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DUBAI—Western Union, a leader in cross-border, cross-currency money movement and payments, has extended its long-standing relationship with Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company. The two companies have strengthened their tenured relationship for another seven years reinforcing their commitment to customers in the country to connect them to their loved ones around the world.
Western Union and Al Ansari Exchange have been working together since 1995, offering a mix of end to end retail service via a strategically placed network of locations, as well as a digital pay in option, connecting customers to their loved ones in over 200 countries and territories.
“Al Ansari Exchange is an important Agent for Western Union. We have successfully collaborated over the last two decades and we are very pleased to renew our long-term relationship for another seven years, connecting the UAE to the world. Cementing our long-standing relationships with customer-focused and high-quality Agents like Al Ansari Exchange is a key part of our Network strategy to offer consumers different ways and customized solutions to help them achieve their goals by striving to make our seamless services accessible wherever they need to send or receive money,” said Jean Claude Farah, President, Global Network, Western Union.
“Al Ansari Exchange customers benefit from the ease and reliability of being able to move money nearly anywhere in the world through Western Union’s extensive network that perfectly blends the physical and digital worlds. We are deep-rooted in our communities and highly-regarded by our customers, and by providing Western Union services, we are able to continue to offer them reliable, high-quality and added-value services,” said Mohamed Al Ansari, Chairman and Managing Director, Al Ansari Exchange.
Western Union has been providing money transfer services in the UAE for over 20 years and has more than 900 retail agent locations1 in the country.
“The UAE is a significant hub for international migration with a large demand for international money transfer and payments services across the globe. Drawing on its unparalleled, almost global reach, robust platform and compliance infrastructure, Western Union is well positioned to serve customers’ evolving cross-border money movement needs in the UAE in a fast and reliable way,” added Farah.
- Network data as of September 30, 2019
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About Western Union
The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of September 30, 2019, our network included over 550,000 retail agent locations offering our branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2018, is available in 75 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.
About Al Ansari Exchange
Al Ansari Exchange is one of the leading remittance and foreign exchange service providers in the UAE. Founded in 1966, the company has established its presence through an extensive network of more than 190 conveniently located branches across the country to bring its services closer to its customers.
Al Ansari Exchange has established strategic partnerships with leading banking and financial institutions around the globe to reinforce its commitment to provide key financial services to its growing customer base. The company constantly introduces exclusive offerings and reward schemes for its customers, while maintaining a truly unique banking experience through its wide range of technology-driven financial services that cater to specific customer needs. Al Ansari Exchange employs a highly qualified and professional team of over 2,500 multinational employees, who serve more than 2.5 million multi-national customers per month in accordance with consistent level of service experience that meets and exceeds customer expectations.
The company also offers online transactions using Al Ansari Exchange’s mobile app, in addition to a host of other ancillary financial services including bill payments, credit card encashment, international mobile top-up, investment and saving schemes, Multicurrency Travel Card, Air ticket payments, Payroll solutions, and Corporate cash collection services.
Media contact:
Western Union Middle East, Africa, Asia-Pacific
Mohamed El Khalouki; Mohamed.ElKhalouki@wu.com
Al Ansari Exchange
Husam Shabani, marketing@alansari.ae
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