Exchange currency at a gain, Change for the best again
Foreign exchange services consist of the spot buying and selling of foreign currency notes and coins to all categories of clientele including individuals, corporate entities and banks. Currency exchange services have always been the driving force culminating to the economic success that CEL currently enjoys. Currency exchange is indeed the core business segment of CEL with trading dating back to 1999. Hence, with such a long-lasting acquired business experience, forefront exposure and active participation in the domestic foreign exchange market, CEL is now a Specialist in foreign exchange services.
CEL is amongst the first operator within the local foreign exchange industry to conduct money changing activities. By virtue of its relentless aspiration to become the most innovative and dynamic currency exchange operator in the industry, CEL has pioneered the introduction of various tradable currencies for the ultimate benefit and satisfaction of its clients and overall market participants.
CEL is amongst the first operator within the local foreign exchange industry to conduct money changing activities. By virtue of its relentless aspiration to become the most innovative and dynamic currency exchange operator in the industry, CEL has pioneered the introduction of various tradable currencies for the ultimate benefit and satisfaction of its clients and overall market participants.
At CEL, you are sure to make the most out of your foreign currency conversion transaction because CEL provides you with the best services in terms of:-
For all currency exchange transactions with CEL, customers are strongly recommended to bring along a recent and valid Identification Document which includes National Identity Card, Passport or Driving Licence.
For transaction involving voluminous amount of currencies or pertaining to a higher frequency of regular dealings, customers are advised to produce a recent (not older than 3 months) Proof of Address (e.g utility bill or bank statements), together with supportive Source of funds documents (e.g pay slips, bank statements showing cash withdrawals, pension receipts, deed for sale of assets, etc)
Switch currency in a SWIFT, seamless and secure manner by a single click
Funds transfer transaction is an electronic transfer of money from one bank account to another bank account, normally through the SWIFT network. Thus, as part of its legitimate business activities as a Foreign Exchange Dealer (FED) licensed entity, CEL carries out the purchase and the sale of foreign currencies as held over foreign currency bank accounts at superior Telegraphic Transfer (TT) exchange rates with Registered Client.
Indeed, any individual or corporate entity, who experience Inwards remittances or who has obligations for Outwards transfers, as part of the hereunder non-exhaustive list of activities, and which altogether entail settlement in a foreign-currency denominated symbol, are offered the beneficial opportunities by CEL to avail its premium Funds
Transfer services at attractive TT exchange rates, which are relatively more competitive than that quoted by commercial banks.
The Funds Transfer services of CEL to be provided to any person desirous to benefit from preferential TT exchange rates, shall prior be subject to the below mentioned scope of services and terms and conditions.
By placing their utmost trust in CEL to meet all their ensuing needs for Inward funds transfer or international payments, the Registered Client of CEL are endowed with the following premium services:-
Application for funds transfer services can be made at any of the branches of the Company or at its Head Office, whereby our staff members would be delighted to provide you with a comprehensive overview of the KYC documentations needed to undertake Funds Transfer services with CEL.
Moving borderless money globally for your best
Money remittances services involves the sending and receiving money, through digital, mobile and retail channels, from one place to another, in a fast and reliable manner. Mauritius attracts a significant amount of inward and outward money remittances on a regular basis by virtue of its unique geographical position and diversified cultures, and owing to the growing number of Mauritian expatriates and diaspora living overseas and coupled with its high density of foreign workers.
In accordance with its Foreign Exchange Dealer licence, CEL is duly authorised to conduct money remittance. In order to ensure that the prospective customers of CEL, desirous to avail money remittance services, are provided with the most cost effective and highly efficient global payment solutions, CEL is currently undertaking a screening exercise with a forthwith view of partnering into an agency relationship with a leading money transmitting franchiser.
At CEL, we extremely value the needs and concerns of persons seeking the means of sending their hard-earned income to their far-away family and loved ones by ensuring that the highest amount is received speedily. In a bid to shorten this physical distance and to ensure a permanent people connectivity, CEL shall favour the alliance with such a world class money transmitter having the following premium characteristics, for the ultimate benefits of our prospective customers.
By choosing CEL for any money transfer services, our customers shall be highly privileged and satisfied to benefit from the hereunder best services and unique positive customer care experience:-
For more information, go to the KYC Awareness section falling under the Customers Corner page to have a comprehensive overview of the applicable KYC requirements to undertake Money Transfer transaction.