Best way to regularly transfer €5,000+ from AED to EU bank without losing a fortune on the exchange rates?
Looking for opinions/experiences from people who regularly transfer larger amounts from the UAE to Europe.
For €1,000 or so, I wouldn’t mind a slightly worse exchange rate. But when transferring €5,000+ at a time, the difference starts becoming significant.
UAE bank exchange rates seem pretty bad, so I’ve been looking at exchange houses instead. The rates seem better, but I’m hesitant about sending a larger amount through one. I’ve also seen quite a few reviews mentioning transfers being delayed or taking much longer than expected.
For those who regularly transfer €5k, €10k+ etc. from AED to a EUR account, what do you actually use?
Bank transfer? Exchange house? Wise is not receiving in aed unfortunately.
Main priorities are a good AED/EUR rate, reliability and knowing the money isn’t going to disappear into the void for weeks 😂
Would love recommendations based on actual experience.