Tap Tap Send vs UAE Exchange (Unimoni)

Live fee, exchange rate and recipient amount comparison for USDINR. Pros, cons and licensing in one view.

Reviewed by Aayush Jain·Updated Aug 2026·Rates verified
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Zero-fee remittance to Africa, India, Pakistan, the Philippines and Latin America. Founded 2018 by Michael Faye and Fatimatou Ousmanou.

Live data unavailable.

Founded 2018
London, UK

Pros

  • Zero transfer fee on India, Nigeria, Mexico, Brazil and most major corridors
  • Send from UK, US, Canada, Australia, UAE, EU to 70+ destinations
  • Bank-grade regulation (FCA, FinCEN, FINTRAC) despite low cost

Cons

  • FX margin still applies even when fee is zero — compare recipient amount, not fee
  • Send limits are modest for new accounts
  • Customer support is chat-only
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Legacy UAE exchange house rebranded as Unimoni — 700+ locations globally with deep South Asian corridor expertise.

Live data unavailable.

Founded 1980
Abu Dhabi, UAE

Pros

  • 45+ years of operating history — one of the oldest exchange houses in the Gulf
  • 700+ locations globally, strong UAE branch network
  • Dual-licensed (CBUAE + RBI) for end-to-end AED→INR control

Cons

  • Rebranding to Unimoni caused some customer confusion
  • Corporate restructuring history (Finablr group issues)
  • Exchange rate margin wider than digital-first operators
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Side-by-side comparison

SpecTap Tap SendUAE Exchange (Unimoni)
Fee modelZero fee on key corridors, FX margin onlyLow/zero fee on key corridors, FX margin
HeadquartersLondon, UKAbu Dhabi, UAE
Founded20181980
StatusPrivate (FCA-authorised, billions in volume)Private (Unimoni — formerly UAE Exchange, rebranded 2019)
Live USD→INR fee
Live USD→INR rate
Recipient gets (USD 1,000)
Typical speed
Top corridorsUSD→NGN, GBP→NGN, USD→INRAED→INR, AED→PKR, AED→PHP

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