EASTERN Exchange Company WLL has been a pioneer in providing Foreign Exchange Services in Qatar for over three decades. The company was initially established with the name Eastern Banking and Financial Organisation by the great visionary Sri. Abdul Rahman M M Al-Muftah as proprietorship firm in 1979 for doing currency exchange business in Qatar. Later on the name was changed as Eastern Exchange Establishment in 1997 and from 2015, the exchange has assumed the status of Limited Liability Company.
Initially the exchange house was doing money exchange business. International operation started during November 1979 with remittance arrangement to Bangladesh. Indian operation started during 1980. Operational area further expanded to neighbouring Asian countries during 1981.
A major breakthrough in functioning of the exchange came from the management contract entered with Canara Bank, the leading Nationalised Bank from India during November 1982 which enabled issue of Demand Draft drawn in India under Rupee Drawing arrangement. Presently Eastern Exchange is the only exchange house/bank in Qatar issuing Demand Drafts mainly catering to the requirement of students from Qatar seeking admission for higher education in India.
The exchange is presently having 5 branches viz., (1) Jaidah Towers, Doha, (2) New Al Atiya Market – Industrial Area, (3) Near Chippi Roundabout – Al Wakrah, (4) Opp Ajmal Food Centre – Al Aziziya and (5) Opp to Souq Haraj – Najma.
Presence of staff from different countries like India, Bangladesh, Sri Lanka, Pakistan, Philippines & Egyptat counter makes our customers comfortable with the feel at home.
The exchange house has online money transfer arrangement with almost all part of the world under strategic partnership with major banks and money transfer agencies. The key strength of the exchange house is dedicated staff, personalized customer service, loyal customers and value for money pricing of services.
Company Details
- Employees
- 24
- Founded
- -
- Address
- Near Doha Petrol Station, Mushreib,qatar
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- easternexchange.com.qa
- HQ
- Doha, Qatar
Eastern Exchange Co Wll Questions
Eastern Exchange Co Wll's website is easternexchange.com.qa
Eastern Exchange Co Wll's LinkedIn profile is https://qa.linkedin.com/company/eastern-exchange-establishment
Eastern Exchange Co Wll has
24 employees.
View email and phone details for 24
employees at Eastern Exchange Co Wll.
Eastern Exchange Co Wll's industry is
Financial Services
Eastern Exchange Co Wll's top competitors are
Lulu Exchange,
Doha Exchange,
Arabian Exchange Company, Qatar,
City Exchange Qatar,
Al Fardan Exchange,
Al Mirqab Exchange,
Habib Qatar International Exchange Ltd,
Al Jazeera Exchange,
Lulu Exchange Qatar,
Gulf Exchange.
Eastern Exchange Co Wll's categories are Financial Services
Eastern Exchange Co Wll's founding year is 1979
