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11/5/24, 9:56 AM Al Ansari Exchange and MultiBank Group Forge Partnership to Streamline Customer Payments - Middle East News 247

Al Ansari Exchange and MultiBank Group Forge

Partnership to Streamline Customer Payments

By News Desk 1 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

locations.

“We are delighted to collaborate with Multibank Group, a company that aligns with our values of customer-

centric innovation,” said Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange. “This partnership
not only highlights our dedication to providing secure and reliable solutions for managing trading accounts

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