Central Bank revokes licence of Gomti Exchange — money transfer operators
The Central Bank of the UAE (CBUAE) has revoked the operating licence of Gomti Exchange, a money transfer service provider. This affects all customers holding funds or pending transactions with the operator. Customers must immediately cease use of Gomti Exchange and contact the CBUAE or seek alternative licensed money transfer providers.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Stop all transactions with Gomti Exchange immediately. Contact the CBUAE or switch to an alternative licensed money transfer operator. If you have outstanding funds or pending transfers, contact the CBUAE for guidance on recovery procedures.
Source
“The Central Bank of the UAE (CBUAE) has revoked the operating licence of Gomti Exchange, a money transfer service provider.”
— Central Bank of UAE, 31 Jul 2025
Source: Central Bank of UAE — official 31 Jul 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Stop all transactions with Gomti Exchange immediately. Contact the CBUAE or switch to an alternative licensed money transfer operator. If you have outstanding funds or pending transfers, contact the CBUAE for guidance on recovery procedures.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
31 Jul 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-revokes-licence-of-gomti-exchange/
Subscribe — free
Get the next change before it's a deadline
The whole front, every morning. Free.