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Al Razouki International Exchange
Although this exchange house does not have the largest network in the UAE with its 16 branches compared to its industry competitors, Al Razouki International Exchange is popular with expatriates, especially those from the Indian subcontinent, who are looking to remit money or earnings to their home countries.
Al Razouki has agreements with international banks primarily in the UK, India and Philippines where the majority of remittances go. Otherwise, the company also has agreements with international transfer giants such as Xpress Money, IME, Everest Remit, Himal Remit, Transfast, Speed Remit and Western Union that enable customers to transfer money worldwide within minutes.
In addition to remittances, Al Razouki's services include foreign currency exchange, recharging mobile phones worldwide, payment of select bills and payroll solutions for corporations.