Association of Licensed Forex Bureaus (ALFOB)

The Association of Licensed Forex Bureaus in The Gambia (ALFOB) is a legal entity established in 2004 to represent the interests of its stakeholders in the foreign exchange bureau industry in The Gambia. ALFOB seeks to provide a united front for its members while promoting high standards of professional conduct and practices in the industry.

• Provide a central organization that unites foreign exchange bureaux in The Gambia and ensures honest and efficient service to the public through high standards of professional conduct and practices.
• Make recommendations to the Central Bank of The Gambia on matters related to the foreign exchange market and ensure compliance with the Central Bank’s guidelines on foreign exchange bureaux issues.
• Foster cordial working relationships with the Central Bank, Commercial Banks, and other Financial Institutions, while promoting the interests and welfare of its members and establishing business relations among them.
• Organize training for members as necessary and disseminate relevant information through bulletins, seminars, workshops, lectures, and the mass media for the education of members of the Association and the general public.