AED
د.إ
United Arab Emirates Dirham
Official currency of United Arab Emirates
ISO Country Code
AE
Decimal Places
2 / 4
Subunit
fils
Payment Methods Available
Payment Options
Available payment methods and requirements
Choose the right payment method for your needs
Priority Payment
Fast processing with priority serviceM | SWIFT |
|---|---|
Cut-off Time (UK) | 13:30 |
D | Next Day |
M | 30 AED |
M | No limit |
D | Any (excluding sanctioned) |
Trace | Available |
Recall | Available |
Ultimate Payer Displayed | Available |
Required Fields
Field requirements for this payment methodRecipient Name
Recipient Address
Recipient City
Recipient Bank Code
BIC/SWIFT
IBAN
Payment Purpose Code
Currency Holidays
Currency settlements pause on public or bank holidays.
Currency Holiday Calendar
Official non-business days for this currency- Sep
5
2025Prophet's Birthday
4 days agoFriday, September 5, 2025
- Dec
2
2025National Day
In 84 daysTuesday, December 2, 2025
Account Format
Standards for account numbers and IBAN
Account Format & Structure
Standardised format for financial accounts with this currencyFormat Standards
| Format Type | Structure Pattern |
|---|---|
BBAN Basic Bank Account Number | BBBB-YYYYYYYYYY |
IBAN International Bank Account Number | AEKK BBBC CCCC CCCC CCCC CCC Format Key LegendK:IBAN check digits B:National bank code C:Account number |
Example Accounts
| Account Type | Example Format |
|---|---|
B Bank Code | 0331 |
A Account Number | 1234567890123456 |
B BBAN | 0331-1234567890123456 |
I IBAN | AE0703311234567890123456 |
Always double-check account formats before initiating payments to ensure successful transactions.
Additional Notes
Important information and special considerations
Special Considerations
Important notes and requirements for AED paymentsPlease review these important notes before processing payments in AED
1
AED is pegged to the USD at a fixed rate of 1 USD = 3.6725 AED.2
IBAN is mandatory for SWIFT payments; local payments use BBAN and valid UAEFTS codes.3
SWIFT messages must use permitted characters: letters, numbers, spaces, and symbols / – ? : ( ) . , ‘ +4
Non-supported characters will be transformed to EBCDIC equivalent or removed on a best endeavors basis in order to comply with the restrictions of the Swift payment network. The permitted characters on the Swift network are letters, numbers, spaces and the following symbols: / – ? : ( ) . , ‘ +
For more information about payment requirements for AED, contact your account manager or refer to the latest regulations.
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