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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…
“We are pleased to partner with Al Ansari Exchange to introduce MoneyExpress in the UAE,” said Luping Zhang, General Manager of
Middle East of UnionPay International.“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.”
Unlike traditional remittance channels, MoneyExpress guarantees the exchange rate upfront and credits the recipient’s UnionPay card in
Chinese renminbi (RMB) instantly, without intermediary or bank handling fees. This provides customers with greater cost transparency
and immediate access to their funds.
With a network of over 270 branches and digital channels across the UAE, Al Ansari Exchange combines deep market expertise with
advanced compliance standards to offer seamless financial services. This milestone and strategic partnership between Al Ansari
Exchange and UnionPay International paves the way for future collaborations that will expand secure and efficient payment solutions
across new corridors.
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