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.