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Al Ansari Exchange, a leading exchange company in the UAE with the largest branch network, started as an offshoot of a flourishing trading business by the Al Ansari family almost 60 years ago. Al Ansari Exchange was established primarily to meet the foreign exchange and remittance needs of their trading partners and customers at a time when formal banking was yet to be established in the country.

With the gradual evolution and semblance of banking in the mid-1960s, the first branch was opened in Abu Dhabi in 1966.

From there on the company has made quick strides and progressed to emerge as one of the largest and most popular exchange companies in the UAE. Al Ansari Exchange is rated “5A1” by “Dun & Bradstreet”*, the highest achievable rating level indicating minimal risk and a high degree of credit, in addition to being licensed and regulated by the Central Bank of the UAE.

Today, Al Ansari Exchange boasts a network of over 260 branches, employing over 4,000 multilingual staff who cater to more than 3 million customers every month with fast, reliable and efficient service at very competitive rates.

The company has also included in its portfolio of services a set of digital solutions, such as the Al Ansari Exchange mobile app, that contributes to around 14% of the total number of transactions.

Al Ansari Exchange has seen healthy year-on-year growth in outward remittances through its network, averaging around 120,000 transactions a day.

*An internationally recognized credit rating agency.

Historic Milestones


Al Ansari Exchange opened its 1st branch in Abu Dhabi Central Market.


The Union of United Arab Emirates was established.


The Monetary Council was established and the UAE Dirham was first circulated.


Al Ansari Exchange adopted an integrated electronic system in all financial transactions.


The first branch in a shopping mall was inaugurated in the Abu Dhabi Cooperative Society.


The first Al Ansari Exchange rewards program was launched.


1 Million Dirham cash prize in Al Ansari Exchange Rewards was announced for the first time.

Al Ansari Exchange opened its 1st international branch in Kuwait.


Al Ansari Exchange adopted its new identity and standardized the look and feel of all its branches.


Al Ansari Exchange launched its Cash Express for worldwide remittance to the market.


Al Ansari Exchange launched its payroll solution “PayPlus”, in line with the UAE’s Wages Protection System.

The first mobile branch was introduced.

The 100th branch was inaugurated in Souk Madinat Jumeirah, Dubai.


Al Ansari Exchange’s customer base reached 2 million customers.


Al Ansari Exchange opened it’s 150th branch in the UAE and reached a 2.5 million monthly customer base.


Al Ansari Exchange celebrated 50 years of success and service excellence.


Al Ansari Exchange launched a mobile app to enable online money transfer


Al Ansari Exchange’s Visa Platinum TravelCard was launched with 17 currencies.


Al Ansari Exchange tops the list of most prominent transfer and exchange companies in Middle East by Forbes


Al Ansari Exchange Inaugurates its 200th Branch

ِAl Ansari Exchange Mobile App was rated as the top Fintech App in the UAE, GCC and the second in the Middle East Region, on the Forbes Middle East list of the Top 15 Fintech Apps 2021


Al Ansari Exchange unveils advanced and intelligent new branch designs

Al Ansari Exchange launches PLUS rewards loyalty programme


Al Ansari Financial Services debuts listing and trading of its shares on the Dubai Financial Market

Al Ansari Exchange Inaugurates its 250th Branch in the UAE

to be continued
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