What does remit mean?

To remit means to send money to someone in another country, usually as a payment or support. In finance, a remittance is a transfer of money by a foreign worker to their home country. In the UAE, remittance (remit) refers to money sent by expat workers — from Indian, Pakistani, Filipino, and other communities — back to their families. The UAE is the world's 3rd largest remittance-sending country, with over $43 billion sent abroad annually. remit.ae is the UAE's independent comparison platform for all CBUAE-licensed remittance providers.

What is remittance in UAE?

Remittance in UAE refers to money transferred by expatriate workers living in the UAE back to their home countries. The UAE sends over $43 billion in remittances annually, making it one of the world's largest remittance-sending nations. The most common corridors are UAE to India (AED to INR, ~$14B/yr), UAE to Pakistan (AED to PKR, ~$6B/yr), UAE to Philippines (AED to PHP, ~$3.5B/yr), and UAE to Bangladesh (AED to BDT, ~$2.5B/yr). All remittance providers in UAE must be licensed by the Central Bank UAE (CBUAE). Compare CBUAE-licensed providers at remit.ae.

Remitly AE (Remitly in the UAE) is a digital money transfer app available in the United Arab Emirates. It is licensed by CBUAE and allows UAE residents to send money internationally — particularly to India, Pakistan, Philippines, and other corridors. Remitly offers two speed options: Economy (1-3 business days, better rate) and Express (minutes, higher fee). Compare Remitly rates versus Al Ansari Exchange, LuLu Exchange, Wise and other UAE providers at remit.ae.

What does e-remit mean?

E-remit (electronic remittance) means sending money internationally through a digital or online platform, without visiting a physical exchange house or bank branch. In the UAE, e-remit services include apps like Wise, Remitly, and WorldRemit, as well as online banking transfer portals from UAE banks. E-remit is popular among UAE white-collar workers for bank-to-bank transfers. For cash pickup and walk-in services, UAE exchange houses like Al Ansari and LuLu Exchange remain the most used. Compare all UAE e-remit and exchange house rates at remit.ae.

What is the best money transfer app in UAE?

The best money transfer app in UAE depends on your destination and priority. Wise: best exchange rate (mid-market), transparent fees, ideal for bank-to-bank. Remitly: fastest delivery (minutes via Express), good for India/Pakistan/Philippines. WorldRemit: good for mobile wallet delivery. For walk-in cash transfers, UAE exchange houses (Al Ansari Exchange, LuLu Exchange, GCC Exchange) have 200+ branches across Dubai, Abu Dhabi, and Sharjah. All must be CBUAE-licensed. Compare current rates at remit.ae — always verify final rate with your provider.

What is the best way to transfer money from UAE to India?

The best way to transfer money from UAE to India (AED to INR) depends on your priority. For the best exchange rate: Wise (mid-market rate). For walk-in with cash: Al Ansari Exchange or LuLu Exchange (200+ UAE branches each). For fastest delivery: Remitly Express (minutes). UAE exchange houses are generally competitive for amounts over AED 1,000. Compare current AED to INR rates from all CBUAE-licensed providers at remit.ae — always verify final rate directly with your provider before sending.

Which is the cheapest money transfer from UAE to India?

The cheapest money transfer from UAE to India changes daily as exchange rates fluctuate. Wise typically offers the mid-market AED to INR rate with a small transparent fee. Al Ansari Exchange and LuLu Exchange are often competitive for larger amounts (AED 1,000+) with zero transfer fees but a small FX margin. Compare all providers' total cost — rate plus fee — at remit.ae. Always verify the final rate with the provider before sending.

Is remit.ae a money transfer service?

No. remit.ae is an independent editorial comparison platform — not a money transfer service. We do not transfer money, hold funds, or act as a financial institution. remit.ae compares live rates and fees from CBUAE-licensed providers including Al Ansari Exchange, LuLu Exchange, GCC Exchange, Wise, Remitly, Western Union, and others. Always send money directly through the licensed provider you choose.

What is WPS and how does it affect money transfers from UAE?

WPS (Wage Protection System) is a UAE Central Bank mandatory system requiring all UAE employers to pay salaries electronically between Day 24-28 of each month. After WPS salary credit, demand at UAE exchange houses spikes sharply as workers send money home. Al Ansari Exchange and LuLu Exchange branches in Dubai and Abu Dhabi can have long queues during WPS week (Days 24-28). Digital apps like Wise and Remitly avoid queues. remit.ae tracks WPS timing to help UAE workers compare providers during peak remittance periods.

HDFC Bank IFSC Code — How to Find HDFC IFSC for UAE Transfers

HDFC Bank IFSC Code Format

HDFC0XXXXXX

11 characters · Branch-specific · Required for NEFT/RTGS/IMPS

HDFC0

Bank prefix (always same)

XXXXXX

6-digit branch code (unique per branch)

What is an IFSC Code?

