Receive Money from UAE

Receive Money from UAE

Peanut is working on integrating UAEFTS for instant transfers in the UAE. We do not have an exact launch date. Sign up to get notified. You can already deposit and withdraw digital dollars via supported networks.

Peanut will integrate with **UAEFTS**, the Central Bank of the UAE's real-time fund transfer system. This covers all UAE-licensed banks — Emirates NBD, FAB, ADCB, Mashreq, and more. As the UAE's Instant Payment Platform (IPP) expands, Peanut will follow.

Sign up at [peanut.me](https://peanut.me/invite?code=SQUIRRELINVITESYOU&utm_medium=content&utm_source=countries&utm_campaign=united-arab-emirates&utm_content=faq) to be notified. Create your account now and use network deposits. Your account will unlock UAEFTS when the UAE goes live.

No. Peanut will accept passport verification from any country. You will not need an Emirates ID, a residence visa, or a UAE bank account to send money. This makes Peanut accessible to new expats, business travelers, and tourists.

The UAE dirham is pegged to the US dollar at 3.6725 AED per USD. Since your Peanut balance is held in digital dollars, the conversion to AED is highly predictable. You know almost exactly what your money will be worth when you convert — unlike volatile currencies where timing matters significantly.

Yes. The UAE's massive expatriate population makes it one of Peanut's focus markets. When UAEFTS integration launches, you will be able to deposit dirhams or digital dollars and send money to anyone, anywhere — at the market rate, with no fees. This will be particularly valuable for the India-UAE and Pakistan-UAE corridors, where traditional services charge 1-3% in markups.