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Schedule Of Charges

Schedule Of Charges

Charges Overview.

Sr. No Product Charges (AED)
1 Foreign Exchange FREE
2 Remittance (Home Remittance using our direct bank correspondents to India, Philippines, Bangladesh, Nepal, Srilanka, etc..)
  • Charges from Min. 5 to Max. 20 AED + VAT
  • Charges from Min. 5 to Max. 50 AED + VAT
3 Corporate Remittance
  • Upfront / Al Dhahery Money Exchange charge - min. 5 to max.50 AED + VAT
  • Backend charges - Based on the correspondent bank charges / service provider charges, which is detailed below.

Al Dhahery Money Exchange (Licensed by Central Bank of UAE)

Sr. No Product Name Charge Details
1 BPI (Bank of the Philippine Islands)
  • Charges from Min. 5 to Max. 20 AED + VAT.
  • Backend charges
    • All Backend Charges are paid by customer at the receiving end.
    • Any bank account credit – 100 PESO.
    • Cash Pick-up – Anywhere – 125 PESO.
    • Cash Pick-up – Specific any agent – 125 PESO.
    • Cash Pick-up – Cebuana – 140 PESO.
    • Cash Pick-up – M Lhuillier – 120 PESO.
2 Kotak Mahindra Bank
  • Charges from Min. 5 to Max. 20 AED + VAT.
  • Backend charges – Paid by Al Dhahery Money Exchange.
  • Backend charges – Paid by Al Dhahery Money Exchange.
3 Indusind Bank
  • Charges from Min. 5 to Max. 20 AED + VAT.
  • Backend charges – Paid by Al Dhahery Money Exchange.
4 Instant Cash – Global Money Transfer.
  • Charges differ from country to country, and service to service.
  • Based on slab also the charges changes.
  • Charges are fixed by Instant Cash – a money service provider.
  • Counter staff can assist you to understand the charges in detail.
5 UBL Bank Ltd
  • Send money to Pakistan.
  • Less than (AED 370) i.e 100 USD charge will be 16 AED plus VAT.
  • Above (AED 370) i.e 100 USD charge is FREE.
6 ABC Bank
  • Send money to Uganda and Kenya in bank account and wallets. Backend charges paid by Al Dhahery Money Exchange.
  • Charges from Min. 5 to Max. 20 AED + VAT.
7
  • NIUM
    • Facilitates B2B, B2C, P2P remittance services.
  • Charges in UAE – Min. 5 to Max. 45 AED + VAT.
  • Backend Charges – Minimum 40$ (It is based on the correspondent bank charges.)
  • Rates are volatile and differ from time to time, based on the global markets fluctuation.
  • Payment Trace Requests: USD $25.00 per transaction, plus any applicable bank charges.
  • Returns: USD $10.00 per return, plus any applicable bank charges.
  • Cancellations: USD $25.00 per request.
  • Recalls: USD $50.00 per request, plus any applicable bank charges.
8
  • MBME Pay
    • Facilitates Bill / Utility Payments.
  • Charge:- 5 AED + VAT.
  • Other backend charges as per MBME Fee schedules.
9
  • Convera
    • Facilitates B2B, B2C, P2P remittance services.
  • Backend Charges – Minimum 40$ (It is based on the correspondent bank charges.)
  • Rates are volatile and differ from time to time, based on the global markets fluctuation.
  • Payment Trace Requests: USD $25.00 per transaction, plus any applicable bank charges.
  • Returns:USD $10.00 per return, plus any applicable bank charges.
  • Cancellations: USD $25.00 per request.
  • Recalls: USD $50.00 per request, plus any applicable bank charges.
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