About Al Fardan Exchange
Al Fardan Exchange is one of the older exchange houses in the UAE. It was established in Abu Dhabi in 1971, the same year the country was formed, and is part of the Al Fardan Group, a family business also known for its jewellery and pearl trading heritage.
The company provides the core services of a UAE exchange house: international money transfers, foreign currency exchange, and wage payment services for companies.
Remittances are central. Many of its customers are workers who send part of their salaries home every month, and exchange houses offer transfers to bank accounts, cash pick-up points and mobile wallets in dozens of countries.
Through the Wage Protection System, companies pay employee salaries via licensed agents such as exchange houses, which then make funds available to workers through cards or branches. This is particularly important for workers without bank accounts.
Al Fardan Exchange operates branches across the emirates, alongside digital channels and a mobile app for sending money.
Exchange houses are regulated by the Central Bank of the UAE and must comply with anti-money laundering and customer verification rules.
Customers comparing exchange houses usually look at exchange rates, transfer fees, speed and how many destinations are covered.
Startups UAE lists Al Fardan Exchange among the UAE's long-established exchange houses.
The company provides the core services of a UAE exchange house: international money transfers, foreign currency exchange, and wage payment services for companies.
Remittances are central. Many of its customers are workers who send part of their salaries home every month, and exchange houses offer transfers to bank accounts, cash pick-up points and mobile wallets in dozens of countries.
Through the Wage Protection System, companies pay employee salaries via licensed agents such as exchange houses, which then make funds available to workers through cards or branches. This is particularly important for workers without bank accounts.
Al Fardan Exchange operates branches across the emirates, alongside digital channels and a mobile app for sending money.
Exchange houses are regulated by the Central Bank of the UAE and must comply with anti-money laundering and customer verification rules.
Customers comparing exchange houses usually look at exchange rates, transfer fees, speed and how many destinations are covered.
Startups UAE lists Al Fardan Exchange among the UAE's long-established exchange houses.