We offer three types of transfers for sending AED or SAR: the Low cost transfer, the Fast and easy transfer, and the Advanced transfer. You can save money by choosing the Low cost transfer.
Our Low cost transfer
This type of transfer is for customers who want the most from their money.
For most people, these transfers are a bit less easy to make. They’re also slightly slower to fund, because you need to send the money to Denarii Cash as a separate transaction.
You can do this using a manual bank transfer, or by using the money stored in your borderless account. Both these methods are inexpensive to process. On top of that, Denarii Cash doesn’t need to do extra work to speed up how quickly your money moves. As a result, we can offer Low cost transfers at a much cheaper price.
Our Fast and easy transfer
This type of transfer is the most convenient and stress-free way to send money abroad on Denarii Cash. It’s also faster to set up — you just need to type in your card details.
But processing these transactions is more expensive for businesses like Denarii Cash.
Firstly, with Fast and easy transfers, your money isn’t sent to Denarii Cash instantly. As a result, Denarii Cash needs to do extra work to speed it up — and that’s a costly thing to do.
Secondly, card transactions in the UAE or Saudi Arabia aren’t free. The cost of using a card is 2.6%. This is called an ‘interchange fee’, and it’s paid to your bank by Denarii Cash.
Thirdly, when you use your card - you get extra, behind the scenes support from Denarii Cash. This extra work keeps your money safe if you’re unlucky enough to have your card used fraudulently.
All these things make Fast and easy transfers more expensive. But this extra expense doesn’t make Denarii Cash any more profit — it simply covers the extra costs associated with this type of transfer.
Our Advanced transfer
This type of transfer is for sending money from a GBP bank account that is not in the UAE. Advanced transfers use the SWIFT payment network — and your bank will probably charge a fee for that. This makes them an expensive way to send money.
We’ll always strive for fair and transparent pricing
At Denarii Cash, we aim to charge you only for what you use. So if we priced all transfers the same, people choosing the low cost way would be covering other people’s costs. We don’t believe that’s fair.
So we offer Low cost and Fast and easy transfers at different prices. These different prices are shown transparently and upfront in our calculator.