone with the assistance of one of our experienced currency dealers. You also have the option of tracking your payments both online and over the phone.

You will not be charged transfer fees when you make an international payment via your online Moneycorp account. You’ll also enjoy a great exchange rate, in addition to a wide range of foreign exchange tools that are designed to help you get the most out of your money. You can use our forward contracts, for example, to secure a fixed exchange rate for international payments that you intend on making in the future.

Please note that you will incur fees, however, if you decide to automate your recurring payments with a Regular Payment Plan.

You will need to provide us with the following information to make a payment from a bank account in the United Arab Emirates to a UK bank account:

• The recipient’s full name
• The recipient’s UK address
• The recipient’s phone number
• The receiving bank’s Bank Identifier Code (BIC) / SWIFT code
• The recipient’s International Bank Account Number (IBAN)

Every UK bank account has an IBAN, or International Bank Account Number. This enables foreign banks to make international payments to the correct bank account.

In the UK, IBANs consist of 22 characters. These codes are made up of the ISO country code (GB), the check digits, the bank code (four characters), branch code (a six-digit sort code) and bank account number (eight digits).

Example of a UK IBAN in print format:

GB 29 NWBK 6024 0854 4073 29

Read our guides for further information regarding IBANs and BIC/SWIFT codes.

There is a £100,000 upper limit for personal transfers made through our online platform. Transfers made over the phone, however, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone if you wish to make a larger payments from the UAE to the UK.