FE Exchange & Transfer Registration: Fees, Steps and Retakes

Last verified: 11 November 2026. This is an independent guide; it is not affiliated with Financial Academy or any government body. Exam details can change, so check the exam page at Financial Academy before relying on any figure.

We cannot register you or issue your certificate; registration and payment happen only with Financial Academy.

Fees

SAR 1,000 (source).

• The fee is paid in full in advance through the Financial Academy's systems and is not refunded once payment is confirmed unless the Academy cancels the exam (exam policies).
• Rescheduling must be requested at least 3 working days before the exam and is allowed once, within 6 months of the original booking: free 15 or more days ahead, SAR 100 at 4 to 14 days, SAR 400 under 4 days.
• A no-show is charged the full fee, and the absence does not count as an attempt.

Mandatory under SAMA rules for front-line staff at bank-affiliated money-exchange and transfer centres; each attempt costs SAR 1,000 and the pass mark is 70%.

Registration steps

1. No prior certificate or training programme is required to register.
2. Create a Financial Academy account and choose the Foreign Exchange and Transfer (FE) exam and language (Arabic or English).
3. Pay the exam fee (SAR 1,000) and choose the date and test centre.
4. Arrive early with a valid ID that matches your registration name and follow the centre’s instructions.

On exam day

• Bring valid ID: national ID, residency card (iqama) or passport.
• Arrive at least 30 minutes early; latecomers may be refused entry once the exam has started.
• Phones, smart watches and programmable devices are not allowed in the exam room.

Results and retakes

• Retakes: up to 6 attempts at the same exam in 12 months counted from the first attempt. The first three need no waiting period; attempts four to six come two weeks after the third, and each attempt is paid for.
• Result review: send the review form within 3 working days of the exam; the fee is SAR 400, refunded in full if an exam error is confirmed, and a decision takes up to 20 working days.

Before you pay the fee

Try the 10 free questions, no sign-up, to see what you would score today and your weakest sections, then plan your study with the study plan.