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5/13/24, 10:28 AM            UAE remittance companies still facing challenges from 'parallel market': Al Ansari | Banking – Gulf News
        UAE remittance companies still


        facing challenges from 'parallel



        market': Al Ansari




        Authorities have been targeting and tamping down on unlicensed FX operations




        Published:  May 10, 2024 08:34                            Follow us
        Manoj Nair, Business Editor






















































        Al Ansari Financial Services has sounded an alert about parallel remittance channels impacting licensed FX
        businesses in the UAE.
        Image Credit: Shutterstock


            Dubai: The UAE's remittance companies continue to face challenges from grey market

            operators, according to Al Ansari Financial Services.


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