Formerly known as Al Sheibei Exchange and Finance Company, National exchange was managed by Syndicate Bank India from 1983. Now the company is owned by the Royal Al-Thani Family. With effect from March 2015, the Board of Directors decided to let a local management team to handle the business operations. They have currently 5 branches spread across Qatar and they serve all remittance requirements of Indian, Nepal, Bangladesh, Sri Lanka, Pakistan, Philippines, Egypt, GCC Countries and throughout the world.