Page 134 - AAE PR REPORT - JULY 2025_Neat

7/8/25, 9:51 AM Glitch at Al Ansari delays UAE residents' remittances, exchange recovers most funds

Glitch at Al Ansari delays UAE

residents' remittances, exchange

recovers most funds

12h • 1 min read

IN THIS ARTICLE

DFM ▲ +2.33%

Dubai: UAE residents, if you faced unexpected remittance issues over the
weekend when sending money back home, it was because of a minor

technical glitch at Al Ansari Exchange briefly disrupted the transfer of
funds, the company confirmed.

The exchange, a household name for expatriates across the Emirates,

confirmed in a disclosure to the Dubai Financial Market (DFM) that on
Saturday, July 5, a “minor technical issue” led to the unintended transfer

of funds into a limited number of customer accounts.

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The issue was swiftly detected, and Al Ansari’s team immediately

coordinated with financial institutions to recover the majority of the
funds, which it says was successful.

US dollar surges to weekly high—key impact for UAE expats sending
money home

https://www.msn.com/en-gb/money/other/glitch-at-al-ansari-delays-uae-residents-remittances-exchange-recovers-most-funds/ar-AA1I8wjs?ocid=financ… 1/2