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Al Rostamani International Exchange

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Currency Exchange & Money Transfer

Bur Dubai

About

Al Rostamani International Exchange is a well-established currency exchange and remittance company operating under the Al Rostamani Group, one of the UAE's most diversified conglomerates. Licensed by the CBUAE, the company has been serving the UAE market for over three decades with a network of branches across Dubai and the Northern Emirates. Al Rostamani Exchange is known for transparent pricing, reliable service, and strong compliance standards.

Key Services

The company offers foreign currency exchange, international money transfers, demand drafts, WPS payroll services, and utility bill payments. Al Rostamani Exchange supports transfers to over 150 countries through a robust network of correspondent banks and payment partners. Their corporate services include bulk payroll processing, trade-related FX, and tailored solutions for businesses with regular cross-border payment needs. Property investors benefit from their ability to handle large-value conversions with competitive spreads.

Why Choose Al Rostamani International Exchange

The backing of the Al Rostamani Group provides financial stability and operational excellence. The company's compliance-first approach ensures all transactions meet CBUAE regulations and anti-money laundering requirements, which is particularly important for real estate-related transfers. Their Bur Dubai headquarters is conveniently located near the Dubai Land Department, making it accessible for property buyers who need to convert funds before completing registration.

Services Offered

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

International money transfers and outward/inward remittances
Foreign currency exchange (banknotes)
Banknotes Division for wholesale and retail currency
Trade and salary remittance for businesses
WPS (Wage Protection System) payroll services
Corporate and business payment solutions
E-Wallet with cash-out services
Utility and bill payments
Airline ticket and credit card payments
PAN card application support for NRIs

Why Choose Al Rostamani International Exchange

  • Established in 1979 (initially as Thomas Cook Al Rostamani Exchange Company), with 45+ years in UAE money services.
  • Part of Al Rostamani Group, one of the UAE's long-established business conglomerates.
  • Licensed and regulated by the Central Bank of the UAE (CBUAE).
  • Network of 30+ branches across Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Al Ain.
  • First exchange house in the UAE to receive ISO certification (1999).
  • Global reach through 80+ correspondent banks and 50,000+ payout locations worldwide.

How Al Rostamani International Exchange Works

  1. 1

    Choose your service

    Visit one of the branches across the UAE for currency exchange, remittance or business payment services.

  2. 2

    Provide details and verify ID

    Submit the beneficiary or transaction details and complete identity verification as required under UAE regulations.

  3. 3

    Confirm rate and pay

    Review the applicable exchange rate and any fees, then fund the transaction.

  4. 4

    Receive confirmation

    Get a receipt and reference number to track or collect the transaction once processed.

Business Profile

Established 1979 (47+ 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)
ISO certification (first exchange house in the UAE to receive ISO certification, 1999)
ISO
Best Service Performance Brand 2023 (Dubai Service Excellence Award)
Dubai Chambers

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 Rostamani International Exchange?

The company handles both inward and outward remittances and foreign exchange. For large property-purchase transfers into a developer or escrow account, contact a branch or the business team to confirm the required documentation and process.

Is Al Rostamani International Exchange regulated?

Yes. It is licensed and regulated by the Central Bank of the UAE (CBUAE).

When was Al Rostamani International Exchange established?

It was established in 1979, initially as Thomas Cook Al Rostamani Exchange Company, and was renamed Al Rostamani International Exchange in 2007 after the joint venture concluded.

How many branches does it have?

It operates a network of more than 30 branches across the UAE, including Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Al Ain.

How do I send a large sum to a Dubai developer or escrow account?

Visit a branch and speak with the team about the transfer. They can advise on documentation, the applicable rate and the remittance route; large transfers are subject to UAE compliance and verification requirements.

What business and payroll services are available?

It offers trade and salary remittance, WPS (Wage Protection System) payroll processing and corporate payment solutions for businesses, alongside its Banknotes Division.

What other services does it provide?

Beyond remittance and currency exchange, it offers an E-Wallet with cash-out, bill payments, airline ticket and credit card payments, and PAN card application support for NRIs.

Location

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Al Rostamani Building, Khalid Bin Waleed St, Bur Dubai, Dubai, UAE

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Contact Information

+971 4 454 3203 Visit Website
Al Rostamani Building, Khalid Bin Waleed St

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