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
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Hi Guest, join in the discussion on 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
lj92
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
watson374
Qantas - Qantas Frequent Flyer
Member since 17 Aug 2012
Total posts 1,285
Local account sounds much better?
johnaboxall
johnaboxall
Virgin Australia - Velocity Rewards
Member since 24 Aug 2011
Total posts 384
Ask your new co-workers what they do.
Phil Young
Phil Young
Qantas
Member since 22 Oct 2012
Total posts 258
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.