List of Forex Exchange Companies in UAE

Written by Deepak in UAE Tips Last Updated 05/03/2015

Forex Exchange Companies in UAE

Exchange companies are an integral part of UAE Economy. Most of us being expatriates here, money exchange companies play a vital role in transferring remittances from UAE to the destination countries. In the UAE there are more than 130 registered money exchange companies as per UAE Central Bank. Billions of amount of currencies are remitted from UAE to other countries and Exchange houses play very important role in this.

dubai-exchange-companies

Besides handling money exchange/foreign exchange transactions, the exchange companies in UAE also handle payments such as Credit Card payments, Utility Bill payment, WPS Processing, Etisalat/Du payments and many other related payments.

Exchange companies also are employment generators. There are regular requirements for Cashiers/Tellers, Officers to handle front office, Treasury handling officers and many other roles. It is a good opportunity for job seekers to apply directly at the exchange companies for vacancies available. 

The reason for this post is to cover the list of money exchange companies in UAE.

Below is the list of UAE Exchange Companies/ Forex Exchange companies

Sl NoMoney Exchange CompaniesWebsite
1Abdul Latif Exchange LLC.No
2Ahmed Al Amery Exchange Co.No
3Ahmed Al Hussain Exchange Est.No
4Ain Al Faydah Exchange Al AinNo
5Al Ahalia Money Exchange BureauWebsiteOpens in a new tab.
6Al Amal Expres Exchange DuabiNo
7Al Ansari Exchange L.LC.WebsiteOpens in a new tab.
8Al Azhar ExchangeNo
9Al Bader ExchangeWebsiteOpens in a new tab.
10Al Buloushi Exchange Al AinNo
11Al Dahab ExchangeWebsiteOpens in a new tab.
12Al Darmaki Exchange Est.No
13Al Dhafra Exchange (P.S.C)WebsiteOpens in a new tab.
14Al Falah Exchange CompanyWebsiteOpens in a new tab.
15Al Fardan ExchangeWebsiteOpens in a new tab.
16Al Fuad ExchangeWebsiteOpens in a new tab.
17Al Gergawi Exchange LLC.WebsiteOpens in a new tab.
18Al Ghurair ExchangeWebsiteOpens in a new tab.
19Al Ghurair International ExchangeWebsiteOpens in a new tab.
20Al Hadha ExchangeNo
21Al Hamed ExchangeNo
22Al Hamriyah ExchangeNo
23Al Jaber ExchangeNo
24Al Jarwan Money Exchange SharjahNo
25Al Jazira AexchangeNo
26Al Masood ExchangeNo
27Al Mazroui Exchange EstNo
28Al Modawallah ExchangeNo
29Al Mona Exchange Co. LLC.No
30Al Muqren ExchangeNo
31Al Mussabah ExchangeNo
32Al Nafees Exchange LLC.No
33Al Nahdi ExchangeWebsiteOpens in a new tab.
34Al Nebal Intl. ExchangeNo
35Al Neel Exchange SharjahWebsiteOpens in a new tab.
36Al Ne'emah Exchange Co. LLCNo
37Al Noor ExchangeNo
38Al Rajihi Exchange Company LLC.
No
39Al Rasheed ExchangeNo
40Al Rayyan ExchangeNo
41Al Razouki Int'l Exchange Co. LLC.WebsiteOpens in a new tab.
42Al Rostamani Int. ExchangeWebsiteOpens in a new tab.
43Al Salam Exchange CentreWebsiteOpens in a new tab.
44Al Shorafa ExchangeNo
45Al Zari & Al Fardan Exchange LLCNo
46Al Zarooni ExchangeWebsiteOpens in a new tab.
47Alfa ExchangeWebsiteOpens in a new tab.
48Ameen ExchangeWebsiteOpens in a new tab.
49Arab Link Money Transfer P.S.C.WebsiteOpens in a new tab.
50Arabian Exchange CoNo
51Atlantis ExchangeNo
52Aziz Exchange Co. LLC.No
53Baniyas ExchangeNo
54Belhasa Global ExchangeNo
55BGW International ExchangeNo
56Bhagwandas Jethanand and SonsNo
57Bin Bakheet Exchange Est.No
58Bin Belaila Exchange Co.LLC.WebsiteOpens in a new tab.
59Capital ExchangeNo
60Cash Express Exchange Est.No
61Central ExchangeNo
62City Exchange LLC.WebsiteOpens in a new tab.
63Cosmos ExchangeWebsiteOpens in a new tab.
64Daniba International Exchange LLC
WebsiteOpens in a new tab.
65Day Exchange LLC.WebsiteOpens in a new tab.
66Delma ExchangeWebsiteOpens in a new tab.
67Desert ExchangeNo
68Dinar ExchangeWebsiteOpens in a new tab.
69Dirham Exchange Co.No
70Economic exchange CentreWebsiteOpens in a new tab.
71Emirates & East India Exchange SharjahNo
72Emirates India International ExchangeWebsiteOpens in a new tab.
73Exchange Centre LLC.No
74Express ExchangeNo
75Expert ExchangeNo
76Federal ExchangeWebsiteOpens in a new tab.
77First Gulf Exchange CentreNo
78Future Exchange LLCNo
79GCC ExchangeWebsiteOpens in a new tab.
80Global ExchangeNo
81Gomti Exchange LLC.No
82GoodWill ExchangeWebsiteOpens in a new tab.
83Gulf Express ExchangeWebsiteOpens in a new tab.
84Gulf Int'l Exchange Co.LLC.No
85Habib Exchange Co. LLC.SharjahWebsiteOpens in a new tab.
86Hadi Express ExchangeWebsiteOpens in a new tab.
87Hawl Al Khaleej ExchangeNo
88Horizon ExchangeWebsiteOpens in a new tab.
89Inter ExchangeNo
90International Currency Exchange (ICE)No
91International Development ExchangeNo
92Joyalukkas ExchangeWebsiteOpens in a new tab.
93Jumana Exchange Est.No
94Kanoo ExchangeWebsiteOpens in a new tab.
95Khalil Al Ferdan ExchangeNo
96Khalili Exchange Co. LLC.No
97Lari ExchangeWebsiteOpens in a new tab.
98Lee La Megh Exchange LLCWebsiteOpens in a new tab.
99Libra Exchange (earlier known as newyork)WebsiteOpens in a new tab.
100Lulu Int'l ExchangeWebsiteOpens in a new tab.
101Malik ExchangeWebsiteOpens in a new tab.
102Mawarid Exchange L.L.CWebsiteOpens in a new tab.
103Mesrkanloo Int'l ExchangeNo
104Multinet Trust Exchange LLC.WebsiteOpens in a new tab.
105Muthoot ExchangeWebsiteOpens in a new tab.
106Nasim Al BarariNo
107National Exchange Co.No
108Oasis Exchange Al AinNo
109Omda ExchangeNo
110Onyx ExchangeWebsiteOpens in a new tab.
111Orient Exchange Co. LLCWebsiteOpens in a new tab.
112Premier International ExchangeWebsiteOpens in a new tab.
113Progoti Exchange Co.No
114Redha Al Ansari ExchangeWebsiteOpens in a new tab.
115Reems ExchangeWebsiteOpens in a new tab.
116Royal Exchange Co. LLC.No
117Royal Star ExchangeWebsiteOpens in a new tab.
118Sa’ad ExchangeNo
119Sabah ExchangeNo
120Sajwani ExchangeWebsiteOpens in a new tab.
121Salem ExchangeNo
122Sana'a ExchangeNo
123Send ExchangeNo
124Shaheen Money Exchange LLC.No
125Sharaf Exchange LLCWebsiteOpens in a new tab.
126Sharjah Int. ExchangeWebsiteOpens in a new tab.
127Smart ExchangeWebsiteOpens in a new tab.
128Sultan Al Thahab ExchangeWebsiteOpens in a new tab.
129Sundus ExchangeWebsiteOpens in a new tab.
130Tabra & Al Nebal ExchangeNo
131Tahir Exchange Est.No
132U.A.E. Exchange Centre LLC.WebsiteOpens in a new tab.
133Union ExchangeNo
134Univarsal Exchange CenterWebsiteOpens in a new tab.
135Wall Street Exchange Centre LLCWebsiteOpens in a new tab.
136Yase ExchangeWebsiteOpens in a new tab.
137Zahra Al Yousuf ExchangeNo
138Zareen ExchangeWebsiteOpens in a new tab.
Source of data: UAE Central Bank Opens in a new tab.

