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Transferring money from UAE to Canada

ocean18

Newbie
Nov 29, 2018
7
0
I am moving from Dubai to Canada in June, can someone please share their experience on how did they transfer money from UAE bank account (Emirates NBD) to Canada (what is the safest way)?, also I don't have any account in Canada. Can I transfer money in my relatives account in Toronto?
 

Catpaws14

Star Member
Sep 3, 2017
117
41
I am moving from Dubai to Canada in June, can someone please share their experience on how did they transfer money from UAE bank account (Emirates NBD) to Canada (what is the safest way)?, also I don't have any account in Canada. Can I transfer money in my relatives account in Toronto?
Up. Hi!

Were you able to transfer? How did you do it? Thanks!
 

mynkgarg

Member
Oct 13, 2017
15
1
I did a soft landing, opened a bank account with TD and started transfering money from ENBD using the online banking.
Hi,

i have a similar situation. Just wanted to check what fees were charged by ENBD and TD for the transfer and did you transfer in USD or CAD ? And is there a daily limit for the transfer amount?
 

uppperkut

Hero Member
Jan 28, 2017
924
222
Somewhere in ON
Hi,

i have a similar situation. Just wanted to check what fees were charged by ENBD and TD for the transfer and did you transfer in USD or CAD ? And is there a daily limit for the transfer amount?
I transferred USD only. Fees were around $50-75 for something like $50k. I don't remember the exact amount, but all I remember is that it was worth making a big transfer as fees were unchanged. I don't remember that there was a limit, but again I'm not talking about millions or anything lol.
 

canuckinla

Full Member
Jun 25, 2019
38
18
Los Angeles, CA
Category........
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I have personally used TransferWise. Their fees depend on the amount transferred but the exchange rate is far better than what banks offer.
 

Smallpaw

Newbie
Sep 23, 2018
2
0
I transferred USD only. Fees were around $50-75 for something like $50k. I don't remember the exact amount, but all I remember is that it was worth making a big transfer as fees were unchanged. I don't remember that there was a limit, but again I'm not talking about millions or anything lol.
How did you go about doing that ? Did you send the USD to a Canadian CAD TD account or did you open an Canadian USD TD account ? . I had
 

Smallpaw

Newbie
Sep 23, 2018
2
0
I have personally used TransferWise. Their fees depend on the amount transferred but the exchange rate is far better than what banks offer.
How did you manage that.when I checked on their website it does not let me do a AED to CAD transfer?please let me know at the earliest.thanks in advance