Kafe | Kafe

ABOUT US

KHALIL AL FARDAN EXCHANGE

A MEMBER OF

Khalil Al Fardan Exchange, established in 1970 by Mr. Fuad Khalil Ibrahim Hassan Al Fardan, is a prominent Sole Proprietorship concern. Licensed by the Central Bank of the U.A.E in 1986 as a Category B exchange company (specializing in remittances and currency exchange), the company has a rich history and strong ties to the well-known Al Fardan family—a name synonymous with business acumen in the Gulf region.

Our Product and Services

Remittance

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Currency Exchange

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Instant Cash Payment

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Our Mission

Our mission at Khalil Al Fardan Exchange is clear and resolute: to provide superior, proactive service to niche markets globally. We achieve this by delivering value-added solutions through a team of professional and highly motivated individuals who specialize in creating tailor-made financial solutions.

Our commitment extends beyond mere transactions; it encompasses building lasting relationships with our clients. We strive to understand their unique needs and offer personalized services that go beyond expectations. Whether it’s facilitating international remittances, currency exchange, or other financial services, we stand by our mission to serve with excellence

Our Vision

At Khalil Al Fardan Exchange (KAFE), our vision is clear and ambitious. We aim to be the exchange company of choice for both corporate mid-size businesses and retail customers. Our commitment to excellence is unwavering, and we uphold the principle of “Customers Come First” in all aspects of our operations. Every member of our dedicated team shares this ethos, ensuring that our clients receive exceptional service and reliable solutions. As we continue to evolve, we look forward to serving our community with integrity and innovation.

Our Values

At Khalil Al Fardan Exchange, our core values form the bedrock of our operations. These principles guide our actions, decisions, and interactions with clients and partners. Let’s delve into them:

Client-Centric Approach: Our clients are at the heart of everything we do. We prioritize their needs, listen actively, and tailor our services to exceed their expectations.

Integrity and Trust: We uphold the highest standards of integrity. Trust is earned through transparency, honesty, and ethical conduct.

Performance Excellence: We strive for excellence in every aspect of our work. Our commitment to superior performance drives us to continuously improve and innovate.

Interpersonal Relationships: Building strong connections matters. We foster relationships with clients, colleagues, and stakeholders based on respect, empathy, and collaboration.

As we continue our journey, these values remain our compass, guiding us toward a future of growth, reliability, and positive impact.

Our Motives

Khalil Al Fardan Exchange (KAF Exchange) operates with a clear focus on customer satisfaction and excellence. Here’s how we approach our mission:

Customer-Centric Approach: Our unwavering commitment is to our customers. We continuously strive to understand their needs, preferences, and expectations. By putting our clients first, we ensure that our products and services align with their requirements.

Continuous Improvement: We regularly evaluate and enhance our infrastructure, systems, and procedures. This ensures that our customers experience speedy, convenient, and secure service delivery. We adapt to changing market dynamics and technological advancements.

Quality Service: Our primary motive is to provide top-quality service to our valued customers. Whether it’s currency exchange, remittances, or other financial solutions, we aim for excellence. Our reputation as a trusted name in the UAE exchange market reflects this commitment.

As we move forward, we remain dedicated to our core values and the satisfaction of those we serve.

What We Offer:

Global Connectivity:We empower our customers to connect locally and globally through our payment solution system. Whether you’re sending or receiving funds, our reliable and timely remittance services span the globe.

Strong Network:Leveraging our extensive network of international banks and accredited financial institutions, we ensure seamless transactions.

Compliance and Security:We adhere rigorously to international compliance and KYC (Know Your Customer) requirements, prioritizing the safety and security of our clients’ financial transactions.

At Khalil Al Fardan Exchange, we blend tradition with innovation, providing efficient and customer-centric financial services. Join us on this journey as we continue to evolve and serve our community.

AML and Compliance

AML and Compliance at Khalil Al Fardan Exchange

Khalil Al Fardan Exchange (KAF Exchange) is committed to maintaining the highest standards of Anti-Money Laundering (AML) compliance. Here’s how we ensure a secure and transparent financial environment:

Sophisticated Systems:
We have implemented sophisticated systems designed to combat money laundering activities and identify suspicious transactions. Regular updates to our database keep us aligned with regulations issued by the Central Bank of the UAE.
Staff Training and Implementation:
Our circulars and policies are thoroughly discussed with staff members, ensuring full understanding and compliance. We believe that well-informed employees are essential for effective AML practices.
Automated Monitoring:
An advanced automatic system monitors all transactions for potential money laundering activities. Our objective is to vet every transaction, ensuring adherence to UAE’s AML regulations.
Reputation Protection:
Through internal regulations, we design and implement policies that safeguard against reputational damage. Our commitment to compliance ensures that Khalil Al Fardan Exchange remains the preferred choice for safe and secure financial transactions.
Client-Centric Approach:
As we strive to be the No. 1 choice for our clients, we provide a safe, secure, and efficient method for remitting and exchanging funds.

The Management

Fuad Khalil Ibrahim Hassan Al Fardan (Chairman)

Fuad Khalil Ibrahim Hassan Al Fardan, the Chairman of Khalil Al Fardan Exchange, is a prominent figure in the UAE's business community. Hailing from the renowned Al Fardan Family, Fuad embodies a legacy of business acumen and success. He holds a degree in International Business from Southwestern University in Texas, providing him with a strong foundation in global business practices

With over 35 years of banking experience, Fuad's most recent role was as Senior Manager at Abu Dhabi Commercial Bank in Dubai, one of the UAE's largest banks. His extensive career is marked by significant contributions to the financial sector, demonstrating his dedication and expertise.

