As a Foreign Currency Exchange specialist; we provide a tailor made service to match the needs of our business customers. Our highly experienced personnel will work with you to identify your requirements and create a bespoke package of services to address them.
We provide live competitive market rates for spot trading; and can guide you when it comes to covering immediate currency exposures and hedging future liabilities. For international groups we can work with you to consolidate your cross border currency trading, so as to minimize exposure, maximize efficiency and decrease administration overheads and bank fees.
Our wholesale FX and bank note trading operation provides banks, exchange houses and other financial institutions with a fast, secure and efficient way of disposing of surplus hard currency or purchasing additional hard currency. Our secure cash-processing centre is located within an international air freight hub and can offer overnight processing and dispatch to locations throughout the Middle East and the broader international region.
Our branch network of 20 prime commercial and residential locations across the Kingdom provides a full range of retail foreign exchange and remittance services to customers drawn from all backgrounds and nationalities.
Whether buying currency for travel purposes or remitting money to family and friends back home we provide the most competitive rates available. Our services include:
- Global remittance via Western Union
- Bank transfer via our own NEC Remit service
Our remittance platform NEC Remit enables customers to send money to bank accounts from their own home or desk simply by making a secure debit card payment online.