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Credence
Group - Dollar East Exchange Company |
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Dollar East Exchange
Company (Pvt.) Limited is a leading exchange company
in Pakistan. The company is one of the pioneers
to start currency exchange business in the country.
It was amongst the first companies to receive the
license of money changer from State Bank when this
business was regularized in 1992. When State Bank
established exchange companies in Pakistan in 2002,
Dollar East was the second exchange company to be
awarded permission. It received exchange company
License on 2nd May 2003 and commenced its operation
on 7th July 2003. |
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Under the exchange
company license, Dollar East is authorized to deal
in the business of currency exchange, travellers'
cheques, notes, postal notes, money order, bank
drafts and inward/outward remittances in a regulated
environment. The company is authorised to set up
its own branches or grant franchise arrangements
for full range of services. The Company is also
allowed to establish its own or franchised payment
booths for inward remittances all over Pakistan. |
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The company currently
operates a network of 15 branches which are strategically
located in all high potential areas. The company
has aggressive plans to expand its branch network
to other areas of Pakistan. The company is also
in the process of setting up franchised network
of currency exchange booths and payment booths network
in both rural and urban areas of Pakistan. |
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Dollar East 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
improved to ensure the customers are provided with
speedy, convenient and secure delivery of service. |
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The Company is a good corporate citizen. It always operates within the provision of the national and international law. 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 & responsibilities in the international anti-money laundering drive. |
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