Eletronic Fund Transfer
Forex Market Update
Canara Bank
Al Razouki Intl Exchange Co (LLC) a Limited Liability Company incorporated under the laws of United Arab Emirtes, popularly known as "Al Razouki" amongst the expatriates / tourists was promoted in the year 1981 by a group of business magnets of UAE/NRIs.
The Company was established for facilitating remittances to India and over the years it has grown to the stage of being a leading financial remittances service provider in the UAE.  Over the last 30 years, Al Razouki has achieved enviable progress in the service delivery capabilities. Al Razouki is one of the most preferred Exchange Companies by expatriates for remittances.  Presently the Exchange House caters to the remittance needs to all places in the world.   It is the vision of the management to lead Al Razouki to take the role of a ONE STOP REMITTANCE SUPERMARKET in the days to come.   
The company is functioning as per the license issued by Central Bank of UAE and complying with various guidelines issued by them from time to time.

Al Razouki has in its Board of Directors Mr. Abdul Razak Abdul Aziz Al Mutawa - a prominent  UAE National with active interest in Civil Construction Industry and a leading  businessman of Dubai as Chairman.  Mr Murij Manghnani, - a leading NRI of UAE and presently Chairman of  the famous ITL Group – Cosmos as Vice-Chairman.  Mr.Mohammed Sharif Mohammed Hadi Al Hadi, - a prominent UAE National, Ex-Executive of  UAE Central  Bank, presently a leading businessman and Dr. Ram Buxani - a leading NRI of UAE, Group President of   the famous ITL Group – Cosmos as Directors.

The Company is Board Managed and fully professionalized.  General Manager is the Key Person looking after the affairs of the company with directions of the board.  General Manager (Executive from Canara Bank) and the Branch Managers are deputed from Canara Bank.  At present following are our correspondent Banks in India -

1) Canara Bank
2) South Indian Bank Ltd
3) Federal Bank
4) Syndicate Bank
5) InduSind Bank
6) Indian Overseas Bank

Al Razouki is also having Remittance Drawing Arrangement with a host of banks in

1) Srilanka ( Bank of Ceylon, Peoples Bank, Commercial Bank of Ceylon )
2) Philippines ( Metro Bank, Land Bank )
3) UK (Canara Bank London)

Besides engaging in currency exchange activities, Al Razouki is one of the Agents of Western Union Money Services.  Under this arrangement money can be sent / received within minutes worldwide.  It is also having agency of Xpress  Money, International Money Express (IME), Everest Remit, Himal Remit, Trans Fast and Speed Remit. 

Al Razouki is the authorised agent for disbursement of wages under WPS.

The Company’s Head Office is located in Al Raffa Burdubai.  Presently it has 16 branches in various Emirates of UAE viz Deira (Tel 04-2267582),  Karama (Tel 04-3378216), Al Qusais (Tel 04-2615578), Hor Al Anz (Tel 04-2694636), Jebel Ali Free Zone (Tel 04-8815238), Al Raffa (Tel 04-3933909), Sharjah (Tel 06-5624129), Abu Dhabi (Tel 02-6222156), Ajman (Tel 06-7426449),  Alquoz (Tel 04-3411187), Sharjah Indl Area (Tel 06-5429166), Ajman Indl Area (Tel 06-7484538), and Jebel Ali Indl Area (04-8804337), DIP Jebel Ali (Tel 04-8848005), ICAD REsi. City Mussafah (Tel 02-5502939) and Muhaisinah - Sonapur (Tel 04-2510591).

The Company has made rapid strides in business due to the excellent customer service and customer care provided all through these years since inception.

Copyright © Al Razouki International Exchange Co. L.L.C. All Rights Reserved
Powered by Cyborg Information Technology