^FAQ Frequently Asked Questions (FAQ)

No, this transaction will be treated as a retail purchase / e-commerce transaction for up to 55 days where no interest in charged on the amount utilized.

No, ReadyMoney can only be used to convert and send money internationally – to other banks outside the UAE and through India Online.

Free banking applies to transfers made with ‘SHARED’ mode of charges. AED 100 would be applied for money transfer made with charges marked ‘OUR’.

Zero processing fees.

A maximum amount of up to 25% of the total Credit Card limit, subject to availability of credit balance can be sent out as an international money transfer.

Example: If you have a Credit Card with a limit of AED 20,000 and available limit of AED 10,000 you will be able to transfer a maximum of AED 5,000 in one or more transactions in a particular month.

Yes, this transaction would be treated as a retail transaction and will be available for easy payment plans subject to payment of applicable fees and charges.

No, these transactions are not eligible for any cash-back or loyalty points for the amount spent on card towards the transfer.