Money & ATM Scams in Abu Dhabi

Unlicensed Currency Exchange Commission Trap

Unlicensed money changers operating near the Corniche and in older commercial districts offer exchange rates slightly above the official rate to attract tourists. After the transaction, they reveal a substantial "commission" or "handling fee" that was never mentioned upfront, effectively giving a worse deal than any licensed exchange bureau. Some use sleight of hand during note counting to short-change visitors. UAE law requires all exchange operators to be licensed by the Central Bank, but enforcement is inconsistent in informal areas.