Send money from Canada to a Bank Saderat Iran account in UAE

Bank Saderat Iran, UAE

Bank Saderat Iran (BSI) is an Abu Dhabi-based bank. According to the UAE Central Bank, Bank Saderat Iran is located near Al Işn, which has eight branches in the UAE and is the fourth largest foreign bank in terms of assets. The bank has also increased its project finance business, and is currently participating in the construction of a new steel mill in Abu Dhabi. It's also helping to fund a new plant in the Ajman Free Zone.

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How to Send Money to Bank Saderat Iran in UAE?

Sending money to Bank Saderat Iran accounts in UAE is easy with Remitbee. It just takes six easy steps.

  • Create a Remitbee account for free. This is simple and free, and it provides you with a private Remitbee Wallet and a secure account in our system.

  • Provide us about yourself, including your full name, address, and job title. Verify your email address and phone number. Tell us where you want your money to be sent. We'll require the recipient's bank account information, including the bank name and account number. You can also choose whether the money will be picked up or deposited directly into the recipient's account.

  • Check the CAD/UAE Dirham exchange rate. Once you've found a satisfactory CAD to UAE Dirham exchange rate, enter the amount you wish to send, choose your payment method, and confirm your transaction. The exchange rates fluctuate on a daily basis, but the costs for each payment method are clearly defined.

  • Track your money. You've completed all of your tasks at this moment! We'll transfer your money; all you have to do now is keep an eye on it in the Remitbee app to see when it arrives in UAE.

  • Anyone who sends money to their family in UAE via the internet is a hero. Our job is to assist in providing a service worthy of a hero.

What are the benefits of sending directly to Bank Saderat Iran?

Here are just a handful of the many advantages of using Remitbee to send money to Bank Saderat Iran UAE.

  • It's an entirely online experience! There's no need to leave the house or go to the bank. Secure account-to-account transfers are free for transfers of $500 or more! Money is received in days!

What information you’ll need to complete the transfer

Here is the information you'll need to complete your Remitbee transfer. Transfer to a bank account by wire transfer

Name of the recipient — Double-check that the name on the account you're transferring matches the name on your bank statements. This will prevent delays in your transfer.

  • Address – We'll need the address of the branch to which you're sending money so we can deliver it to the recipient's city.
  • The name of the UAE bank to which you are sending money is the bank name. Account Number – This ensures that it reaches the account of the intended recipient.

How Remitbee calculates the CAD to UAE Dirham Exchange Rate

We monitor prices on a daily basis to bring you the most competitive UAE Dirham exchange rates available. When you use the Interact or debit card payment methods, there are minimal costs; however, you can utilize the Remitbee Wallet without paying any fees at any time. Any fees are clearly stated in the application or on the website before you send your transfer.

Send money to all major Banks in UAE

How international money transfers work?

The SWIFT network is used for international wire transfers. Before the transfer is approved, instructions are transmitted from the sender's bank to the recipient's bank, and any fees are charged. One of the banks will determine the CAD to UAE Dirham conversion rate, and the funds will be transferred between accounts.

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Frequently Asked Questions

Yes you can. As long as it’s from Canada, it doesn't matter if it’s from Surrey, Vancouver, Toronto, or Brampton, Remitbee has you covered for all your remittance needs.

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

The transfers typically take between 1 and 2 days, but some transfers happen instantly.

If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.

Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:

  • Interac Online - $2.99
  • E-transfer - Free
  • Bill Payment - Free
  • Electronic funds Transfer - Free
  • Visa or Mastercard Debit - $2.99+

The maximum amount of money you can send in UAE Dirham is dependent on your account’s verification level.

  • The minimal Verification Level 1 allows you to send only 50 CAD daily, and up to 500 CAD monthly.
  • We recommend Verification of Level 2. It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.
  • For users who need to transfer larger amounts of money we also have a good option – Verification Level 3. It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits.

Remember, verification is a one-time process. Once you have been verified, there is no need to provide any other documents.

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