City Foreign Exchange Ltd. (aka City Forex) was incorporated in Hong Kong in 1996, starting off with one retail outlet in an inner alley of the famous Chung King Mansion which is at the heart of the bustling Tsim Sha Tsui area. In the subsequent years since its inception, City Forex branched out domestically as well as internationally. In 1998 City Forex became an Agent of Western Union Financial Services and presently offers the Western Union Money Transfer service out of its own locations as well as through its vast network of Sub Agents in Hong Kong, Australia, Fiji Islands and New Zealand.
PRODUCTS & SERVICES
Foreign Exchange - City Forex offers the finest Foreign Exchange rates and all foreign exchange transactions are Commission Free and have no charges/fees. Whether you are a tourist coming into one of our locations or a Corporate exchanging your foreign currencies or even if you are a Corporate OR an Individual embarking on a travel abroad, City Forex is the only place which will cater to your multiple foreign exchange needs. We deal in all the Major currencies of the world and we can source the same for our valuable clients (whole sale as well as retail). We have also invested in state of the art Scanning and Counting Machines which assist in checking for counterfeit currencies and which makes counting and checking of large volume cash much faster. City Forex also purchases American Express Travelers’ Cheques.
Western Union Money Transfer - All City Forex locations offer Western Union Money Transfer service. Please click here to find the list of City Forex locations.
Direct to Bank INDIA Service- City Forex has arrangements with Indian Banks which ensures direct credit to any Bank Account in India within 24 hours through RTGS and NEFT. We offer the most competitive rates through our locations. Very soon you will be able to apply online for our Direct to Bank INDIA Service, wherein your application for such remittances will be received online and our dedicated team will verify, scrutinize and process the same through our system. This is subject to compliance checks and further to receipt of cleared funds into our account. This paves the way for a seamless process of the Online Application for Direct to Bank India Service.
Drafts and Telegraphic Transfers- City Forex can issue Drafts in all major Currencies payable at the respective locations depending on the currency. We also process Telegraphic Transfers on behalf of Individual and Corporate Clients.