Sending money outside of the UAE

Here are some tips on how to do it, and what to pay attention to when comparing your options.

Here are some of the most popular methods for sending money internationally:

The method you choose will depend on a range of factors.

While one service might offer a great exchange rate, it might also have higher fees or be less secure than others. 

Try weighing up the pros and cons of different options with some of the questions listed below.

Explore: Our Global Money Account

Here's a list of key things to think about when deciding which method to use:

If you're an expat living in the UAE, you may also require a different service for sending money to your UAE accounts from your home country or region. If this is the case, you might want to choose a service that facilitates payments both to and from the UAE.

Our Global View and Global Transfers service allows you to link all your global HSBC accounts together through your mobile app. You can manage them under one login, and instantly transfer money between accounts with no fees.

Explore: Global View and Global Transfers

While there are plenty of legitimate money transfer services available, it always pays to be cautious when transferring money.

Before you use a company's services, check their relevant licenses and read some reviews. And make sure to always get a receipt when you're transferring money.

If you're sending money with HSBC via online banking, you'll need to verify any new beneficiaries with your Secure Key.

This helps protect you from financial crime and sending money to the wrong person. It's always important to carefully double check all the payment details for your recipient, and make sure you're speaking to who you think you are. If you've been communicating via a messaging app, try to phone them or have a video call with them to be absolutely sure their request is genuine.

Explore: Global security with HSBC

The exact details you need will depend on the country you're sending money to and the service you choose. However, here's a list of the common requirements:

Explore: Inward money transfers to the UAE

As well as transferring money overseas, you can also spend money outside of the UAE with the following:

Check your bank's charges and any exchange rates you'll be paying before you decide which method to use - some credit and debit cards aren't designed to be used overseas.

Explore: Should you pay in the local currency when abroad?