What's the best way to manage foreign exchange transaction fees when running a business from the UAE

💰 Running a business in the UAE? Here’s how to stop foreign currency fees eating into your profits.

If you’ve moved your operations to the UAE, you’ll know that managing multiple currencies isn’t as straightforward as using Wise or Revolut like before. Those platforms don’t work here.

Some entrepreneurs keep their overseas company open just to access those tools — and if the costs stack up and tax risks are managed, that can work.
But if you’ve fully shifted to the UAE, you’ll need alternatives.

✅ Two options we recommend: Payoneer and Currenxie — both allow you to hold and transfer funds in multiple currencies, helping cut down fees and improve cash flow.

And remember:
If you mostly deal in USD or AED, UAE banks are fine since the exchange rate is fixed.

But if you’re handling EUR, AUD, GBP or others, every transaction can chip away at your bottom line.

That’s why it’s essential to have a proper foreign currency strategy in place.
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Disclaimer: This content is for educational purposes only and is not personalised tax, accounting, or financial advice. Always speak to a qualified adviser about your specific circumstances before making decisions.