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About the Company

Universal Exchange Company-B (Pvt) Ltd. was incorporated under Companies Ordinance 1984 on 29th June 2004, in Lahore, Pakistan.

Under the directive of State Bank of Pakistan, (F. E. Circular No.9 Dated 30th July,2002 Promulgation of Ordinance No. XXX of 2002 for the amendments in Foreign Exchange Regulation Act. 1947) for establishment of Exchange Companies, which were required to replace the existing system of Authorized Money Changers, last date mentioned as 30th July, 2004.

In the light of above fact, M/S UNIVERSAL EXCHANGE COMPANY-B (PVT) LTD., was incorporated under the Companies Ordinance 1984 in Karachi, Pakistan to cop with the present working environment. SECURITIES & EXCHANGE COMMISSION OF PAKISTAN, Vide Company Registration No issued certificate of Incorporation: K-09411 of 2002-2003 Furthermore, State Bank of Pakistan has also issued Exchange Company License No: 13, under state Bank of Pakistan Letter No: EPD/9180/24(31) EC-/2003 dated 14th Nov, 2004 and renewable after three years.

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