Money exchange is the service by which an individual or business establishment can exchange one currency for another. For this purpose, the firm that carries out the exchange will charge an exchange rate and a fee for performing the service. This service is very convenient for those individuals working in foreign countries, who receive their salaries in the local currency of the country where they work. By exchanging, the relatives of the person who sends money from a foreign country will be able to receive the money in their local currency. Similarly, exchange services are used by companies that have set up businesses in other countries. Apart from the local people, this service is valuable for the tourists too.
In the UAE, many people who originally belong to other countries are involved in the money exchange business here. Many reliable exchange companies in the UAE provide safe and quick money exchange services to individuals as well as business people.
Money Exchange Firms in UAE
The following is a listing of the top five money exchange firms