Davinnette Forex Bureau Limited is a privately owned limited liability company incorporated in Uganda, licensed and regulated by Bank of Uganda offering foreign exchange, money remittance, agency banking and mobile money.
Davinnette Forex Bureau is currently located in Kampala central at Grand Imperial building shop 4 directly opposite Bank of Uganda, with a second branch at Nyumba Kubwa, shop no. FN25, behind King Fahad Plaza.
Davinnette Forex Bureau was registered on 23rd June 1996 with the Uganda Registration Services Bureau and started operating on 23rd August 1996.
To be a world-class Institution with reliable, professional, and efficient service delivery.
Providing innovative solutions to all financial needs by earning people's trust in the most friendly, professional, and efficient manner possible.
Davinnette Forex Bureau is committed to the highest standards of Anti Money Laundering (AML) and Anti-Terrorist Financing and ensures that employees follow the required standards.
We critically examine our AML objectives and maintain an effective AML policy that reflects the best compliance and best practices as a Financial Institution.
Davinnette AML policy includes efficient KYC, and Enhanced Due Diligence (EDD), following the legal and regulatory requirements provided by the regulators.
Our staff are regularly trained on AML/CFT obligations to ensure continued compliance with regulatory requirements set by the Financial Intelligence Authority.
Full compliance with the Financial Intelligence Authority Act and Anti-Money Laundering Act of Uganda.
Rigorous KYC and EDD procedures before every transaction to verify identity and assess risk.
Regular AML/CFT training ensures every team member understands and upholds compliance obligations.
Detailed records of all transactions maintained and suspicious activity reported as required by law.
Dr. Rashid Yahya Ssemuddu born on 23/10/1972 in Nsotoka Bugerere Kayunga district Uganda. Acquired BA, MA and PhD in Islamic Law from Islamic University, Madinah, Kingdom of Saudi Arabia.
Started serving following his appointment by HE the President as Ambassador Extraordinary and Plenipotentiary to the Kingdom of Saudi Arabia, Kuwait, Qatar, Bahrain, Jordan, Oman, Yemen and Permanent Representative to the Organization of Islamic Cooperation - OIC (2013 to date).
Served as envoy for Investment and trade in Saudi Arabia and all Persian Gulf countries (2005-2012), Director General of Madinah International Development Agency (MIDA) (2001 to date).
