The term “relocation” sounds unusual in the world of money transfers, but in practice, it is one of the simplest and most convenient ways to transfer funds between countries. This option is especially common on the Kyiv-Dubai route, where hryvnias in Ukraine are exchanged for dirhams in the UAE.
The essence of the exchange is that money is transferred in one country, and the equivalent amount in another currency is issued in another. In our case, the client transfers hryvnias in Kyiv, and their partner or representative receives dirhams in Dubai. Essentially, this is a cash exchange through a network of intermediaries, which takes minimal time and eliminates bank transfers.
The process is quite simple. First, the terms of the transaction are agreed upon: the amount, exchange rate, and transfer format. Then, the client transfers hryvnias in Kyiv, and the partner in Dubai issues the dirhams in cash within a few hours. The issue can take place either at the exchange partner’s office or in person. This makes the systеm fast and convenient, even for those new to such transfers.
The popularity of the exchange method lies in its combination of speed, accessibility, and flexibility. Money becomes available in the Emirates virtually the same day, there’s no need to open bank accounts or gather documents, and the exchange rate is often better than at banks or traditional exchange offices. This method is suitable for both large transactions, such as purchasing real estate or paying rent in Dubai, and for personal transfers, such as helping loved ones or transferring personal savings.
Thus, converting hryvnias to dirhams on the Kyiv-Dubai route is a simple, reliable, and time-tested method of transferring funds. It is actively used by investors, entrepreneurs, and individuals who want to receive money in the Emirates quickly and without unnecessary complications.
