Hi,
I did 3 property investments in Dubai so far and I tried many different ways to get my EURO Money to Dubai. But unfortunately I had to recognize that each position is taking a lot of money away, here some examples:
Example 1:
Sending Euro Money from Europe to Dubai UAE Account > Bank is taking 3-5 % for currency Exchange and other fees
Example 2:
Sending Euro Money from Europe to Dubai EURO Account > Here the Bank takes 3% for incoming money and then when I make a transfer between my accounts (EUR > AED) the bank is taking another 3% for currency exchange and other fees
Example 3:
Using a Company named "Currency Direct", they take around 2% and the Bank in Dubai another 0,5-1%
My question is now: How do you do the payments? Which way did you chose? Maybe there are other options which I am not aware of...
I am all in all very unhappy, because currency becomes weaker every day and on top of it banks are ripping me off... By the way, I have to tell you that I am GOLD CUSTOMER and therefore entiteld for "special conditions"
Waiting for your replies!
Thank You very much