About Us

Our Story

United Gulf Exchange Company was founded in 1999, based in Kuwait City, Kuwait. UGEC opened its first branch in Mubarakiya and began providing currency exchange and money remittance services to the people of Kuwait. We continue to expand to numerous locations across Kuwait and build a global network that increases our customers global reach and connectivity, while always prioritizing customer satisfaction.


Vision Statement

"Create a reliable global money remittance network that enables the worldwide reach and connectivity for the people & companies of Kuwait"


Mission Statement

Providing money remittance services to even more countries by opening new branches across Kuwait, providing advanced online services, and expanding our solid agent networks. All while focusing on our company values:

  • Focus on providing customer-centric services
  • Excellent customer care
  • Honesty and reliability
  • Providing the most competitive rates