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Buying a property in Dubai: the best solutions for your bank transfers in AED

Guillaume Giroux on November 15, 2021

The question of the means of payment and the associated fees comes up very regularly in our discussions with our customers. Indeed, if some French banks offer very efficient solutions, some are much less so. That's why Dubai Immo has decided to present you on this page Wise, which offers a solution that allows you to make your transfers directly in AED and benefit from an optimal exchange rate and reduced fees.

Wise.com, the best solution for bank transfers to Dubai

If your French bank does not offer you to make the transfer in AED, it may be wise to open an account on Wise in a few minutes in order to make the transfer. For real estate purchases in Dubai, payments must be made in AED and Wise.com allows you to simulate in a few seconds how much the transfer will cost you. No hidden fees and no nasty surprises. It is also possible to pay your transfer directly by credit card, within the limits of the amounts authorized by your bank and by Wise. Click here to go to Wise

Which are the best French banks to make bank transfers in Dubai?

From our experience, the banks with which it is easiest to make EDA transfers are BNP Paribas and Société Générale. You can directly select the currency you want to transfer in from your mobile app or the bank's website. The online bank Revolut is also very efficient for transfers abroad and the fees are again very low.

What if I can't make the transfer myself?

You will have to contact your bank and specify that you want the transfer to be made in AED and not in euros, so that the bank in Dubai does not charge exchange fees which can be expensive. If you have any doubts, your Dubai Immo professional real estate agent will assist you in this process. We are used to and know the processes in all French banks. We also have other solutions that allow you to make your transfers at a lower cost.

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