Travel Banking in UAE Hi I am going shortly to dubai for 2 months to work to determine whether to move there, I will be being paid in AED and I am wondering what people think wo

3 replies

lj92

Qantas - Qantas Frequent Flyer

Member since 29 Jan 2013

Total posts 7

Travel Banking in UAE

Hi I am going shortly to dubai for 2 months to work to determine whether to move there, I will be being paid in AED and I am wondering what people think would be the best way to access my money over there? Should I set up a local account or get the money paid in to my australian account and then put the money onto a travel visa? This would involve having the money converted twice and the fees associated with that. Anyone have any suggestions?

watson374

Qantas - Qantas Frequent Flyer

Member since 17 Aug 2012

Total posts 1,285

Local account sounds much better?

johnaboxall

Virgin Australia - Velocity Rewards

Member since 24 Aug 2011

Total posts 384

Ask your new co-workers what they do. 

Phil Young

Qantas

Member since 22 Oct 2012

Total posts 193

If you get paid in AED to your Australian bank account you'll be charged a fee for each deposit, depending on your bank, and your employer might also be charged a fee.

Check on the requirements for opening a bank account in the UAE, for the requirements can be fairly onerous in some countries.

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