A forex bureau refers to a segment of authorized banking that sells and buys convertible currency from the public. They were first established, approved, and licensed in January 1995. Their main objective was to enhance competition and reduce the exchange rate in the foreign exchange market.
A forex bureau is a registered and licensed dealer regulated by the Central Bank of Kenya. CBK ensures that all bureaus run their businesses diligently and comply with the CBK act. A bureau de change plays a significant role in spot transactions, and sometimes they are the agents handling domestic money transfers.
Best Forex Bureau in Kenya
If you search for the best forex bureau in Kenya, Satellite Forex is your best bet. We are the leading Bureau de change Kenya and have been a significant player in the market since initiation. Our expert team works to ensure that all our client’s needs and expectations are met. We are hailed for offering quality services at the best forex bureau exchange rates in Kenya.
Satellite Forex has been in the business for almost a decade now. We strive to make the forex market less scary for traders by providing valuable insights that can translate to massive benefits. By partnering with us at Satellite Bureau de change, you will gain knowledge, skill, and confidence to make better trades.
Forex Bureau in Nairobi CBD
Satellite is the leading forex bureau in Nairobi CBD. The company is authorized and licensed by CBK to handle foreign exchange transactions. If you are looking for the nearest forex bureau near me, Satellite Forex Bureau is located at the heart of Nairobi for your convenience. Trust us for top-notch services at the best forex bureau exchange rates in Kenya today.
Forex Bureau Exchange Rates in Nairobi
Every forex bureau in Nairobi has different rates. Be sure to explore and choose the one offering the best forex bureau rates. Thankfully, Satellite Forex understands the ins and outs of the foreign market. This allows us to offer tailored services at the best forex bureau rates in Kenya today.
Why Our Forex Bureau
Personalized Services Guaranteed
At Satellite Forex Bureau, we earned an excellent reputation for our integrity, honesty, commitment, reliability, incredible customer service, and competitiveness. We understand that each of our clients expects unique financial solutions. That is why our team goes over and above to provide personalized services at the best forex bureau rates in the market.
Customer Service Available Round the Clock
At Satellite Bureau, our customers are our main priority. That is our team goes the extra mile to provide quality customer care and assistance available round the clock. Whether you are experiencing a technical hitch or have a query, these professionals are only one call away. Our goal is to form strong business partnerships that will improve with time.
Utmost Security to Private, Sensitive Information
When doing a withdrawal, you might be required to submit some personal and financial information. These include the amount you are withdrawing and your name. Fortunately, Satellite Bureau de Change is well equipped with state-of-the-art security features to protects your personal information from theft.
Affordability
The Satellite team allows you to enjoy the most competitive forex bureau exchange rate in the market. This makes it even easier for you to take profit orders. We want to ensure that you enjoy the utmost value for your investment.
Frequently Asked Questions
What is a Bureau de change?
This is an entity licensed and regulated by the Central Bank of Kenya Act to handle foreign currency businesses and transactions.
With the approval of the Central Bank of Kenya, forex bureaus can handle money transfer activities as mobile phone companies’ agents. They can also be sub-agents working with international money transfer agents such as Money Gram and Western Union.
Proper regulation is one of the most important factors to consider when choosing a bureau. Ask your bureau for a regulatory to prove that they are licensed and registered. This will keep you confident that your funds are in perfect hands.
How Much is the Dollar Selling Today in Kenya?
The dollar selling rate in Kenya today is Ksh. 76.77. The rates is not contacts but keeps on changing based on our rates.
Where Can I Exchange Foreign Coins in Kenya?
If you are searching for a forex bureau near me open now, Satellite Forex has your back. We buy and sell all major foreign currencies at the best Nairobi rates. Whatever your needs are, trust the best foreign exchange service provider for tailored financial solutions.
How Long Does it Take To Change Currency In Kenya?
First, find a forex bureau near me and contact them to see if they offer currency exchange services. It can take between 1-and 2 days to change your currency.
What would $100 US dollars be in Kenyan Currency?
$100 is equal to 11535 Kenya shillings. Just like other currencies it keeps changing.
What is 2000 Dollars in Kenyan Shillings?
2000 dollars is equal to KSh. 231980. Besides it can change, depending on the currency rates of the day.
Do You Change Saudi Riyal?
Yes. Satellite, the best forex bureau Nairobi CBD, can change your Saudi Riyal into Kenyan currency at the best rates.
Do You Change the Swiss Frank?
Yes. Satellite Bureau can exchange Swiss Frank with Kenyan currency. You can also trust us to exchange South Africa Rand, Chinese Yuan, Australian Dollar, Indian Rupee, and French Frank.