City Exchange
Info CheckedCurrency Exchange & Money Transfer
Bur Dubai
About
City Exchange is a CBUAE-licensed foreign exchange and remittance company serving customers across the UAE. Based in Bur Dubai, the company has built a loyal customer base through competitive exchange rates and dependable money transfer services. City Exchange caters primarily to the diverse expatriate community in Dubai, offering services tailored to popular remittance corridors and everyday currency needs.
Key Services
City Exchange provides foreign currency exchange for major world currencies, international money transfers, demand drafts, and bill payment services. The company offers same-day transfers to select destinations and competitive rates for bulk currency conversions. Their services extend to corporate clients requiring regular payroll remittances and trade-related foreign exchange. For property buyers, City Exchange can facilitate currency conversions needed for down payments and instalment payments on Dubai real estate.
Why Choose City Exchange
City Exchange offers a personalised service experience that larger exchange houses sometimes lack. Their Bur Dubai location is in the heart of Dubai's commercial district, making it accessible for business professionals and residents alike. The company's competitive pricing on popular currency pairs — particularly USD/AED, GBP/AED, and INR/AED — makes it a practical choice for both small remittances and larger property-related conversions. Their CBUAE licence ensures regulatory compliance for all transactions.
Services Offered
Key services City Exchange provides for currency exchange & money transfer clients in Dubai:
Why Choose City Exchange
- Established in 1997 with its first branch in Bur Dubai — over 25 years of operation in the UAE.
- Licensed and regulated by the Central Bank of the UAE (CBUAE).
- Network of 18 branches across 5 Emirates for in-person currency exchange and remittance.
- Management support from State Bank of India, a top-tier global bank.
- Handles both personal remittances and business services such as WPS payroll and VAT payments.
How City Exchange Works
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1
Visit a branch
Go to one of City Exchange's 18 branches across the UAE with your transaction details and required documents.
-
2
Verify identity
Provide valid identification (e.g. Emirates ID/passport) as required for CBUAE-regulated transactions.
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3
Confirm rate and details
Review the exchange rate or transfer details and beneficiary information at the counter.
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4
Complete the transaction
Pay and receive your currency or remittance receipt; bank transfers typically settle within 1 to 3 working days.
Business Profile
Hours and pricing may change — confirm directly with the business before engaging.
Licenses & Certifications
Licenses and certifications are subject to renewal. Verify current status with the issuing authority before engagement.
Frequently Asked Questions
Can I send money from the UAE to buy property abroad through City Exchange?
City Exchange offers international remittance and foreign currency exchange services. For large property-related transfers, contact a branch directly to confirm limits, documentation and the destination account details before sending funds.
Is City Exchange regulated?
Yes. City Exchange is licensed by the Central Bank of the UAE (CBUAE), which regulates exchange houses and money-transfer operators in the UAE.
When was City Exchange founded?
City Exchange was established in 1997, opening its first branch in Bur Dubai.
How many branches does City Exchange have?
City Exchange operates 18 branches across 5 Emirates in the UAE.
What services does City Exchange offer besides currency exchange?
In addition to foreign currency exchange and remittances, it provides WPS payroll solutions, VAT payments, GPSSA payments, credit card payments, air ticket payments and bill payments.
How long does a bank transfer take?
According to City Exchange, bank transfers typically take 1 to 3 working days, depending on the destination and corridor.
Are live exchange rates published online?
At the time of verification the website listed exchange rates as "coming soon"; current rates are available at any City Exchange branch.
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Disclaimer: This listing is compiled from publicly available information for informational purposes only. Real Estate Club Dubai does not endorse, recommend, or guarantee the services of any listed business. We encourage you to conduct your own due diligence before engaging any service provider.
If you represent this business and would like to update or remove this listing, please contact us.
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