SAMA Licenses “Global Exchange AS Currency Service Limited” to Conduct Foreign Currency Trading in Saudi Arabia
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The Saudi Central Bank (SAMA) licensed “Global Exchange AS Currency Service Limited" company to engage in buying, selling, and exchanging foreign currencies in Saudi Arabia, bringing the total number of licensed money exchange centers to 66.
This decision reflects SAMA's endeavor to support and enable the money exchange industry, increase the efficiency and flexibility of financial transactions, enhance financial inclusion in Saudi Arabia, and ensure access to financial services for all segments of society.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed financial institutions, visit SAMA's official website.
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