Let’s be real—sending money home from the UAE is expensive. Between banks skimming off exchange rates and transfer fees that feel like robbery, it’s enough to make you want to stuff cash in an envelope and hop on a plane.
But here’s some good news: Aspora (formerly Vance) is shaking things up. Zero fees. Actual Google exchange rates (no sneaky markups). And a referral program that pays you for spreading the word.
I’ve been using it for months, and spoiler: It’s legit and becoming one of the top choices for Indian expats in the UAE in 2025. Here’s everything you need to know.
What is Aspora? (Formerly Vance)
Aspora is a money transfer app made just for NRIs in the UAE. It cuts out all the nonsense and enables fast and secure transfer of money to India with zero extra charges.
Key Features:
- ✅ Zero transfer fees (yes, really—I checked it)
- ✅ Google’s exchange rate (unlike banks that “adjust” rates in their favor)
- ✅ Instant transfers (my last transfer hit India within 1 hour)
- ✅ Easy-to-use mobile app
- ✅ Backed by Lulu Exchange
- ✅ No more hidden charges
- ✅ Secure and fully regulated
Aspora has positioned itself as a transparent and reliable alternative to traditional money transfer services.
What is the Aspora Referral Program?
Aspora “Refer & Earn” program rewards you when someone signs up with your referral code. You both will get rewarded.
For every successful referral, you both will get 50 AED. But you need to send at least 2500 AED to claim your each referral bonus. Which means if you have a 100 AED bonus, you cannot claim it in a single transfer. This can be availed on your next transfer of your 2500 or more.
Also, there’s a 5% cashback on your first transfer through the Aspora app. This offer is still live and you just need to send AED 5,000 or more to avail this special bonus from Aspora.
Aspora Promo Code to Receive 50 AED bonus:
Send money from UAE to India with ZERO fees using Aspora (formerly Vance) Use Aspora referral code: B3NZM0 to get 50 AED bonus on transfer. Get Google exchange rates & no hidden charges. Referral link- https://link.aspora.com/DYot/B3NZM0 ( Promo code Tested working in June 2025 in UAE)
F0VAH4
Aspora referral link to download App (August) : https://link.aspora.com/DYot/F0VAH4
How the Aspora Referral Program Works
Here’s a step-by-step overview of how the referral program functions:
1. Open the Aspora app
2. Click “Share Invite” and Copy your unique Aspora referral code or invitation link
3. Share it with friends, family, or through online channels like WhatsApp or SMS
4. When someone signs up and completes a transfer, both parties receive 50 AED as a reward
The app has tracking system, so your referral history will be easily identified inside the app.
Where to Find Your Aspora Promo Code
Finding the referral code is easy:
1. Open the Aspora mobile app
2. From the Homepage, tap on the “Invite and Earn” banner
3. Copy the referral link or invitation code
4. Share it via WhatsApp, Telegram, Facebook, or any social platform
Note: Your friend must send AED 5000 in total to receive referral bonus for both. But no hurry, they don’t need to send 5000 in a single transfer, you can transfer multiple times to reach this threshold.
Aspora vs TapTap Send vs Careem Pay – Live Rate Comparison
I also did a quick test to compare live exchange rates across different apps like Careem pay and taptap send, and here’s what I found at the time of checking:
| Platform | Exchange Rate (AED to INR) |
| Google Rate | 23.19 |
| Aspora | 23.19 |
| TapTap Send | 23.10 |
| Careem Pay | 23.08 |
Aspora gave the exact Google rate — no markup at all. Compared to other popular options like TapTap Send and Careem Pay, it clearly offered the best value for the same amount sent. Read full Careem Pay review here, the giving 40 AED bonus if you join through the referral link.
Aspora Money Transfer Review (2025)
Here is my honest experience and review on Aspora money transfer (previously Vance) in 2025. I personally tried Aspora a number of times to send money to India and honestly i was pretty impressed with the experience. The app mentioned the transfer would be completed within 24 hours, but all the times the money got credited way faster.
When I sent money to my Axis Bank account, it arrived in just about an hour. For my SBI account, it took around 2 to 3 hours, which is still very reasonable. I also tested transfers to both NRI and non-NRI accounts, and both worked smoothly without any issues.
The best part is, Aspora gave me the maximum exchange rate, exactly what you see on Google, and charged no extra fees. Everything felt transparent and efficient. I found this remittance app to be fast, reliable and with no hidden costs.
