Page 31 - AAE PR REPORT - MAY 2025

5/22/25, 9:34 AM Al Ansari Exchange and UnionPay International Launch Real-Time Remittance Service to China via MoneyExpress
“Digital innovation is at the heart of our strategy, and the launch of MoneyExpress marks a significant step forward in cross-
border payment solutions. By directly integrating with UnionPay’s network, we are removing traditional barriers to remittance,
delivering a faster, more cost-effective, and customer-centric solution that strengthens our position as a digital leader in financial
services.”

Luping Zhang, General Manager for the Middle East at UnionPay International, added:

“We are pleased to partner with Al Ansari Exchange to introduce MoneyExpress in the UAE. This service offers customers a
secure, real-time, and cost-effective way to send money to China. With upfront exchange rate settlement and direct crediting in
RMB, it simplifies the process and eliminates hidden fees, enhancing convenience for senders and recipients alike.”

A Strategic Milestone For The Region

With more than 270 branches and strong digital platforms, Al Ansari Exchange is well-positioned to offer cutting-edge
financial services. The launch of MoneyExpress is not only a major achievement for the UAE’s remittance landscape but also
sets the foundation for future collaborations that will expand access to secure and efficient payment solutions across emerging
corridors worldwide.

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