MultiBank Group and Al Ansari Exchange Introduce New Cash Payment Services for UAE Clients
MEX Global, a subsidiary of MultiBank Group, the world’s largest financial derivatives institution, has launched a new cash payment service in partnership with Al Ansari Exchange, the UAE’s largest provider of remittance and foreign exchange services. This service will allow UAE clients to conveniently deposit and withdraw funds through Al Ansari Exchange's extensive network of over 260 branches across the UAE.
The service, exclusively available to MEX Global’s UAE users, is regulated by the Securities and Commodities Authority (SCA). It aims to enhance client convenience by providing more flexible and accessible options for financial transactions.
Naser Taher, Founder and Chairman of MultiBank Group, expressed enthusiasm for the partnership, noting, “Our collaboration with Al Ansari Exchange reiterates our commitment to providing cutting-edge financial solutions that empower our clients. We strive to offer seamless and secure transaction experiences, consistently expanding and enhancing our services through strategic partnerships.”
Founded in 2005 in California, MultiBank Group now serves over 1 million clients across more than 100 countries and records a daily trading volume exceeding $15.6 billion. The Group is recognized for its innovative trading solutions, robust regulatory compliance, and customer support, holding regulatory licenses from over 16 esteemed financial authorities worldwide.
