Activity
Money Exchangers
Activity Code
6612005
Activity Group
Banks, Finance & Credit Group
License Type
Commercial
Activity Description
Includes financial firms which work for their own account or the account of others in money exchange field, which is based on the purchase and sale of negotiable foreign currencies, monetary notes and coins. Their activities also include the purchase and sale of travellers cheques, financial transfers and other exchange activities regulated by the laws and statutes of the Central Bank. This activity does not include firms working in financial and monetary brokerage.
Approval
NOC from the central bank, Security Industry Regulatory Corporation