Page 164 - AAE PR REPORT - JULY 2025_Neat

• Known for fast and reliable transfers worldwide.

• Options for bank deposit, mobile wallet, and cash pickup.

• Higher fees for card payments; limits up to AED 18,500 per transaction.
Remitly

• Offers Economy (cheaper) and Express (faster) transfers.

• Fees range from AED 5 to 15, depending on urgency and destination.

• Monthly limits between AED 18,000 and 37,000 based on verification level.

Wise

• Transparent fee structure and real exchange rates.
• Supports multi-currency wallet and global money transfers.

• High monthly limits for verified users — up to AED 200,000.

Botim Pay & Careem Pay

• Integrated into their respective super apps.

• Enable direct international transfers from app wallets.
• Limits are typically up to AED 10,000 per transaction.

Denarii Cash

• UAE-based startup focused on the underbanked.

• Allows bill payments, mobile recharges, and transfers across Asia and Africa.

• Limits range from AED 3,000–5,000 per day.
Taptap Send

• Mobile-first platform with no visible fees (markup on exchange rate).

• Serves South Asia, Africa, and the Philippines.

• Transaction limit up to AED 37,000, with rolling caps applied.

https://gulfnews.com/living-in-uae/banking/how-to-send-money-without-a-bank-account-in-the-
uae-1.500183039