Transfer rates
Customers repeatedly report competitive rates for sending money to India, the Philippines, Nepal, Uganda and Bangladesh.
Jumeirah Beach Residence
Sharaf Exchange on The Walk in Jumeirah Beach Residence handles currency exchange and money transfers, with customers often using it to send money to India, the Philippines and other destinations. Reviews also mention salary-transfer and WPS support, alongside helpful staff and competitive rates for selected currencies.
Source: Google Maps
Customers repeatedly report competitive rates for sending money to India, the Philippines, Nepal, Uganda and Bangladesh.
Employers describe salary transfers as hassle-free, with pleasant staff supporting the process.
Reviews mention responsive help with WPS, including company salary processing through the branch.
A repeat customer compares rates by phone and says the branch supplies euros, pounds, US dollars and other currencies.
Several customers describe the team as accommodating and friendly, especially when an exchange issue needed resolving.
Check notes. Inspect every US bill before leaving, especially for international travel: one traveller says marked notes were rejected in Moscow.
Compare rates. Call nearby exchanges and compare first; one repeat customer says they call around before buying euros, pounds or dollars.
Bring passport. Bring your passport for an exchange, since one review says the branch refused service without it.
Allow time. Leave extra time for the transaction: one customer reported waiting 15–20 minutes for a single exchange.
Confirm fees. Ask for the final rate and any added fee at the counter, as one customer reported both an unfavourable rate and an extra charge.
Plan the visit
| Mon | 10:00 AM – 10:00 PM |
| Tue | 10:00 AM – 10:00 PM |
| Wed | 10:00 AM – 10:00 PM |
| Thu | 10:00 AM – 10:00 PM |
| Fri | 10:00 AM – 10:00 PM |
| Sat | 10:00 AM – 10:00 PM |
| Sun | 10:00 AM – 10:00 PM |
One traveller says $1,500 in marked US bills was refused by every bank and exchange office in Moscow.
A customer reported seeing 4.84 online but being offered 4.59 at the branch, and another cited extra fees.
One exchange reportedly took 15–20 minutes, compared with 2–3 minutes at a nearby competitor.
A review says the branch would not exchange money without a passport.
One customer felt mocked during the transaction and says an incorrect phone number was given.
The Bottom Line
Sharaf Exchange on The Walk serves people in Jumeirah Beach Residence who need currency exchange or money transfers. Reviews most often discuss sending money to India, the Philippines, Nepal and other destinations, with some customers returning for years because they feel the rates are competitive. Travellers also use the branch to buy currencies such as euros, pounds and US dollars.
The branch handles more than one-off exchanges. Customers mention salary transfers for employees and WPS services for company payroll, describing these as hassle-free in several reviews. A separate review praises the buyback service, although it gives no transaction detail.
Friendly, accommodating assistance is a recurring theme, and one customer said an issue was resolved professionally. There are important checks to make before committing. 59 at the branch, while another complained about poor rates and an added fee.
Compare the final rate and charges with nearby exchanges first. Timing can also vary; one exchange reportedly took 15–20 minutes. If you are travelling internationally, inspect every note before leaving: a customer said coloured marks on US bills led to rejection in Moscow.
Bring your passport, too, as one reviewer was refused an exchange without it.