Royal International Exchange Co (Pvt) Ltd.

We are amongst the top 25 companies to receive Exchange Co License from State Bank of Pakistan having vast online network of Branches, Franchises and Payment Booth in the Country. RIEC obtained Exchange Co license Under License No. 25 in January 2005 and has since been conducting operations under the regulation of the State bank of Pakistan. In a short span of time, the company has achieved its expansion and revenue targets.



Company Profile

RIEC is a customer focused company and has always offered and maintained products, services and policies aimed at best satisfying the customer needs, The infrastructure, systems and procedures are regularly reviewed and empower to ensure the customers are provided with speedy, convenient and secure delivery of service.



We are authorized foreign currency / instruments sales purchase dealers from State Bank of Pakistan working as exchange company type – A. We purchase foreign currencies from walk in customers / local market and sell in local as well as in international markets. The company has a daily turn over of equivalent to US$ 2m to 3m. We export various FCs equivalent to $1.5 m (excluding US$) On the other hand import 1.5 m US$ through banking channels. The foreign currency is usually surrendered in inter-bank market.



We have agency arrangements with MoneyGram and Sigue and handle their remittance business across Pakistan. We are also authorized to sell Telegraphic Transfers and Demand Drafts to local customers from Pakistan to all over the world through our designated bankers.



The company is a good corporate citizen. It always operates with in the provision of the national and international laws. It is working closely with the regulatory authorities to promote the awareness and implementation of all regulatory requirements it is fully aware and responsive to its role and responsibilities in the international anti-money laundering drive.