Top Ways To Remit Money To Palestine From UAE
Money transfer from UAE to Palestine is significant due to the large Palestine expat community in the UAE. The most popular options include debit cards, credit cards, direct bank transfers, and direct debit transfers. Each of these methods takes a different time and transaction charges for money transfer. So while you send money to Palestine it is essential to consider factors such as urgency and the budget for the transaction.
For instance, credit or debit card transfers with the help of money exchange services offer quick transfers with convenient transaction platforms. Meanwhile, direct bank transfers using internet banking or mobile apps offer more secure transactions. However such remittances may take a few days to process the transaction.
It is worth mentioning that the choice of a money exchange service will help to simplify the choice between these options. The following sections delve into detail on the top services and the top ways offered by them to sent money to Palestine from UAE.
1. Global Exchange
The advantage of Global Exchange is that they are flexible with all the four options mentioned above. Moreover, they have a real-time monitoring system that tracks the best possible channel for remittance to Palestine before making the transaction. This is entirely based on the requirement of the customers for the speed of remittance and transaction charges. Another bright side that makes Global Exchange the most feasible channel to send money to Palestine is their competitive transaction charges. A transparent deal also stays clear of hidden charges.
2. Western Union
This established money transfer service is reliable with a vast network of agents and online transfer options. They offer to send money to Palestine using credit or debit cards. With cash pick-up options or direct transfer of money to the receiver's bank account, it is one of the convenient channels to remit money to Palestine. However, since the fees and exchange rates vary it is recommended to compare rates before making a transaction.
3. Xoom
Here we have a service by Paypal that facilitates remittances to Palestine through its online platforms or mobile apps. It provides options for cash pickup, direct transfer to bank accounts and mobile reloads making cash transfer a convenient affair. Additionally, it makes it easy to track the status of money transfers adding to the peace of mind of the sender.
4. Bank Transfers
This is a traditional way where individuals directly approach the banks to send money to Palestine. Nowadays it has gone beyond the requirement for direct bank visits to internet banking and mobile banking apps.
This is considered a safer channel for cash transfer. However, their transaction costs are pretty much on the higher side compared to money exchange service providers like Global Exchange. Moreover, it takes a couple of days for processing before the money gets credited. So it is better to understand the transaction charges, compare them, and weigh your preferences before opting for this remittance pathway.
Here we discussed the top reliable channels for sending money to Palestine from the UAE. It includes reliable money exchange giants like Global Exchange and Western Union, Mobile Application Platforms like Xoom, and the traditional method of bank transfer. The choice is yours. These insights without doubt help you to make an informed decision.
Global Exchange stands out amongst these options owing to the exceptional blend of cost-effective transaction rates, reliable money transfer, and transparent money exchange deals. Do visit our shop to explore your options further.
