Company Information

Get to know Al Amal Express Exchange

Established in 1979, Al Amal Express Exchange is one of the oldest and most reputable exchange houses in the United Arab Emirates. Licensed and regulated by the Central Bank of the UAE, the company provides a range of financial services including global money transfers, foreign currency exchange, and payroll solutions through the Wage Protection System (WPS). With a history spanning over four decades, it has built a strong reputation for reliability and customer service, catering to the needs of individuals and corporations for their foreign exchange and remittance requirements.

Industry

Financial PaymentPRIMARY
Financial Other Service

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Al Amal Express Exchange

United Arab Emirates

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.