Dahabshiil review
3.6Est. 1970
Dahabshiil is the largest money transfer company in the Horn of Africa, serving the Somali diaspora and East African corridors with an extensive agent network.
Countries
40+
Currencies
15+
Speed
Minutes to same day
Fees
Varies by corridor ($3-$10 typical)
Dahabshiil overview
Founded in 1970 and based in Dubai, UAE / London, UK, Dahabshiil is a digital remittance app. Dahabshiil's regulators: FCA, Central Bank of UAE.
Across the 18 corridors we track for Dahabshiil, its median rate sits 0.86% from mid-market — compare that with the 1% - 4% above mid-market it publishes.
Pros
- Unmatched reach in Somalia and Horn of Africa
- 50+ years of operation
- Trusted by Somali diaspora worldwide
Cons
- Limited corridors outside Africa/Middle East
- Exchange rates less competitive than digital-first providers
- Less modern app experience
Dahabshiil features
Extensive agent network
Cash pickup in remote areas
Mobile money
Dahabshiil transfer details
HeadquartersDubai, UAE / London, UK
RegulatedYes
RegulatorsFCA, Central Bank of UAE
Min Transfer$10
Max Transfer$10,000
Payment MethodsBank Transfer, Cash, Debit Card
Delivery MethodsCash Pickup, Bank Deposit, Mobile Money
Exchange Rate Markup1% - 4% above mid-market
Published by Dahabshiil. Not measured by us; Dahabshiil’s limits and methods vary by country.
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