How to get best exchange rates at Forex Exchange Companies?

Money exchange companies are on the look out for more business and  this means if you use little research, you will end up getting the best exchange rates.
  • The amount of forex exchange rates depend on how large the amount is. Larger the better! Therefore, if you have a large amount to send, you are at an advantage.
  • Call up the call centre or the helpline of your favorite exchange companies to enquire about the rates. The rates displayed on the main board may not have been updated. It makes ‘money sense’ to always enquire at more than 4-5 exchange companies before making your decision.
  • Don’t go to the exchange houses when they are crowded. Go at an odd time when you can discuss with the agent on what are the best the best rates. 
  • Always bargain and ask for the best rate. The general public rates are for normal walk-in customer. If you keep quiet the agent may assume that you are happy with the board rates. It does not take much skill to ask for best rates. The officers at the front desk of the exchange companies do have some prerogative to provide you a better rate than that is displayed on the board.
  • Be friendly and make good friends at the Exchange companies. This is no brainer! 
  • Be consistent in sending your money and enrol for any membership that may be available at the exchange house you prefer.

Hope these strategies will help you get the best exchange rates for your hard earned money.

Do you have a trick that has helped you in the past to get the best rates? Share it with other readers!

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Deepak

Deepak is a passionate blogger with interests in bitcoin, online marketing, and writing.

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