AEDA UAE dirham account for your business
Your own AED account details, so customers and partners pay you like a local. Hold AED alongside 29 other currencies and USDC and USDT, and convert between them.
Updated October 2026
Yes. ElementPay issues dedicated AED accounts to verified businesses, one account per currency. You can receive, hold and convert UAE dirhams, and use the balance to fund payouts in 20 African countries.
What you can do with AED.
Receive
Share your AED account details on invoices. Payments arrive in your ElementPay balance.
Hold
Keep AED on the same balance sheet as your other currencies and stablecoins.
Convert
Exchange AED to any of 29 currencies or USDC and USDT at a quote locked before you confirm.
Pay out
Fund payouts to mobile money and banks in 20 African countries.
About AED accounts.
Can a business outside United Arab Emirates open a AED account with ElementPay?
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Yes, subject to business verification. ElementPay issues AED accounts, one per currency, to verified businesses so they can receive and pay in UAE dirhams.
What can I do with a AED account?
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Receive AED from customers and partners with your own account details, hold the balance, convert to any of 29 other currencies or to USDC and USDT, and pay out to mobile money and banks in 20 African countries.
How fast are conversions from AED?
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Conversions settle at a quote shown before you confirm. Large tickets can be quoted by the OTC desk.
Can I convert AED to USDC or USDT?
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Yes. AED balances convert to and from USDC and USDT on the same balance sheet.
Other account currencies.
USD
EUR
GBP
ZAR
CAD
NGN
GHS
KES
TZS
AUD
NZD
JPY
CNY
HKD
ILS
MXN
SEK
CHF
NOK
DKK
SGD
KRW
THB
HUF
PLN
RON
CZK
XOF
XAF