Al Amoudi Exchange Company is a leading exchange house in Saudi Arabia dealing in foreign exchange and domestic and international money transfers. The company is headquartered in Jeddah. It conducts its money transfer business through direct arrangements with correspondent banks and exchange companies as well as through international instant money transfer operators. It is one of the top three money transfer companies in the region in terms of the number of correspondents and by far the largest exchange house dealing in foreign currency banknotes in Saudi Arabia.

The company is completing fifty years of its existence in 2012. Over the years, it has carved a niche position in the currency exchange and money transfer market by providing dependable, speedy, and economical service along with the best customer care. Alamoudi Exchange money transfer and currency exchange brand enjoy the trust of its customers and partners. Alamoudi Exchange Co is a member of IAMTN (International Association of Money Transfer Networks), the global trade association based in London.

About Alamoudi Exchange OCR-ID

In Partnership with Shetewy-Tech and GSA Analytics UK, Alamoudi Exchange OCR-ID was merged with secure pre-trained machine learning models RPC to detect, read, and verify the IDs scanned by Alamoudi Agents in Saudi Arabia in malls, airports, and downtowns. The system can easily read and verify National IDs and Work Visa IDs, in both English and Arabic.

Security and Encryption

Alamoudi Exchange OCR-ID is a CMEK-compliant. The data is automatically encrypted using an ephemeral key called a data encryption key (DEK). The DEK itself is encrypted by another key called the key-encryption key (KEK). When the ephemeral key (DEK) that was used to encrypt its temporary data is destroyed, the temporary data can no longer be accessed, even if the data hasn't been deleted yet.

Along with the security infrastructure built to accommodate unlimited loads of instant scans by Alamoudi Exchange Scan Points, The system is hosted on secure servers integrated with the award-winning firewall hardware, SonicWall NGFW Firewall. SonicWall firewalls, combined with our Capture Advanced Threat Protection (ATP) sandbox service, have been awarded ICSA Labs’ highest level of firewall, anti-malware, and advanced threat defense certifications.

Alamoudi Exchange Scan Points are all protected by the Saudi Anti-Cyber Crime Law. The Bureau of Investigation and Public Prosecution Shall carry out the investigation and prosecution of the crimes stipulated in this law.


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