The Saudi Central Bank (SAMA) licenses Trafileks Company to conduct money changing activities in Saudi Arabia, including the purchase, sale, and exchange of foreign currencies, as well as the import and export of currencies. This brings the total number of licensed money changers operating in Saudi Arabia to 64.

This decision reflects SAMA's endeavor to support the money changing sector, increase the efficiency of financial transactions, and promote financial solutions for financial inclusion in Saudi Arabia.

SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's website.