KARACHI: State Bank of Pakistan (SBP) has issued updated list up to April 23, 2023 of exchange companies in categories of A and B.
An exchange company is a financial institution that specializes in currency exchange and other related services. These companies allow individuals and businesses to convert one currency into another, often at more competitive rates than traditional banks.
Exchange companies typically offer a range of services, including foreign currency exchange, wire transfers, money orders, traveler’s checks, and prepaid travel cards. Some exchange companies also offer services such as currency hedging and risk management for businesses engaged in international trade.
Exchange companies may operate physical locations such as kiosks or storefronts, or offer online services through their websites or mobile apps. They are regulated by government agencies and may be subject to anti-money laundering laws and other financial regulations.
LIST OF EXCHANGE COMPANIES
1. AA Exchange Co. (Pvt.) Ltd.
2. Al Hameed Int.Money Exch (Pvt) Ltd
3. Al-Rahim Exc. (PVT) Ltd.
4. Al-Sahara Exch. (Pvt) Ltd
5. D.D Exchange (Pvt) Ltd
6. Dollar East Exch Co (Pvt) Ltd
7. Fairdeal Exc Co.
8. Galaxy Exch.Co (Pvt) Ltd
9. H&H Exch. Co. (Pvt.) Ltd.
10. Habib Qatar International Exchange Pakistan (Pvt.) LTD
11. HBL Currency Exch. (Pvt) Ltd
12. Link International Exchange Company (Pvt) Ltd
13. Money Link Exch (Pvt) Ltd
14. Muhammadi Exchange Company(Pvt.) Limited
15. NBP Exchange Co. Ltd.
16. Pakistan Currency Exch. Co.
17. Paracha Int. Exch (Pvt) Ltd.
18. Paragon Exch. (PVT) Ltd.
19. PBS Exch (PVT)Ltd
20. Ravi Exchange Co. (Pvt) Ltd
21. Riaz Exch. Co. (Pvt.) Ltd.
22. Royal International Exch (Pvt)
23. Sadiq Exchange Company 9Pvt) Ltd
24. Sky Exch. (Pvt) Ltd
25. Wall Street Exch.
26. ZeeQue Exchange Company (Pvt) Ltd
LIST OF EXCHANGE COMPANIES OF ‘B’ CATEGORY
1. Al-Pine International Exchange Company-B (Pvt) Ltd.
2. Best Way Exchange Company-B (Pvt) Ltd.
3. Easy Exchange Company-B (Pvt) Ltd.
4. Great Union Exchange company-B (Pvt) Ltd.
5. International Exchange Company-B (Pvt) Ltd.
6. Islamabad Exchange Company-B (Pvt) Ltd.
7. Madina Exchange Company-B (Pvt) Ltd.
8. Mega Currency Exchange Company-B (Pvt) Ltd.
9. Money Masters Currency Exchange Company-B (Pvt) Ltd.
10. Orient Exchange Company-B (Pvt) Ltd.
11. Premier Exchange Company-B (Pvt) Ltd.
12. Rajgan Exchange Company-B (Pvt) Ltd.
13. Swiss International Exchange Company-B (Pvt) Ltd.
14. Time Exchange Company-B (Pvt) Ltd.
15. Union Exchange Company-B (Pvt) Ltd.
16. United Exchange Co.-B (Pvt) Ltd.
17. Universal Exchange Company-B (Pvt) Ltd.
18. Usman International Exchange Company-B (Pvt) Ltd.
19. World Exchange Company-B (Pvt) Ltd.
20. World Wide Exchange Company-B (Pvt) Ltd.
