Page 64 - AAE PR REPORT - November 2024

11/5/24, 9:56 AM Latest News

Al Ansari Exchange and MultiBank Group Forge

Partnership to Streamline Customer Payments

05/11/2024

Dubai, UAE – November 4, 2024: Al Ansari Exchange, the UAE’s largest remittance and foreign exchange
company and a subsidiary of Al Ansari Financial Services PJSC, is pleased to announce its new partnership

with MEX Global Financial Services LLC part of Multibank Group, one of the world's largest financial
derivatives institutions headquartered in Dubai. This strategic alliance enables customers to make deposits
and withdrawals from their trading accounts at any of Al Ansari Exchange's extensive branch network across

the UAE.
As part of this collaboration, MultiBank Group’s customers now have the convenience of visiting any Al Ansari

Exchange location to manage cash transactions for their trading accounts. This initiative complies with the
regulations set by the regulatory authorities in the country and aims to enhance the customer experience by

providing a seamless, and efficient way to manage their financial transactions. With Al Ansari Exchange's
extensive network of over 260 branches, MultiBank Group will now provide its clients in the UAE who are

onboarded through Mex Global the convenience of near instant deposit and withdrawal services at multiple
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