Our Exchange is in existence since 1979. Formerly known as Al Sheibei Exchange and Finance Company, it was managed by Syndicate Bank India from 1983. The name has been changed as National Exchange Company with effect from 09.10.1993. Our company is owned by the Royal Al-Thani Family. We were one of the first exchange companies started in Qatar.
With effect from March 2015, the Board of Directors decided to let a local management team to handle the business operations. We have currently 5 branches spread across Qatar and we serve all remittance requirements of Indian, Nepal, Bangladesh, Sri Lanka, Pakistan, Philippines, Egypt, GCC Countries and throughout the world.
We have a workforce of around 50 employees – with mixed Nationalities to facilitate the operations in all 7 days of the week. We have partnered with State Bank of India, Federal Bank, Syndicate Bank in India, Bank of the Philippine Islands, Asia United Bank in Philippines, Bank of Ceylon, Sampath Bank in Sri Lanka, Allied Bank Pakistan, Bangkok Bank, Thailand, Bank of Alexandria, National Bank of Egypt, The United Bank in Egypt. Through this tie-ups our customer can instant credit of Indian Rupee, Srilankan Rupee, Pakistani Rupee, Bangladeshi Taka, Philippine Peso, Thai Bhat, Egyptian Pound into their bank accounts. We also have tie-ups to send USD, EURO, GBP, CAD, SGD, AED, SAR, etc., through SWIFT Transfer Facility.
Through Cash Pick-up products viz., Western Union, Transfast, Xpress Money, Instant Cash, Prabhu Money, MM Remit, IME, Himal Remit, etc., our customers can get instant cash pick up in their Home Country. In addition to above service, we also Buy & Sell all major Foreign Currencies at Best Price.