ABOUT ALAMOUDI EXCHANGE COMPANY

Alamoudi Exchange Company is a leading exchange house in Saudi Arabia dealing in foreign bank notes and money transfer.

Alamoudi Exchange Co conducts it money transfer business through direct arrangements with corresponding banks and exchange companies as well as through international express money transfer companies. It has established drawing arrangements with a good number of banks around the world. It is one of the top three companies in the region in term of the number of correspondents.

Over the years, the company has carved a niche position and earned goodwill in the currency exchange and money transfer market by providing dependable, speedy and economical services along with best customer care.

Alamoudi Exchange Co is a member of IAMTN (International Association of Money Transfer Networks).

History

The company, officially registered in 1963, is owned by the Alamoudi family that has been in the exchange business for nearly three generations. The long association of the Alamoudi family with money exchange business dates back to the days when there was no formal money and banking system in Arabia and people used full-bodied coins for storage of value and limited exchange transactions in urban areas. Money exchangers operated particularly for pilgrims to Makkah and had informal connections with international currency markets. The Alamoudi family witnessed the birth and growth of the Saudi money and banking sector.

Chairman's message. (Message from Management)

We highly appreciate the trust and support that our customers have given us through out our existence. It is their confidence in us which is our greatest asset and our motivating force that keeps us working ceaselessly to find ways and means to provide them the best and most convenient service.

We thank our customers for their support and would like to assure them that customer satisfaction is our number one priority. We will always work to come up to your expectation.

Our Values

At Alamoudi Exchange Co, we conduct our business with utmost honesty, and integrity. We work with our tie-ups and correspondents as partners in a team to meet the needs and expectations of our customers and to deliver on our promise of excellence, convenience and dependability.

Integrity

We are committed to ethical and honest behavior in our dealings with our customers, business partners, competitors and employees. In conducting our business we obey the law and comply with all rules and regulations.

Respect

We promote in our organization the culture of respect for diversity and differences. We respect the rights of our customers and all parties we deal with.

Teamwork

We believe in teamwork, that we can achieve our goal of providing our valued customers the service they deserve only by working as a team.

Vision

To make Alamoudi Exchange Company a trusted name worldwide.

Mission

  • To expand the network of branches.
  • To expand our customer base by providing the best in class service and convenience at an affordable price.
  • To make use of the latest technologies and pass the benefits to our customers.
  • To expand to new markets.
  • To keep improving our services and customer satisfaction.