If you’re comparing apps, Careem Pay is another option you can check out. It’s built into the Careem app and also offers quick transfers. Read my full Careem Pay review here.
One Small Limitation: No Direct Receipt from App
Aspora doesn’t give you a transfer receipt directly inside the app. Yeah, it surprised me too.
If you ever need a receipt (like for your own records or to show the bank), you’ll have to email their customer support ([email protected]) and ask for it. Their team is available 24/7, and they’ll send you a proper PDF receipt — but you have to request it manually.
Unlike other remittance apps like Careem Pay, TapTap Send, or Botim, which automatically generate electronic tax invoices right inside the app — complete with all the important transaction details like:
- >>Sender and receiver name
- >>Amount transferred and date
- >>Transaction reference number
- >>Applied exchange rate
- >>Partner bank or exchange service used
Minor Bug – Status Doesn’t Update Immediately ( I experienced)
Aspora currently doesn’t offer that as an in-app feature. It’s a small drawback if you need official receipts regularly for documentation or tax purposes.
So here’s another small thing I noticed — even after the money actually lands in the bank, the app might still show “Transfer Initiated.”
Yeah, kinda weird. The transfer goes through fine, but the status just doesn’t update right away. Can be a little confusing if you’re waiting for that final “done” message.
Aspora has earned a 4.5/5 rating on Trustpilot, with users praising its fast transfers, zero fees, and competitive exchange rates—“My honest review: 10/10 as our money transfers to home country with no transfer fees or hidden charges”.
Industry reviewers highlight Aspora’s use of real Google rates and simple app design, though some users report occasional delays and customer support issues.
The app is fully licensed in major markets and is consistently rated highly on the Apple App Store for its smooth, hassle-free experience
How Aspora Compares to Other Remittance Apps
Here’s a quick look at how Aspora stacks up against popular competitors:
| Feature | Aspora | Wise | Remitly |
| Exchange Rate | Google Rate | Mid-market | Lower |
| Transfer Fee | AED 0 | AED 15+ | AED 10+ |
| Referral Program | ✔️ Yes | ❌ No | ✔️ Yes |
| App Experience | Smooth | Good | Moderate |
| UAE Integration | Lulu-backed | Not local | Limited |
Aspora clearly stands out for NRIs in the UAE, especially those who transfer money regularly and want to avoid paying for what should be a basic service.
Frequently Asked Questions About Aspora
Is Aspora money transfer safe in the UAE?
Aspora money transfer in the UAE is highly secure, using advanced 256-bit encryption and strict regulatory compliance. The service partners with Lulu International Exchange LLC (regulated by the Central Bank of the UAE) and collaborates with RBI-regulated banks in India, ensuring your transfers are protected and meet top financial standards.
Is there a limit to how many people can be referred?
As of now, there’s no publicly listed limit. Users can refer as many friends as they like and receive rewards for each eligible referral.
What rewards do I earn from successful referrals?
You and your friend will receive AED 50 when your friend completes a transfer of 5000 AED in total.
How long does it take to get the referral reward?
Typically, the reward is issued once the referred person completes their first successful transfer. Timelines may vary slightly depending on the ongoing promotion.
When is an Invite considered successful?
A successful referral is when your friend joins using your invite link, completes identity verification, and completes AED 5000 or more in transfer.
Can I download a receipt for my Aspora money transfer directly from the app?
No, Aspora currently does not offer in-app download of the transfer receipt. If you need a copy of your transaction receipt, you’ll need to email their customer support team, which is available 24/7. They’ll send you a PDF version of your receipt shortly after your request.
How to Sign Up and Start Referring
Getting started with Aspora is quick and easy:
1. Download the Aspora app from the Play Store or App Store
2. Complete a short verification process with a valid Emirates ID
3. Make your first transfer (with no fees)
4. Access your referral link (promo code) and start sharing
Aspora Referral Code: B3NZM0 , F0VAH4
Aspora Invite Link: https://bit.ly/AsporaUAE
Final Thoughts
Aspora has simplified the process of sending money from the UAE to India — no hidden fees, no poor exchange rates, and no complicated steps.
I’ve personally tried it, and my money was credited in just an hour in my State Bank of India account! I honestly loved the service, and I’d recommend it to anyone.
Plus, the referral program makes it easy to share the benefits with others while earning rewards. For Indian expats who transfer money frequently, Aspora isn’t just another app — it’s a smart financial choice.
