About

Since 1998

Since our arrival in Australia on a business visa, we needed to find a way to bring money into the country to cover our living expenses. Due to the international sanctions imposed on Iran, we were unable to transfer funds through the conventional banking system. As a result, the only viable option for us to move money was through our community, exchanging funds with others who, were looking to send money to their loved ones back home. Over time, as word spread, more people began to approach us, and we started charging a small administration fee to cover the costs of managing these transactions. This marked the beginning of our business, which gradually evolved as demand grew.

Disclaimer:

Upland Sandpiper Trading Pty Ltd, trading as ABAD EXCHANGE and is obligated to report every transaction to “AUSTRAC” the Australian Transaction Reports and Analysis Centre.

 

“At our company,

we believe in trust, transparency, and community.

We strive to make money transfers fast and affordable

for everyone.

Our team is committed to providing you with the best

service, ensuring your peace of mind with every transaction.

Together, we bring loved ones closer,

no matter where they are in the world!”

 

Homayun Abedini 

Administrator,  Abad Exchange

 

“Due to the combination of international sanctions, geopolitical 

tensions, and the associated risks, Iranian banks have very limited 

or no relationships with Australian banks. 

The situation could change if sanctions are lifted or modified, but for now, 

the financial systems of both countries remain largely disconnected. 

Therefore to help the Iranian community ABAD EXCHANGE has been established 

so they can send or receive money from their love ones. “

Farina Abedini 

Director, UPLAND SANDPIPER TRADING PTY LTD 

Mission

Vision

Values