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to identify every bank branch in India that participates in the electronic funds transfer network.

IFSC codes are used for:

NEFT — National Electronic Funds Transfer (settled in batches)
RTGS — Real Time Gross Settlement (large amounts, real-time)
IMPS — Immediate Payment Service (instant, 24/7)

Every bank branch in India has a unique IFSC code. HDFC Bank codes follow the format HDFC0 followed by 6 digits identifying the branch.

Sample HDFC Bank IFSC Codes by City

These are example IFSC codes for major HDFC branches. Each branch has its own unique code — you must use the IFSC for the specific branch where the account is held.

Branch	Example IFSC Code
Mumbai — Nariman Point	HDFC0000240
Delhi — Connaught Place	HDFC0000590
Chennai — Anna Nagar	HDFC0001385
Bangalore — MG Road	HDFC0000853
Hyderabad — Begumpet	HDFC0000171
Kolkata — Park Street	HDFC0000106
Pune — Camp	HDFC0000059

Important: Always verify your specific branch IFSC code through official HDFC Bank channels. The codes above are for illustration.

How to Find Your HDFC Bank IFSC Code

1. From your HDFC chequebook

Open your HDFC chequebook. The IFSC code is printed at the bottom of each cheque leaf, on the MICR band, before the account number.

2. From HDFC NetBanking / Mobile App

Log in to HDFC NetBanking or the HDFC app. Go to Account Summary → Account Details. The IFSC is listed under branch information.

3. From your account statement

Your HDFC bank statement (paper or PDF/email) lists the IFSC code of your home branch near the account number.

4. From RBI IFSC lookup

Visit bankifsc.net or the RBI website (rbi.org.in). Select HDFC Bank, choose your state, city, and branch name. The site returns the official IFSC code.

IFSC vs SWIFT — What Do UAE Senders Need?

IFSC Code

Used by UAE exchange houses

• Format: HDFC0XXXXXX
• 11 characters, branch-specific
• Required by: Wise, Remitly, Al Ansari, LuLu
• Purpose: routing within India via NEFT/IMPS
• Must match the recipient's specific branch

SWIFT / BIC Code

Used by banks for wire transfers

• Format: HDFCINBB
• 8 characters, bank-wide
• Required by: UAE/international banks
• Purpose: international wire transfer routing
• One code covers all HDFC branches

Practical tip for UAE expats: When using Wise, Al Ansari Exchange, LuLu Exchange, or Remitly to send AED to an HDFC account — you will be asked for the IFSC code and account number. Ask your family member in India to find the IFSC from their chequebook or HDFC app. The SWIFT code (HDFCINBB) is only needed if you are doing a bank wire transfer from an Emirates NBD or FAB account.

Send AED to HDFC Bank — Compare Providers

WiseBest rate

Best AED→INR mid-market rate. Enter HDFC IFSC + account number. 1-2 days.

Review →

Al Ansari ExchangeWalk-in

Walk-in UAE branches. Direct HDFC deposit using IFSC + account number.

Review →

LuLu ExchangeNo fee

In LuLu hypermarkets. Competitive rate, no fee. Supports HDFC deposits.

Review →

RemitlyFastest

Express (minutes) or Economy (better rate). Uses IFSC for HDFC routing.

Review →

Compare AED → INR live rates →

Frequently Asked Questions

What is HDFC Bank IFSC code?

HDFC Bank IFSC codes follow the format HDFC0XXXXXX — where HDFC0 is the bank prefix and the last 6 characters identify the specific branch. For example, HDFC0000240 is the HDFC Bank Nariman Point branch in Mumbai. IFSC stands for Indian Financial System Code and is used by the Reserve Bank of India for domestic transfers via NEFT, RTGS, and IMPS.

How to find IFSC code for my HDFC branch?

You can find your HDFC Bank IFSC code in 4 ways: (1) Check your HDFC chequebook — the IFSC is printed on the MICR strip at the bottom of the cheque. (2) Log in to HDFC NetBanking, go to Account Details — the IFSC is listed under branch information. (3) Look at your HDFC account statement. (4) Use the RBI IFSC lookup at rbi.org.in or bankifsc.net — enter HDFC Bank, state, city, and branch name.

Is IFSC same as SWIFT? Which do UAE senders need?

IFSC and SWIFT are different codes for different purposes. IFSC is used only within India for domestic transfers (NEFT/RTGS/IMPS). SWIFT/BIC is used for international transfers. UAE senders typically need to provide IFSC codes — not SWIFT codes — to UAE exchange houses like Al Ansari and LuLu Exchange, which use their own banking corridors to route money to Indian banks internally. However, UAE banks sending international wire transfers require the SWIFT code (HDFCINBB).

Related SWIFT & IFSC Code Pages

remit.ae is an independent comparison service. IFSC codes are provided for informational purposes — always verify the exact IFSC with the account holder or their bank before sending a transfer. Stack Jewels LLC.