United Arab Emirates · Money service business
Al Ansari Exchange L.LC.
Al Ansari Exchange LLC is an exchange house in the United Arab Emirates. The Central Bank of the UAE (CBUAE) licenses it for exchange business under register number 03.01.03.002.1981.01. It is a subsidiary of Al Ansari Financial Services PJSC, whose shares are listed on the Dubai Financial Market. It offers outward remittances, currency exchange, Visa prepaid travel cards, bill payments and payroll services under the Wage Protection System (WPS) to individuals and businesses in the UAE. It serves them through its branches and a mobile app.
Licences and registrations
Held by Al Ansari Exchange L.LC.. 1 entry on 1 of the 22 tracked registers, retrieved 24 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| CBUAE Register of Licensed Financial Institutions - Exchange BusinessCentral Bank of the UAE (CBUAE) | Exchange BusinessMoney Transmitter / Remittance | 03.01.03.002.1981.01 | United Arab Emirates | Active | — | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Al Ansari Financial Services PJSC
Firm type
Money remittance
Trades as Al Ansari Exchange
- Ownership
- The firm is a subsidiary of Al Ansari Financial Services PJSC, which is listed on the Dubai Financial Market under the ticker ALANSARI.
- Direct parent
- Al Ansari Financial Services PJSC, United Arab Emirates
- Head office
- Level 7, Al Ansari Business Center, Al Barsha 1, Beside Mall of the Emirates, P.O.Box 6176 Dubai, United Arab Emirates (registered office: Abu Dhabi, United Arab Emirates (address on the CBUAE register; street not shown))
Online
- Websites & references
- alansariexchange.com ↗
alansariexchangetravelcard.com ↗ TravelCard prepaid card site
app.eexchange.ae ↗ eExchange corporate online platform
careers.alansariexchange.com ↗ careers site - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗ · Threads ↗
Sources · 12 pages consulted
- alansariexchange.com/
- alansariexchange.com/disclosure-statement/
- alansariexchange.com/terms-and-conditions-al-ansari-exchange-travelcard/
- alansariexchange.com/service/travel-card/
- alansariexchange.com/governance_category/executive-management/
- alansariexchange.com/history/
- alansariexchange.com/all-news/
- alansariexchange.com/news/al-ansari-exchange-announces-new-ceo-appointment/
- zawya.com/en/press-release/companies-news/al-ansari-financial-services-delivers-strong-fy25-perform
- zawya.com/en/press-release/companies-news/al-ansari-exchange-wins-best-remittance-foreign-exchange-
- aafs.ae/companies/
- aafs.ae/news/al-ansari-financial-services-alerts-public-to-impersonation-scam/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of the UAE licenses the firm to carry on exchange business, including money transfer and currency exchange. The firm itself is named as issuer of its TravelCard prepaid card.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of the UAE (CBUAE) United Arab Emirates | Exchange Business (Money Transmitter / Remittance) | 03.01.03.002.1981.01 | In its own name | Active | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Payment schemes and card networks
- Visa Access not stated alansariexchange.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It sends money from the UAE to bank accounts and cash-pickup points abroad, with main corridors including India, Pakistan, the Philippines and Bangladesh. It also offers currency exchange, a multi-currency Visa prepaid TravelCard, bill payments and WPS payroll services.
It serves customers in the UAE through a branch network in all seven emirates and its mobile app. According to its website, it has more than 280 branches.
- Revenue
- AED 1.29bn
- Sells to
- Consumers · Small businesses · Enterprises
- Serves customers in
- United Arab Emirates
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Ali Al Najjar Chief Executive Officer and Manager in Charge
- Chief financial officer
- Suhail Hoosain Chief Financial Officer
- Executive
- Viswanath Ramasubramanian Chief Internal Auditor
- Executive
- Bruno Lopes Chief Technology Officer
- Executive
- Nawal Kebouri Ammor Head of Financial Institutions
- Executive
- Karem Mahmoud Head of Legal and Board Secretary
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm partnered with Dubai's Roads and Transport Authority (RTA) to offer nol travel cards at selected Dubai branches.
alansariexchange.com ↗ -
Leadership
The firm appointed Ali Al Najjar, previously its Chief Operating Officer, as Chief Executive Officer.
alansariexchange.com ↗ -
Merger / acquisition
Parent company Al Ansari Financial Services completed its acquisition of BFC Group Holdings, with branches in Bahrain, Kuwait and India.
zawya.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · CBUAE-EB
- 03.01.03.002.1981.01
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- 8838e0d53405
Profile
- Type
- Money service businessRemittance, currency exchange, cheque cashing and money orders. Usually registered with an anti-money-laundering supervisor rather than licensed prudentially. Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Money Transmitter / Remittance
- Activities
- Currency exchange
- Licensed in
- United Arab Emirates · Middle East & North Africa
- First registered
- Not published
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- Abu Dhabi
- Country
- United Arab Emirates
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Structured: town and country
<FinInstnId>
<Nm>Al Ansari Exchange L.LC.</Nm>
<PstlAdr>
<TwnNm>Abu Dhabi</TwnNm>
<Ctry>AE</Ctry>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- CBUAE Register of Licensed Financial Institutions - Exchange Business—Central Bank of the UAE (CBUAE) · source ↗ as at 24 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
Book a demo