Abu Exchange Ltd.

Payment Solutions for anyone.

Abu Exchange is a UK-based remittance services Provider Company. Where our customer can send money to Afghanistan. A money transfer service offered to a sending customer whereby a remittance payment is made to a named receiving customer, often in Afghanistan. Thus, Abu Exchange Ltd is a Small Payment Institution and regulated by the Financial Conduct Authority as well as HM Revenue & Customs.
Registered Name: Abu Exchange Ltd
FCA Registration Number: 914117
Company Number: 11892157
MLR Reg No: XQML00000142389
ICO. Registration Ref: ZA572889

Why choose Abu Exchange?

Here are the top 4 reasons why using an Abu Exchange Ltd. account makes managing your money simple and reliable:

Easy to use

Our platform is super user-friendly. Just choose your sender, enter the amount, and hit send — that’s all you need to transfer money.

Faster Payments

We deliver your funds quickly, so whenever you need to send money to your loved ones, Abu Exchange Ltd. makes it faster and easier.

Zero Fees

We charge zero fees on transfers to Afghanistan. Plus, whenever you need support, Abu Exchange Ltd. is here to help.

100% secure

Your money is safe with us. Transfers are made through trusted and verified local financial institutions, giving you complete peace of mind.

Send money in 3 simple steps

Create your transfer

Using our platform, you tell us how much money you’re transferring and who will recieve the transfer.

Pay for your transfer

You then transfer the funds to our local Abu Exchange bank account where you are. This is a domestic transfer and you will not be charged for this by your bank.

Payment made to recipient

Once we have received your cleared deposit, into our local account, we will perform the currency exchange and transfer the funds to your beneficiary.

Abu Exchange Ltd. Financial Crime Prevention Policy

Abu Exchange Ltd.’s approach to preventing, detecting, and reporting financial crimes covers the following key areas:

Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD)
- Verifying customer identity and conducting risk-based assessments.
- Conducting additional checks for high-risk transactions and customers.
Sanctions & Politically Exposed Persons (PEP) Screening
- Screening customers and transactions against UK, UN, OFAC, and EU sanctions lists.
- Monitoring transactions for PEPs and individuals with ties to high-risk countries.
Suspicious Activity Detection & Reporting
- Using our transaction monitoring systems to monitor transactions in real time and flag suspicious activity.
- Submitting Suspicious Activity Reports (SARs) to the UK’s National Crime Agency (NCA) when needed.
Record-Keeping & Compliance Monitoring
- Storing customer records, transaction details, and due diligence documents for five years, as required by UK law.
- Conducting internal compliance audits and reporting findings to senior management.

To ensure effective enforcement, Abu Exchange Ltd:

Implements a Risk-Based Approach (RBA) to assess and mitigate financial crime risks.
Provides annual AML/CTF/CPF training to employees and agents.
Uses transaction Monitoring Systems for transaction tracking, customer verification, and compliance reporting.
Reviews and updates this policy annually or when regulatory changes occur.