FAQ’s

FAQ’s

GENERAL
Is Al Dahab Exchange Licensed by The Central Bank of the UAE?

Yes, Al Dahab Exchange is Licensed by The Central Bank of the UAE.

Yes, Al Dahab Exchange offers world-wide remittance services, barring a few countries which may have legal or political limitations.
It’s easy to send money through Al Dahab Exchange. To get started with your first transfer, visit any of our branches with your valid ID, register a new account and make your first transfer easily and securely.

As long as you have your Emirates ID/ identification document and the complete details of your beneficiary account and/or recipient (please note that requirements may vary according to the country and preferred payment mode), you can start your money transfer process.

Global currency rates are constantly fluctuating. For updated rates, you can refer to our Website Rate Scroll Bar or you may Contact our Toll Free Number 800 32422 (DAHAB) or the nearest Branch.

At Al Dahab Exchange, we charge you a fair service fee and use a real-time exchange rate for conversion. As such, charges vary based on your destination of transfer, payment mode and payout currency. For more info you may contact Toll Free Number 800 32422 (DAHAB) or Nearest Branch.
There is no maximum amount of funds you can transfer through our branch network; however each recipient country has its own limits. For more info you may contact Toll Free Number 800 32422 (DAHAB) or Nearest Al Dahab Exchange Branch.

Al Dahab Exchange offers multiple options to suit your needs and catered to your convenience.

The following are some details on the various services available at Al Dahab Exchange:

  • Bank Account Transfer: Money can be directly credited to your/your beneficiary’s account.
  • Instant Cash Payouts: Options such as Transfast, Cash Express, Western Union and other similar services are available where money can be delivered in cash swiftly to your beneficiary, in most parts of the world.

For more details, contact our nearest branch or contact Toll Free 800-32422 (DAHAB).

The time taken for your money to reach your beneficiary’s account depends on the type of remittance you have chosen and the beneficiary’s location.

Account-to-Account Transfer – 1 to 3 working days in countries where your beneficiary’s bank is a member of the well-established automated payment system. In other cases, 3 to 6 working days, however some countries have instant bank transfers.

You can locate any of our branches easily either by:

We, at Al Dahab Exchange value the patronage of our regular customers by offering various promotions and lucrative offers.

In accordance with regulatory standards, transaction ID details are mandatory for all remittance transactions. Additionally, for transactions exceeding AED 55,000, the source of funds is also required. Similarly, for foreign currency transactions, transaction ID details are necessary. Moreover, if the transaction surpasses AED 55,000, providing the source of funds is mandatory as well.

AED 1 or higher

Customers will receive an SMS notification for each remittance transaction, and they have the option to inquire about the transaction status by calling the dedicated branch or sending an email to operations@aldahabexchage.com or calling Toll Free Number 800-32422 (DAHAB).

An amendment form will be accessible for making changes to the transaction, and customers can request cancellation by providing a valid reason either in person or via email.

We can send money to all countries except the Sanctioned Countries.

Yes, there is nominal fees for transferring money through the Al Dahab Exchange. For the most accurate and detailed fee information, you may visit our website www.aldahabexchange.ae or feel free to call our Toll Free Number 800-32422 (DAHAB) or visit any of the nearest Al Dahab Exchange branch.

BUSINESS/CORPORATE TRANSFERS
How can Al Dahab Exchange facilitate business money transfers internationally?

Our international business money transfer service is designed to streamline the process for corporate clients, offering fast and secure transfers to destinations worldwide.

Al Dahab Exchange provides competitive exchange rates, dedicated support for business clients, cash payout services for corporate which are not available with banks, and a range of convenient transfer options tailored to meet the specific needs of businesses.

We offer preferential rates and volume-based discounts for our corporate clients, ensuring cost-effective solutions for their international money transfer needs.

We offer two types of business memberships:

  • Remittance and FCY membership
  • WPS membership

Note: Customers can maintain remittance, FCY, and WPS all in one membership.

We may require certain documentation depending on the nature and destination of the transfer. Our dedicated business team will guide clients through the necessary requirements, or you may visit Al Dahab Exchange nearest Branch or call Toll Free hotline 800-32422 (DAHAB).

Yes, we offer a range robust and secured platform for Corporate Transactions including reporting & risk management and dedicated account management support to help businesses optimize their international payments.

Transaction fees may apply depending on the type, size, and destination of the transfer. Our fee structure is transparent and competitive, with fees calculated based on various factors.

Absolutely, our dedicated business support team is available to assist Corporate Clients with any queries or issues related to their international money transfers, ensuring a smooth and seamless experience.

In addition to our core money transfer services, we offer a range of value-added services and benefits tailored to meet the unique needs of our business clients, including customized reporting, bulk payment options, and statement of accounts.

It is our aim to serve you to the best of our abilities. If you have any complaint, please

  • Call our customer service Toll Free hotline 800-32422 (DAHAB).
  • Send an email to operations@aldahabexchange.com