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Hawil حوّل

Send Money. Save More.

UAE's first remittance with Google rate exchange and Nuqta rewards. Zero markup on currency. 0.5% flat fee. Earn coins on every transfer.

A Nuqta Group Company
$50B
annually
UAE Remittance
$100M
volume
Target Year 1
2,500
AED
Avg Transfer
0.5%
only
Our Fee
The Core Promise

Google Rate + 0.5% Fee + Nuqta Coins

0%
FX Markup
0.5%
Fee Only

What Hawil Controls

Cross-border remittance engine
Exchange rate optimization
Corridor management (GCC to Asia/Africa)
Compliance screening (sanctions, AML)
Beneficiary management
Transfer tracking & notifications
Agent network management
Remittance analytics

Does NOT Own

User identity / KYC \u2192 Managed by Rabtul Core
Payment rails \u2192 Managed by NuqtaPay / banking partners
AML/CFT policy \u2192 Managed by Amana
Government licensing \u2192 Managed by Khedma / CBUAE
Insurance \u2192 Managed by Daman
Marketing \u2192 Managed by Adzy
Customer support app \u2192 Managed by Nuqta
Community referrals \u2192 Managed by Majlis

Executive Summary

Hawil (حوّل - "transfer" in Arabic) is a remittance and currency exchange platform that offers the Google/mid-market exchange rate with zero markup. As a Nuqta Group sister company, users earn Nuqta coins on every transfer and can use the Nuqta ecosystem for funding and emergency BNPL via Qist.

How It Works

Step 1
Fund
Add AED from bank or Nuqta wallet
Step 2
Convert
Get Google rate (0% markup)
Step 3
Send
Instant transfer to family
Step 4
Earn
Get Nuqta coins as reward

The Hawil Difference: Google Rate

When you send money with Hawil, you get the exact Google/mid-market rate - the same rate you see when you search "AED to INR" on Google. No markup. No hidden fees.

How Others Work

Google Rate (AED to INR)22.50
Exchange House Rate21.80 (-3.1%)
Bank Rate21.50 (-4.4%)
Hidden Loss on 10,000 AED310-440 AED

How Hawil Works

Google Rate (AED to INR)22.50
Hawil Rate22.50 (same!)
Transfer Fee (0.5%)50 AED
Total Cost on 10,000 AED50 AED only!
Save up to 90% vs traditional remittance

For Senders

Google Rate Exchange

Buy Nuqta coins at exact Google/mid-market rate. Zero markup.

0.5% Transfer Fee

Flat 0.5% fee. No hidden charges. Save up to 90% vs banks.

Earn While Sending

Get Nuqta coins on every transfer. More you send, more you earn.

Instant Transfers

Money arrives in minutes, not days. 24/7 availability.

For Receivers

Best Rate Guaranteed

Family receives at Google rate. No deductions.

Instant Arrival

Money in bank account within minutes.

Multiple Options

Bank deposit, mobile wallet, or cash pickup.

Bonus Rewards

Receivers can join Nuqta and earn coins too.

Corporate Structure

Parent CompanyNuqta Group
Entity NameHawil Exchange LLC
Ownership100% owned by Nuqta Group
License TypeMoney Exchange / Remittance
RegulatorCentral Bank of UAE (CBUAE)
IntegrationNuqta+ Partner