Who is Sundus exchange?

(Rates updated every 24 hours. Rates are indicateive only.) Sundus Exchange has grown to become one of the leading providers of retail, travel and commercial foreign exchange services to businesses and individual private clients in the United Arab Emirates.

How does a currency exchange work?

Currency exchange of physical money (coins and paper bills) is usually done over the counter at a teller station, which can be found in various places such as airports, banks, hotels, and resorts. Currency exchanges make money by charging a nominal fee and through the bid-ask spread in a currency .

Is wise a good currency exchange service?

With Wise, you get the real exchange rate (the one you see on Reuters, Google and Yahoo), and you pay a small fee. The service is fair, transparent, and costs far less than high street banks and other currency exchange services. But I don't usually pay a transaction fee!

Where are exchanges located?

An exchange may be a physical location where traders meet to conduct business or an electronic platform. They also may be referred to as a share exchange or " bourse," depending on the geographical location. Exchanges are located in most countries worldwide.