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What products does Alfardan
Exchange Company offer?
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Aside from the regular over-the-counter exchange of
bank notes and coins, Alfardan Exchange Company purchases and sells demand drafts, wire transfers and travellers checks of widely traded currencies. |
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Does Alfardan Exchange Company only deal in US Dollars? |
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Alfardan Exchange Company can also transact in other major currencies such as the Australian Dollar, Canadian Dollar, Euro, Japanese Yen, and many other foreign currencies.
To view the complete list of currencies that are accepted,
click here.
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How do I avail of the services of Alfardan Exchange Company? |
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You may call or visit our main office or any of our forex stations strategically located in
different area in Qatar. Our friendly forex officers
and tellers would be glad to serve you.
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Are there any restrictions as to the amount I can deal with Alfardan Exchange Company? |
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There are no limits to the amount one can convert into pesos. For non-trade sales, one can purchase up to the maximum amount as prescribed by
QCB (Qatar Central Bank), cumulative within 20 calendar day period. Only an application to Purchase Foreign Exchange is required to be accomplished. For trade-related sales, there are no limits to the amount and frequency that a client can transact. However, submission of additional documents per
QCB is required.
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Are there any documents required before transacting? |
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When converting funds to pesos, you need to accomplish an FX slip form. For non-trade purchases of foreign exchange currencies, a duly accomplished application to Purchase Foreign Exchange form shall be required. In both occasions, presentation of 2 Valid IDs is required.
For trade purchases, the following requirements should be submitted to
Alfardan Exchange Company:
· Certified true copies of supporting documents
· Commercial Invoices
· Shipping Documents
· Duly accomplished and notarized application to Purchase Foreign Exchange form |
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