Al Ansari Exchange, a leading provider of worldwide remittance and foreign exchange services, has opened its 88th branch in the UAE at the Al Manama center in Umm Al Quwain, in line with the company’s continuous growth in the domestic money transfer and currency exchange market. The inauguration of the newest branch follows the company’s recent expansion to the Global Village, Al Khail Mall and Jafza View Tower as part of its strategic expansion initiative across the Emirates, which brings the total number of Al Ansari’s UAE branches to 88. The move augurs well for future plans of Al Ansari, which includes operating 100 branches across the UAE in addition to strengthening its partnerships with over 150 correspondent banks and agents worldwide.

Since its establishment in 1966, Al Ansari Exchange has carved a niche in the market by offering reliable, customer-oriented products and services, including worldwide money transfer, foreign exchange, transfers through Western Union & Cash Express, and door-to-door delivery of remittance. The company also provides ancillary services, such as cash advance and encashment against credit cards, credit card bill payment, issuance of National Bonds certificates, travellers’ cheques, and e-exchange, among others.

“Due to its dynamic trade activities and position as a leading tourist destination, which continuously draws in visitors and expatriates, the UAE holds vast potential for money transfer and foreign exchange services,” said Mohammad Al Ansari, Managing Director, Al Ansari Exchange. “In addition to a favourable business landscape and ever-growing demand, our success and stable growth in this market is being driven by our easy accessibility, which we plan to further enhance by reaching our target of operating 100 branches across the UAE, while strengthening our partnerships with over 150 correspondent banks and agents worldwide. Our strong commitment to our ‘Customer First’ policy, which ensures that our clients are given first-class priority at all times, also contributes significantly to our growth.”

In line with its goal to drive activity within its branches, Al Ansari Exchange has recently kicked off a promotional campaign ‘Al Ansari Rewards 2009’ that will run until December 31, 2009. A total of AED 1 million will be given to 44 winners within the promo period. The company assures that all customers who want to take part in the promotion can conveniently access all 88 Al Ansari branches across the UAE, which operates on extended working hours and employs a dedicated team of multilingual staff and tech-savvy back office team to serve multinational customers.

“While we maintain a strong line-up of worldwide remittance and foreign exchange services, we initiate promotional campaigns that offer attractive rewards for our loyal customers, which are aimed at promoting our specialised services. This level of commitment and innovativeness makes Al Ansari Exchange the preferred choice of customers seeking reliable, fast worldwide transfers and high quality customer services,” concluded Al Ansari.
 

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