Page 19 - AAE PR REPORT - January 2025

1/24/25, 11:10 AM Al Ansari Exchange Expands Services with GPSSA Pension Payment Collection

Al Ansari Exchange Expands Services with

GPSSA Pension Payment Collection

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1/23/2025 6:42:49 AM

(MENAFN- Orient Planet Group) Dubai, UAE – 23 January 2025: Al Ansari Exchange, the

UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari
Financial Services PJSC, is proud to announce a significant expansion of its services by

becoming authorised to collect pension contributions from corporates on behalf of The
General Pension and Social Security Authority (GPSSA) and Ma’ashi. This service, in

compliance with the Central Bank of the UAE (CBUAE) guidelines, supports employers in
fulfilling their obligations under the Federal Law regarding pensions and social security.

Employers can easily pay their pension contributions, ensuring timely compliance with
regulations. The collection service will be available at all Al Ansari Exchange branches across
the UAE, as well as through their user-friendly website Contributors can trust that their

payments are handled securely and efficiently.
The service offers an easy and secure way for employers to manage and pay their pension

contributions. The collection will be available at all Al Ansari Exchange branches across the
country and through digital channels, bringing unparalleled convenience to contributors.

Ali Al Najjar, Chief Operations Officer of Al Ansari Exchange, said: “We are proud to support
the UAE’s Emiratisation initiative and the Emirati pension system by offering this service in

line with CBUAE regulations. This new offering underscores our dedication to streamlining
financial services, making critical and timely payments easier and more accessible for
businesses small and large alike.”

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