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How to save on remittance fees in the UAE: Expert

tips for expats without bank accounts

Expats are skipping banks and using apps to send money home quickly and affordably
Last updated: July 02, 2025 | 16:07

Zainab Husain, Features Writer

4 MIN READ

Many UAE expats are discovering affordable and reliable remittance apps that help them send
money home faster, with lower fees and better exchange rates than traditional banks.Shutterstock

Dubai: Sending money home is a regular part of life for many expats in the UAE. But with rising bank
fees and hidden charges, transferring even small amounts can get expensive, especially for those
without access to traditional bank accounts.

That’s why more low-income and underbanked expats are turning to digital wallets and remittance
apps. These platforms often offer better exchange rates, lower fees, and faster transfers compared
to banks or exchange houses. Fintech experts and financial coaches say these apps are not only
more affordable, but also more user-friendly and secure.

Here's how to choose the right one and avoid paying more than you need to.

Why bank-free remittance options matter

https://gulfnews.com/living-in-uae/banking/how-to-save-on-remittance-fees-in-the-uae-expert-
tips-for-expats-without-bank-accounts-1.500184441