Mashreq's remittance product is called Quick Remit, and it has one quirk worth knowing before you open the app: it only sends money in the recipient's *home currency* — you can't use it to send USD to a UK account, say, only GBP. Once you know that, it's a straightforward way to send from Mashreq Online or the Mashreq Mobile app, covering more than 30 countries. Here's how it works, what it costs, and when a different route beats it.
What Quick Remit is, and the home-currency rule
Quick Remit is Mashreq's dedicated transfer service, separate from an ordinary SWIFT wire, and it's built into Mashreq Online, Mashreq Mobile, and the bank's Gold and NEO banking tiers. It reaches 30+ countries, but always pays out in that country's own currency — the recipient gets rupees, pesos, or pounds, not whatever currency you happened to send in.
That's a deliberate design choice, not a limitation to work around: it keeps the pricing simple and avoids a second, hidden conversion at the receiving end.
How to send with Quick Remit
- In Mashreq Online or Mashreq Mobile, open Money Transfer → Quick Remit.
- Select Add beneficiary, enter their details, and confirm the addition with the OTP sent to your registered mobile number.
- Choose the amount, review the rate and fee shown, and confirm. Funds are typically credited to the beneficiary's account within one working day.
Receiving into a Mashreq account from abroad instead? The sender needs Mashreq's SWIFT code, BOMLAEAD — our page shows where it goes.
Fees and what "no hidden charges" actually means
Mashreq's own materials are specific here: Quick Remit charges one flat fee per transaction, with no correspondent-bank deductions along the way and nothing taken from the amount the recipient sees. That's a genuinely useful guarantee — the number shown at checkout is what the transfer costs, not a floor.
Mashreq has also run zero-fee promotions on India and Pakistan corridors from time to time; treat any such offer as time-limited and confirm it's still live in the app rather than assuming it applies. And a flat fee never covers the whole picture — the exchange-rate margin is the other half:
Judge Quick Remit, like any bank transfer, on the amount that actually lands — fee and rate together.
Quick Remit vs an exchange house or app
Quick Remit's no-deduction guarantee and one-working-day speed make it a solid bank option, but exchange houses and apps still compete hard on the big corridors. Licensed exchange houses like Al Ansari and LuLu, and apps like Wise, frequently pass on a stronger rate — and unlike Quick Remit, they're not limited to your recipient's home currency.
Compare the amount received in our live tool, or on a route page like AED to INR and AED to PKR. Moving money between UAE banks instead? See the bank-to-bank transfer guide. For the full picture, see the complete guide to international transfers from the UAE.
Transferring with a different bank?
Every UAE bank runs its transfer service a little differently. See how it compares: ADCB, Emirates NBD DirectRemit, RAKBank, or the digital-first Wio Bank.