Planning · Phase 2

Remittance True-Cost

"Zero fees" rarely means free — most providers hide their cut in a worse exchange rate, so the no-fee option can leave your family with less. The only honest comparison is how much actually lands. Put in the rate and fee each provider quotes you today, and see who really wins.

Destination
ProviderThey receiveReal cost
App (e.g. Wise/Botim)BestINR 113,000AED 22 · 0.4%
Exchange houseINR 112,163AED 59 · 1.2%
Bank transferINR 109,890AED 159 · 3.2%
Watch out

Same AED 5,000 sent, but your family receives INR 3,110 more through App (e.g. Wise/Botim) than through the worst option here. Over a year of monthly transfers, that gap compounds into real money — always compare the amount received, never the fee.

Basis: Live provider rates aren't publicly available, so enter the rate and fee each provider quotes you (apps and exchange houses show this before you confirm). The "real cost" is fee plus the margin versus the mid-market rate. Rates move constantly — refresh the mid-market figure each time. Education, not financial advice.

Mizanek — honest money guidance for the UAE.

Mizanek is an educational tool, not financial advice. Calculations use UAE-specific rules and typical figures you can adjust — they are illustrative, not a quote or recommendation. Always confirm with your bank and a licensed advisor before acting. Regulatory basis drawn from the Central Bank of the UAE (CBUAE), Ministry of Finance (MOF), and Securities & Commodities Authority (SCA).

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