What We Do
We exchange currencies and make international payments simple.
We save you time and money by offering the best rates, zero commission and no fees. Online and anytime, 24/7.
How It Works
See how easy it is by viewing our 45 second demo.
What's New
Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro and US dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Exchange UAE Dirhams (AED)
The currency of Dubai is the United Arab Emirates Dirham or UAE Dirham for short. The currency has been in circulation since 1971 and is freely traded. i.e. It is possible to exchange Dubai Dirhams for other currencies and make money transfers into and out of Dubai without restriction.
Live Dirham Currency Quote
Real rates, no surprises. Don't be fooled by currency converters on other sites. They give you non-tradable rates just to get your attention. Use the tool below to get a real exchange rate from FTT.
Transferring Money into Dubai
Transferring money into Dubai is an easy and seamless process. However, Fridays and Saturdays are the weekend in Dubai so most financial institutions in the region are closed on these days. For this reason, we advise our customers to allow extra time for the funds to arrive in Dubai. Note that FTT Currency is open 24x7.
You can use your bank to transfer the funds to Dubai but this method is likely to be very expensive. Most banks are unwilling to quote you a dealable exchange rate over the telephone. Expect to be told that you will get the 'Rate of the day' when you transfer your funds. Typically, the bank will charge between 1.5% and 4% of the amount transferred. They will also charge you for making an international payment.
Transferring Money out of Dubai
Transferring money out of Dubai is straight forward but there are a few catches to be aware of. Fridays and Saturdays are the weekend in Dubai which means that most financial institutions are closed on these days. For this reason, we advise our customers to allow extra time for their funds to leave Dubai and arrive in their desination account. Note that FTT Currency is open 24x7.
You must always specify to your Dubai bank to send the funds in Dirhams. If you do not do this they will automatically convert the Dirhams into another currency, often at a poor exchange rate.
Why FTT Currency for Dirham Payments?
FTT Currency are experts in transferring Dirhams. FTT Currency is open for business 24x7 which means that we open and transacting during the entire UAE working week including Sundays. We save you up to 90% of the
cost of transferring Dirhams and save you time because everything is online.
In a few minutes you can send your first payment. Your funds are processed
through protected client accounts at Barclays Bank and are fully insured against
fraud or negligence by Hiscox Plc.
You simply open an account, book a transfer and send your money (e.g. Pounds) to the FTT Currency segregated client accounts held at Barclays Bank.
Latest UAE Dirham News
Defensive mood benefits dollar (source: FT)
The US currency was given a boost this week after investors became a little more uncertain about the prospects for economy following Thursday's US jobs report (source: FT)
Index suggests return to anaemic growth (source: FT)
The UK's service sector grew for the second month in a row in June, according to a survey of business activity, allthough the speed of recovery appeared to ease (source: FT)
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Overview: US jobs data lead equities lower (source: FT)
Global markets began the second half of the year nervously after signs that the economic recovery, which many were predicting to be around the corner, may yet be some way off (source: FT)
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Currencies: Dollar edges higher in thin trade ahead of holiday (source: Market Watch)
Dollar edges higher against its major counterparts Friday. (source: Market Watch)
Overview: US jobs data sideline risky investments (source: FT)
Investors recoiled from more daring assets after a sharp drop in US employment set back hopes for a quick revival of the world's largest economy (source: FT)
China to allow renminbi trade payments (source: FT)
Beijing moves towards reducing reliance on the US dollar with new rules that will enable importers and exporters to settle their payments to select Chinese companies in renminbi (source: FT)
ECB puts pressure on banks (source: FT)
Eurozone official interest rates were left unchanged at 1 per cent by the European Central Bank as policymakers await signs of the region's economic recovery gaining momentum (source: FT)
Currencies: U.S. dollar up after June jobs data disappoint (source: Market Watch)
Disappointing U.S. jobs data spark moves in the foreign-exchange market, with the dollar losing ground against the Japanese yen but trading higher against the euro. (source: Market Watch)
Overview: Upbeat data fuel risk appetite (source: FT)
Global risk appetite gathered steam as the second half of the trading year began and investors digested manufacturing reports from the major economies (source: FT)
Currencies: Dollar slips versus euro as equities rise (source: Market Watch)
The dollar loses ground to the euro but gains versus the yen as equity markets move higher and amid mixed economic data out of the U.S. (source: Market Watch)
Currencies: Dollar gains, heads for quarterly loss (source: Market Watch)
Investors bid the dollar higher as they assess a trio of economic reports on home prices, manufacturing and consumer confidence. The greenback has lost about 6% versus its rivals this quarter. (source: Market Watch)
Euro Headed Below 1.55 (source: AME)
- Dollar Rally Set to Continue - British Pound Falls as UK Consumers Cut Back (source: AME)
The ECB Has Room to Raise Interest Rates?! (source: AME)
- Dollar Rallies on Strong Data, but Watch Out for a Big Week - Is the UK Headed for a Recession? (source: AME)
Euro Extends Losses on Disappointing Data (source: AME)
- US Dollar: The Best of the Worst? - Euro Extends Losses on Disappointing Data - British Pound Gets Killed by Retail Sales (source: AME)
Will the US Dollar Continue to Rally? (source: AME)
- New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut - Will the US Dollar Continue to Rally? - Euro Could Come Under Further Pressure on German IFO Report (source: AME)
Data show conditions easing (source: FT)
The UK economy staged a sharp recovery in the second quarter of this year and may have returned to anaemic growth, new figures suggest (source: FT)