Page 105 - AAE PR REPORT - OCTOBER 2025

10/24/25, 9:37 AM Taptap Send down: Other remittance apps you can use
Al Ansari Exchange – Send Money - One of the UAE’s oldest and most trusted remittance
brands with more than 260 branches across the country. Its app complements its branch network
by offering instant bank transfers and cash pickups in multiple countries, including India, the
Philippines, and Pakistan.

Aspora (Vance) - Vance focuses on low-cost, instant transfers to India with live exchange rates,
a transparent fee model, and a clean, user-friendly interface. It also provides 24/7 customer
support.
Xe Currency & Money Transfers - Best known for its live currency-rate tracker, Xe also

offers secure international transfers through its mobile app. It provides transparent exchange
rates, transfer tracking, and support for over 130 currencies across 190 countries.
Payit – Shop, Send & Receive - A fully digital wallet by First Abu Dhabi Bank (FAB) that
supports local and international payments. Users can send money instantly to India, shop online,
and receive payments with zero maintenance fees.

Hubpay - Hubpay enables quick remittances to India, Pakistan, and the Philippines with
competitive exchange rates and no hidden fees.
Botim - Originally a popular UAE video-calling app, Botim now offers integrated fintech
services, including domestic and international money transfers in partnership with financial

institutions.
Careem Pay - A payment arm of Careem that enables peer-to-peer transfers, bill payments, and
international remittances within its broader ride-hailing and delivery ecosystem.
Lulu Money - A subsidiary of Lulu Financial Holdings, Lulu Money operates across the GCC
with a wide network of exchange houses.

Things to watch

When choosing a remittance app, it’s essential to look beyond the headline fee. A low service charge may be
offset by a less favourable exchange rate, so always compare the total cost, including the margin. It also helps

to check the preferred payout method for the recipient in India, whether that’s a direct bank deposit, mobile
wallet, or cash pickup, as each option can affect both speed and cost.

Before transferring, users should confirm eligibility requirements since some platforms operate only for UAE

residents or require verified local bank accounts and identity checks. Large transfers may also be subject to
reporting rules or tax implications in both the UAE and India, so it’s worth being aware of those limits.

Finally, remitters should stay alert to changes in the local banking environment, as several UAE banks are
currently revising their fee structures and policies for international transfers.

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