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Al Fardan Exchange

Info Checked

Currency Exchange & Money Transfer

Sheikh Zayed Road, Dubai

About

Al Fardan Exchange is a premium foreign exchange and remittance company backed by the Al Fardan Group, one of the most respected business conglomerates in the Gulf region. Licensed by the CBUAE, Al Fardan Exchange operates multiple branches across the UAE and is known for offering highly competitive rates, particularly for high-value transactions. The company caters to both retail and corporate clients with a strong emphasis on personalised service and discretion.

Key Services

Al Fardan Exchange provides foreign currency exchange for major and exotic currencies, international wire transfers, demand drafts, and corporate FX solutions. Their dedicated corporate desk handles bulk currency conversions for businesses, while their retail branches serve walk-in customers with competitive spot rates. For Dubai property buyers, Al Fardan Exchange is a preferred choice for large-value conversions, offering negotiable rates on transactions above AED 100,000 and seamless transfers to developer escrow accounts.

Why Choose Al Fardan Exchange

Backed by the financial strength and reputation of the Al Fardan Group, this exchange house offers a level of service and reliability that sets it apart. Their rates for high-value transactions are among the most competitive in the UAE, and their relationship managers provide dedicated support for recurring property payment schedules. The company's strategic location on Sheikh Zayed Road makes it convenient for business professionals and investors.

Services Offered

Key services Al Fardan Exchange provides for currency exchange & money transfer clients in Dubai:

International money transfers / remittance
Foreign currency exchange (currency notes)
Direct-to-account high-value transfers (up to USD 50,000 via Western Union partnership)
Western Union instant money transfer
WPS payroll processing for corporates
Prepaid payroll cards (Payez / Payez Mastercard / DW Eaze)
Prepaid travel card (Travelez VISA)
e-money services
Online and mobile app transfers

Why Choose Al Fardan Exchange

  • Pioneer in UAE financial services, operating since 1971 as part of the Al Fardan Group
  • Licensed and regulated by the Central Bank of the UAE (CBUAE)
  • Network of 85+ branches spanning all seven Emirates
  • Western Union partnership enabling high-value direct-to-account transfers (up to USD 50,000) worldwide
  • Branch, online and mobile-app transfer options
  • Corporate WPS payroll and prepaid card programmes

How Al Fardan Exchange Works

  1. 1

    Choose your service

    Visit a branch, the website or the app for currency exchange, remittance or a high-value account transfer.

  2. 2

    Verify your identity

    Provide Emirates ID / passport and beneficiary details to meet CBUAE compliance requirements.

  3. 3

    Confirm rate and amount

    Review the live exchange rate and applicable fees before you commit to the transaction.

  4. 4

    Fund and send

    Pay in cash or from your account; funds are paid out to the beneficiary account or location.

  5. 5

    Track and collect receipt

    Receive confirmation and track the transfer through the chosen channel.

Business Profile

Established 1971 (55+ yrs)
Company Size Large (51-200)
Hours Standard hours (Sun-Thu)

Hours and pricing may change — confirm directly with the business before engaging.

Licenses & Certifications

Licensed by Central Bank of the UAE (CBUAE)
Licensed exchange house (Category C licence)
Central Bank of the UAE (CBUAE)

Licenses and certifications are subject to renewal. Verify current status with the issuing authority before engagement.

Frequently Asked Questions

Can I transfer money from abroad to buy property in Dubai through Al Fardan Exchange?

Al Fardan Exchange is a UAE-based exchange house, so transfers are typically initiated from within the UAE. For large international transfers tied to a property purchase, confirm sending limits, beneficiary (developer/escrow) account details and documentation with a branch before transacting.

How much can I send in a single transfer?

Through the Western Union partnership, consumers in the UAE can send direct-to-account transfers of up to USD 50,000 (around AED 183,600) via the app, website or Al Fardan retail locations. Limits can vary by channel and compliance checks.

Is Al Fardan Exchange regulated?

Yes. Al Fardan Exchange is a licensed exchange house regulated by the Central Bank of the UAE (CBUAE) and operates under a Category C licence with ongoing systems-and-controls obligations.

Where are Al Fardan Exchange branches located?

The company operates a network of 85+ branches spanning all seven Emirates of the UAE.

What services does Al Fardan Exchange offer?

Foreign currency exchange, international remittance, Western Union instant transfers, WPS payroll and prepaid card programmes, the Travelez prepaid travel card, and e-money services.

Can I send money through a branch or only the app?

Both. You can transact at any of the 85+ branches or use the online website and mobile app for remittances and account transfers.

How long has Al Fardan Exchange been operating?

It has provided money-transfer and exchange services since 1971 and is part of the Al Fardan Group, whose roots date back to 1954.

Location

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Office 402, Level 4, The Onyx Tower 2, SZR, Sheikh Zayed Road, Dubai, UAE

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Contact Information

600 522 265 Visit Website
Office 402, Level 4, The Onyx Tower 2, SZR

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