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5/21/25, 9:19 AM Al Ansari Exchange and UnionPay International Launch Real-Time Remittance Service to China via MoneyExpress - Middle East N…

Al Ansari Exchange and UnionPay International Launch Real-

Time Remittance Service to China via MoneyExpress

By PR News Desk 20/05/2025

Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE,
and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE. This partnership marks a
significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire GCC region to integrate directly with
UnionPay’s infrastructure, streamlining remittances through a fully digital, real-time interface ensuring speed, transparency, and user
convenience.

This agreement was signed during Seamless Middle East 2025, in the presence of Mr. Ali Al Najjar, Chief Operating Officer at Al Ansari
Exchange and Mr. Luping Zhang, General Manager of Middle East of UnionPay International.

“Digital innovation is at the heart of our strategy, and the launch of MoneyExpress marks a significant step forward in cross-border
payment solutions,” said Ali Al Najjar, COO of Al Ansari Exchange. “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.”

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