Navigate UAE regulatory requirements with confidence. Complete guide to Central Bank of UAE compliance for international business payments.
CBUAE licensed exchange houses in UAE
Compliant when working with licensed providers
Typical compliance verification time
The Central Bank of the United Arab Emirates (CBUAE) is the primary financial regulatory authority in the UAE, responsible for overseeing all monetary and banking activities, including foreign exchange operations.
Full Authorization - Highest Level
Limited Authorization
Delma Exchange holds a Category 1 license, providing full authorization for all business payment services.
Valid and current trade license issued by relevant UAE authority
Certificate of incorporation or business registration
Board resolution with authorized signatories for transfers
UAE bank account statements (last 3-6 months)
Valid Emirates ID of authorized signatory
Valid passport with UAE residence visa
For employed individuals (if applicable)
For trade payments - detailed invoice with goods/services description
For service payments - contract or agreement
Official purchase order or work order
Complete recipient information and bank details
Working with experienced providers like Delma Exchange ensures your documentation meets all CBUAE requirements from the start.
Gather all required company, personal, and transaction documentation as per CBUAE guidelines.
Licensed provider conducts Know Your Customer and Anti-Money Laundering verification procedures.
CBUAE licensed provider reviews transaction against regulatory requirements and risk parameters.
Upon compliance approval, transfer is processed according to CBUAE guidelines and reporting requirements.
Document review for existing clients
New client onboarding and verification
Transfer execution post-compliance
Stricter customer identification and verification procedures for business accounts.
Increased adoption of digital channels and electronic documentation acceptance.
Elevated cybersecurity and data protection requirements for all licensed providers.
Delma Exchange's expert dealers guide you through all regulatory requirements, ensuring your business payments meet CBUAE standards while maximizing efficiency.
✓ Free consultation ✓ Expert guidance ✓ CBUAE compliant processing
Using unlicensed providers violates UAE regulations and puts your business at risk. You may face penalties, have no recourse for disputes, and risk losing funds. Always verify CBUAE licensing before engaging any FX provider.
Check the official CBUAE website for the licensed institutions list, or ask the provider for their license number. Licensed providers will readily share this information and display their licensing status prominently.
Non-compliance can result in fines, transaction delays, account freezing, and in severe cases, legal action. Working with licensed providers ensures compliance and protects your business from regulatory issues.
UAE regulations require keeping transaction records for at least 5 years. This includes all supporting documents, compliance certificates, and communication records. Licensed providers typically maintain these records as well.
Yes, regulations can change. Working with experienced, licensed providers like Delma Exchange ensures you stay updated on regulatory changes and maintain compliance without disrupting your business operations.