DU Money Transfer can be a good option if you live in the UAE and are looking for an easy and cheap way to send money abroad. Millions of people come to the United Arab Emirates to work and earn jobs, but they face a lot of difficulties in sending money. In such a situation DU has introduced its finance system which is a good step.
Report:
DU recently launched a money transfer service in more than 200 countries, part of its larger fintech push. DU has also confirmed this and said that soon all people will be able to get the benefits of this service.
A new service called DU Money Transfer allows users to send money around the world using their DU SIM cards or the app. Money transfers are made instantly and can be paid to the recipient as cash or deposited into a bank account.
The new service could benefit millions of people living in the UAE with family and friends worldwide. It will also be a convenience for those who send money abroad for business or other purposes. Users will be able to receive their debit cards linked with Du Pay digital wallet and they will be able to send and receive money using IBAN.
The launch of DU Money Transfer marks the growing competition in the UAE’s financial services sector. In recent months, several other telecommunications companies and fintech startups have launched their own money transfer services. This trend could help the UAE emerge as a major hub in the global financial system.
Key features of DU Money Transfer:
Transfer money to over 200 countries
Quick and safe transfer
Deposit in cash or bank account
Competitive prices
Easy access via DU SIM card or app
Withdraw using Debit card
Get an Account IBAN for sending and receiving money
To use DU Money Transfer, you have to do the following steps:
Download the DU Money Transfer app or visit your DU website.
Create a new account or log in to your existing DU account.
Click on “Send Money”.
Select the destination country, recipient information and the transfer amount.
Select a payment method and enter your payment information.
Click “Send”.
After the funds are transferred, you will receive a confirmation email or SMS.
Some important points about DU Money Transfer:
DU Money Transfer is only available for DU customers while DU has said that it will be available to people on all networks.
The minimum transfer amount is AED 50.
The maximum transfer amount is AED 100,000.
Transfer fees vary depending on the destination country.
Money transfers are usually received within a few hours.
You can contact customer service if you have any questions about DU Money Transfer.
