Foreign Currency Exchange in Dubai
Institutions make money out of the process of exchanging one currency for another.
The spot rate is where one currency naturally floats against another, however, institutions will move this rate to ensure that they make a margin on the trade – this is normal and most people accept it as common place for the service.
Adrian can introduce you to a broker who will endeavour to beat the rate that can be offered elsewhere.
For more information on Foreign Exchange as a resident in Dubai, please contact me by clicking below.