Getting the best deal on your remittances from the UAE

Jul 07, 2020, 03:00 AM
Sending money to family members in your home country is something many UAE residents do on a regular basis. But as the world struggles with the effects of Covid-19 and some people have lost jobs or experienced a salary cut, actually having the money to transfer is an issue in itself.

With so many of us now focused on keeping costs down, what is the best way to transfer money from the UAE? How do you compare the options available? And how do you negotiate the best rates?

Host Alice Haine, the personal finance editor at The National, is joined by Jean Claude Farah, the president of Western Union’s Global Network.