Fuad's journey exemplifies hard work, continuous education, and a positive attitude. He serves as a role model for aspiring Emirati entrepreneurs, showcasing what can be achieved with determination and the right mindset. Beyond his professional achievements, Fuad is committed to community and philanthropic activities, supporting initiatives that foster economic development and social well-being in the UAE

Sujeesh N Sukumaran (General Manager)

Sujeesh N Sukumaran is the current General Manager of Khalil Al Fardan Exchange, bringing an impressive 14 years of extensive experience in the financial industry, particularly in money exchange and remittance. His expertise spans Anti-Money Laundering (AML) systems, banking operations, risk management, and internal audits, demonstrating a deep understanding of financial processes.

As an Associate member of the Anti-Money Laundering Specialist (ACAMS), Sujeesh contributes to designing AML programs, training, and enterprise-wide risk assessments. His background in retail operations and correspondent banking further adds to his diverse skill set.

Sujeesh holds several qualifications, including CA – PE II/Inter from the Institute of Chartered Accountants of India, an MBA in Retail Operations from Sikkim Manipal University in India, ACAMS – Associate in Anti-Money Laundering Specialist from the USA, and a Bachelor of Commerce from Calicut University in Kerala, India.

Sujeesh’s expertise and leadership continue to drive excellence and innovation in financial services at Khalil Al Fardan Exchange.

Mohideen Mahammud (Compliance Head)

Mohideen Mahammud's extensive 35-year career in the banking sector is truly remarkable and speaks volumes about his expertise and dedication. Over the decades, he has accumulated a wealth of experience by working across various divisions of some of the most prominent banks in the United Arab Emirates, including Union National Bank, Abu Dhabi Commercial Bank, and Emirates NBD.

Throughout his illustrious career, Mohideen has likely encountered and successfully navigated a multitude of banking challenges and complexities. His experience across different divisions suggests a comprehensive understanding of the banking sector's various facets, from retail and corporate banking to investment and risk management. This diverse background has equipped him with a holistic view of banking operations and strategic insight into how different parts of a bank can work together seamlessly

Since August 2016, Mohideen has been serving as the Head of Compliance. In this critical role, he oversees the exchange adherence to regulatory requirements and ensures that all operations comply with local and international laws and regulations. His responsibilities include developing and implementing compliance policies, monitoring and reporting on compliance issues, and ensuring that the exchange activities do not expose it to undue risks.

Mohideen's expertise in regulatory matters and risk management is underscored by his extensive experience and the trust placed in him to lead the compliance function. His role is crucial in safeguarding the exchange reputation, maintaining regulatory compliance, and managing risks effectively. His deep knowledge of exchange regulations, combined with his practical experience, makes him an invaluable asset to the organization.

Mohideen's career trajectory exemplifies a commitment to excellence and continuous learning, making him a respected leader in the exchange sector. His contributions have likely had a significant impact on the exchange he has worked with, ensuring they operate within the bounds of the law while striving for operational excellence and sustainable growth.

Abdulla Kovath (Operations Manager)

Abdulla Kovath's background is indeed remarkable, blending commerce and technology. He holds a Bachelor of Commerce (BCom) degree, which provides him with a solid understanding of business principles, financial management, and economic theories. Complementing this, he has also earned a diploma in Electronics and Telecommunication, equipping him with technical knowledge and skills in the rapidly evolving field of telecommunications and electronic systems.

With an impressive tenure of 15 years in the exchange company sector, Abdulla has amassed a wealth of experience and expertise. His deep understanding of the industry's dynamics, regulatory requirements, and market trends has undoubtedly contributed to the company's success and stability.

Since January 2015, Abdulla has served as the Operations Manager, a role that places him at the helm of the company's operational activities. In this capacity, he likely oversees critical aspects such as transaction processing, customer service, compliance with regulatory standards, and the implementation of strategic initiatives. His dual background in commerce and technology positions him uniquely to drive operational efficiency, innovate processes, and ensure the company stays competitive in an increasingly digital and interconnected marketplace.

Abdulla's journey illustrates a blend of academic achievement and practical experience, making him a valuable asset to his organization and a noteworthy figure in the exchange company industry. His leadership and expertise continue to play a pivotal role in shaping the company's operations and contributing to its ongoing success.

We Provide Fast, Safe & Reliable Global Money Transfer

We Provide Fast Global Money Transfer

We Provide Safe Global Money Transfer

We Provide Reliable Global Money Transfer

Our Products and Services

New Branch Coming Soon at Naif Road, Deira, Dubai

1 AED = 0.272 USD

CONVERT VALUE DISPLAY

KHALIL AL FARDAN EXCHANGE

Our Product and Services

Remittance

Currency Exchange

Instant Cash Payment

Our Mission

Our Vision

Our Values

Our Motives

What We Offer:

At Khalil Al Fardan Exchange, we blend tradition with innovation, providing efficient and customer-centric financial services. Join us on this journey as we continue to evolve and serve our community.

AML and Compliance at Khalil Al Fardan Exchange

The Management