FE · FXPE
Foreign Exchange and Transfer Professional Exam (FE)
EX101A SAMA-mandated exam for front-line staff at money-exchange and transfer centres; each attempt costs SAR 1,000 and the pass mark is 70%. Practise 500 explained questions weighted to the seven official chapters.
Try 10 free questions and see your levelTake a full mock exam
- 100 questions in 120 min, like the real test
- 500 questions covering the main scoring topics, with explanations
- 70% pass mark, with targeted practice on your weak spots
See the gap to your target score Practise the units costing you the most marks A full mock exam like the real one
Every option explained so you understand why
If your exam were today, would you pass?
Try 10 free questions without signing up. Get your score and find your weak areas as soon as you finish.
Which institution sits at the apex of the Saudi banking system and is responsible for its soundness and effectiveness?
All 10 free questions with answers and an explanation for every option
What you get
- 500questions in the bankPractise with the answer shown right away, or sit a full timed mock
- 7unitsSplit by the exam syllabus
- 26flashcardsTo lock in terms and definitions
- 21quick review pointsEach unit in a few key lines
Unit map
- 01Structure of Money Exchange and Transfer Centres10 questions
- 02Effective Customer Service in Exchange and Transfer Centres20 questions
- 03Products and Services of Exchange and Transfer Centres10 questions
- 04Compliance in Financial Institutions and Effective Governance15 questions
- 05Fraud Concept and Impact on Exchange and Transfer Centres17 questions
- 06AML/CFT in the Kingdom of Saudi Arabia20 questions
- 07Business Conduct Rules8 questions
Exam facts
Foreign Exchange and Transfer Professional Exam (FE) — Number of questions: 100 questions. Exam time: 120 minutes. Pass mark: 70%. Calculator: A conceptual exam; the Academy does not list a personal calculator requirement. Exam fee: SAR 1,000. Source: Financial Academy (Last verified: 2026-11-06). Question bank: full mock exams of 100 questions in 120 minutes, like the real test with a result for every unit, plus 500 explained questions across 7 units, every option explained, a review of your mistakes, and two ways to practise: see the answer right away, or sit a full timed mock. Free questions: a 10-question diagnostic test covering the main units, no sign-up; at the end we compare your score with the pass mark and show your weakest units.
- Exam code
- FE · FXPE
- Exam language
- Arabic or English
- Number of questions
- 100 questions Source
- Exam time
- 120 minutes Source
- Pass mark
- 70% Source
- Calculator
- A conceptual exam; the Academy does not list a personal calculator requirement. Source
- Exam fee
- SAR 1,000 Source
Last verified: 2026-11-06
How to register
- No prior certificate or training programme is required to register.
- Create a Financial Academy account and choose the Foreign Exchange and Transfer (FE) exam and language (Arabic or English).
- Pay the exam fee (SAR 1,000) and choose the date and test centre.
- Arrive early with a valid ID that matches your registration name and follow the centre’s instructions.
Exam body
Financial Academy: Official website: Financial Academy
Study guides
Frequently asked questions
How many questions, how long, and what is the pass mark?
100 multiple-choice questions in 120 minutes, with a 70% pass mark. Available in Arabic or English.
Can I try FE Exchange & Transfer questions for free?
Yes. Free questions: a 10-question diagnostic test covering the main units, no sign-up; at the end we compare your score with the pass mark and show your weakest units. The free practice test page lists the same questions with answers and an explanation for every option. The rest of the questions and the full mock exams come with a pass from SAR 26.
What makes this FE Exchange & Transfer question bank different?
Question bank: full mock exams of 100 questions in 120 minutes, like the real test with a result for every unit, plus 500 explained questions across 7 units, every option explained, a review of your mistakes, and two ways to practise: see the answer right away, or sit a full timed mock. Every question is reviewed and referenced, ready to practise on your phone. Try the free questions and read the explanations before buying full access.
Is this site affiliated with the Financial Academy or SAMA?
No. This is an independent exam-prep site with no link to the Financial Academy, the Saudi Central Bank (SAMA), or any government body. Always rely on what the official bodies announce.
What are the chapters and their weights?
Seven chapters: structure 10%, customer service 20%, products and services 10%, compliance and governance 15%, fraud 17%, AML/CFT 20%, business conduct 8%.
Is this an official site, and how do I pay?
It is an independent site, not part of Qiyas or any government body, and every question is reviewed before it is published. You pay once, with no automatic renewal, through Waffo Pancake (the merchant of record) by Visa, Mastercard, Apple Pay or Google Pay, and your statement shows "WAFFO". If you were charged twice or the pass did not open, email support@saudiexams.com.
Study material sample: Structure of Money Exchange and Transfer Centres
Summary
This unit covers “Structure of Money Exchange and Transfer Centres” and contributes about 10 of 100 questions on the FE exam per Financial Academy weights (3rd edition). Review learning objectives and official materials before sitting.
What the exam focuses on
- Banking structure: SAMA, commercial banks, exchange centres
- Permitted activities, licensing, capital and cash-reserve rules
- Prohibited activities and licence cancellation
Show 1 more
- SAMA oversight and international standards
Common traps
- Do not mix capital minima: transfer licensing needs more paid-up capital than cash import/export
- Cash reserve is 5% generally and 10% for transfer centres — do not reverse the ratios
- Exchange centres may not take deposits or open current accounts
Try the flashcards
Tap a card to see the answer
Banking structure: SAMA, commercial banks, exchange centres
A topic within Structure of Money Exchange and Transfer Centres.
Permitted activities, licensing, capital and cash-reserve rules
A topic within Structure of Money Exchange and Transfer Centres.
Prohibited activities and licence cancellation
A topic within Structure of Money Exchange and Transfer Centres.
SAMA oversight and international standards
A topic within Structure of Money Exchange and Transfer Centres.
Why you can trust these questions
- Published questions: 500. We reviewed every one before publishing it: the answer, the explanation of each option and the source.
- Exam facts last checked against the organiser’s website: 2026-11-06. We check them again every three months and two weeks before each test.
- Found a mistake? Tap "Report an error" under any question in the practice area, or email us at support@saudiexams.com
- Independent website. Not affiliated with ETEC (Qiyas), the Financial Academy or any government body.
Update log
- 2026-11-06 First draft: exam structure per 3rd edition and official chapter weights, with a question bank under authorship.