finpeel Answers · UAE · updated 2026-08-14
Yes, if your company itself provides a regulated domestic or cross-border funds-transfer service onshore. Funds transfer is within the CBUAE retail-payments perimeter, while traditional exchange-house/remittance models can also engage the CBUAE exchange-business framework.
The exact route depends on who receives the customer instruction, who handles the money and how the transfer is executed. A software or distribution partner is not automatically the regulated remittance provider.
Cross-border products should also map foreign-exchange, correspondent and partner roles rather than assuming one payment licence covers every remittance function.
Regulator: Central Bank of the UAE (CBUAE)
Primary sources: CBUAE — Retail Payment Services and Card Schemes Regulation
Directional — not legal advice. Verify with the regulator before committing.