Key Products & Services
Al Bader Exchange offers the following services to provide customers across the United Arab Emirates with fast, safe, and reliable foreign currency exchange solutions:
| Service Type | Availability |
|---|---|
| Foreign Currency Purchase | Individual, Corporate and Financial Institution |
| Foreign Currency Sale | Individual, Corporate and Financial Institution |
Exchange Pricing
Foreign currency is exchanged based on the prevailing rate on the day and times of the
transaction.
| Country | All |
|---|---|
| Currencies | All Major Currencies |
| Mode of Payment | Cash |
| Charges | Customer will bear the applicable charges |
| Charge Range | Minimum: AED 2.00 – Maximum: AED 5.00 |
| Delivery Time | Instant upon receipt of funds from the customer |
Note: 5% VAT is applicable on all charges.
Process & Customer Responsibilities
- Services are provided during branch operating hours and subject to currency availability.
- Customers must ensure sufficient funds before initiating any foreign exchange transaction.
- Once a transaction is completed, it cannot be cancelled.
- Exchange rates agreed upon at the time of the transaction are final and non-negotiable.
- Repurchasing currency after a transaction may be subject to prevailing rates at that time.
- Al Bader Exchange will not accept complaints about currency discrepancies after leaving the Teller counter.
Important Warnings
- Exchange rates may fluctuate and impact the value of your transaction.
- Currencies once exchanged will be repurchased only at the prevailing buying rate.
- Any request for amendment will be subject to applicable charges and rate differences.
- Inaccurate or incomplete information may result in penalties, delays, or rejection of transaction.
- Al Bader Exchange reserves the right to accept or decline service requests at its
discretion, especially in cases of non-compliance with procedures or UAE
regulations. - Al Bader Exchange reserves the unilateral right to terminate or suspend access to
their services for customers who violate any provision of these terms and conditions
and engage in fraudulent or suspicious activities - Transaction may be prohibited, delayed, held, fund frozen or cancelled due to
regulatory or compliance checks.
Note: Al Bader Exchange is licensed and regulated by the Central Bank of the UAE. This Key Facts Statement is issued in accordance with the Consumer Protection Regulation and
related Standards.
Al Bader Exchange reserves the right to amend terms and charges as per applicable UAE regulations and internal policy. Changes will be communicated via our branches, official Website, or digital platforms.