Moving money for Qatar since 1977
For nearly five decades, Gulf Exchange has moved money carefully for the people of Qatar. Currency exchange, gold, and transfers to family and suppliers around the world.
Gulf Exchange, an ISO 27001:2022 certified company and one of the leading money exchanges in the State of Qatar, has extended its services to 2 million retail and business customers since its inception in 1977. Under the leadership of its founder, Mr Ali Jaafar Al-Sarraf, the company has grown over the years to become a first choice for foreign currency exchange, gold purchase and sale, and international money transfer to and from all over the world.
While customer experience is an aspiration for other businesses, at Gulf Exchange it is a reality. We provide personalised services to 135,000 customers monthly across our 24 branches and in 20 languages. Through our extensive network of partners across the globe, we are well positioned to provide competitive exchange rates for our customers. We also pride ourselves on being a pioneer financial institution in implementing financial technologies since 1991.
We always ensure that our customers enjoy an unparalleled experience by investing in our human capital, growing our global outreach, and developing our distribution channels so that we are with our customers wherever they are.
Shaping the Financial Landscape
Since 1977, Gulf Exchange has served retail and business customers across Qatar. We combine an established branch network with a correspondent network built over decades.
Located across Qatar, from Doha and Al Rayyan to the industrial areas, Ras Laffan and Al Shamal, with staff serving customers in 20 languages.
Every transfer carries a reference number and can be traced by our team at any point.
Innovation at Our Core
Gulf Exchange has been a pioneer in adopting financial technology since 1991. Personal and corporate customers can send money at a counter or through our mobile app, with rates published openly.
- Bank transfer, cash pick-up and mobile wallet
- ISO 27001:2022 certified information security
- Every transfer traceable by reference number
Our Journey
Nearly five decades of serving Qatar, from a single exchange counter in Doha to a nationwide network and digital channels.
- 1977
Gulf Exchange is founded in Doha
Established in Qatar under Founder and Chairman Ali Jaafar Al-Sarraf, offering foreign currency exchange, gold and international money transfer.
- 1991
Early adopter of financial technology
Gulf Exchange begins implementing financial technologies, a commitment to innovation the company has maintained ever since.
- 2019 January
Al Shahaniya branch opens
The network grows beyond Doha, Dukhan, Industrial Area, Mesaieed, Al Rayyan, Barwa Village and Asian Town with a new branch in Al Shahaniya.
- 2019 August
Partnership with Ooredoo Money
Ooredoo Money customers can send funds instantly to bKash wallets in Bangladesh through Gulf Exchange, 24 hours a day.
- 2019 September
60-second transfers to India
The Ooredoo Money partnership is extended: transfers to IMPS bank accounts in India are credited within 60 seconds.
- 2019 November
Website in six languages and a Turkish corridor
A Turkish edition joins the Arabic, English, Hindi, Bangla and Nepali websites, alongside a payout partnership with UPT Money Transfer covering 8,000 locations in Turkey.
- 2020 January
Ras Laffan Industrial City branch and ISO 27001
The tenth branch opens at Ras Laffan Industrial City as Gulf Exchange adds ISO 27001 information-security certification to its ISO 9001 quality certification.
- 2021
Gulf Exchange mobile app
Customers can register and send money from their phones with the Gulf Exchange App on iOS and Android.
- 2021 October
Sailiya branch opens
A new branch serves customers in Al Sailiya.
- 2022 June
White Palace Metro Station branch opens
Gulf Exchange opens at The White Palace Metro Station, bringing exchange and remittance services to Doha Metro commuters.
Global Reach, Local Heart
Integrity
To do money exchange business with integrity, commitment and passion. Integrity is the first of our five stated values.
Customer Centricity
We serve 135,000 customers each month across our branch network, in the language each customer is most comfortable using.
Innovation
A pioneer in implementing financial technology since 1991, and still investing in how customers reach us.
Excellence
Customer excellence is one of our five values, alongside integrity, commitment, collaboration and care.
Your Security is Our Priority
Gulf Exchange is licensed and regulated by Qatar Central Bank and certified to ISO 27001:2022 for information security. We operate a documented AML and CFT compliance programme aligned with Law No. (20) of 2019 and FATF recommendations.
ISO 27001:2022 Certified
The international standard for information security management. Gulf Exchange is certified to ISO 27001:2022.
QCB Regulated
Licensed and supervised by Qatar Central Bank.
AML / CFT Programme
Customer records are retained securely for a minimum of ten years, as required by Qatar Central Bank.
Record Keeping
Identity is verified on every transaction under our Know Your Customer obligations.
Join the Future of Money Transfer
Experience the speed and reliability of Gulf Exchange today.