| hash123 |
| Hi, i have been looking at a few sites in Dubai with the info on Money Exchange etc but i could not find the requirements anywhere, I even tried to Search these forums but nothing authentic came up. I am planning to open up a money exchange in Dubai with my business partner, what i wanted to know was the requirements by the government/Bank in Dubai, and how does the liscensing works. Any info would be highly appreciated. P.S ... i am not looking to do any money transfers to any other country at the moment. Thanks. |
| hash123 |
| Bump! Still looking for some info if anyone could share. Thanks in advance. |
| NARASIMHA |
| - H i DUDE - WHAT DO YOU MEAN BY OPENING A [color=brown]MONEY EXCHANGE[/color] IN DUBAI? I THINK IT NEEDS SPECIAL SANCTIONS FROM THE [color=red]UAE CENTRAL BANK[/color] AND THE [color=red]MINISTRY OF ECONOMY & PLANNING[/color]. (THE CASH RESERVE / GUARANTEE TO BE GIVEN MIGHT ALSO BE HIGH). I THINK [color=darkblue] DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) [/color] IS THE PLACE FROM WHERE U CAN START ON. |