Business
Al Ansari Exchange Partners with MultiBank Group to Enhance Customer Payment Services
Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and part of Al Ansari Financial Services PJSC, has formed a strategic partnership with MEX Global Financial Services LLC, a Dubai-based subsidiary of MultiBank Group, one of the world's leading financial derivatives institutions. This collaboration enables MultiBank Group customers to make deposits and withdrawals for their trading accounts at any of Al Ansari Exchange’s 260+ branches across the UAE.
Through this partnership, MultiBank Group’s clients can now enjoy enhanced accessibility to manage their trading accounts with ease. This initiative aligns with regulatory requirements and underscores both companies’ commitment to creating efficient, customer-centered financial solutions. The convenience of near-instant transactions at various branch locations aims to enhance the trading experience for UAE-based MultiBank clients.
Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange, commented, “We are delighted to partner with MultiBank Group, which shares our dedication to customer-centric innovation. This alliance reaffirms our commitment to secure, accessible, and reliable financial transaction services.”
Established in 2005 in California, MultiBank Group serves over 1 million clients globally and manages a daily trading volume exceeding $18.1 billion. The Group is known for robust trading solutions and regulatory compliance across five continents under more than 16 top financial regulatory bodies.