Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, has signed a partnership agreement with ‘flydubai,’ Dubai’s pioneering low cost airline, allowing customers to pay for their bookings at any of the more than 100 Al Ansari Exchange branches across the UAE.

“This newly signed strategic partnership with ‘flydubai’ will provide our travelling customers with a unique level of service that saves on both time and effort. Our customers can now pay their air tickets and exchange money at the same time,” said Rashid Ali Al Ansari, General Manager, Al Ansari Exchange. “In addition, they can recharge mobile credits inside the country or abroad and pay their water and electric utilities, credit cards and phone bills simultaneously under one roof in any of our branches across the UAE. We will continue to develop and roll out new products and services that will prove to be more convenient and advantageous for our customers.

Commenting on the new partnership, Ghaith Al Ghaith, CEO, ‘flydubai,’ said, “This agreement is part of our strategy to help people book and pay for their ‘flydubai’ flights at convenient locations across the UAE. By providing passengers with a range of booking and payment options, we are making travel easier and less stressful for our passengers.”

UAE expats and visitors can now send prepaid phone top-up credits to mobile phones of relatives and friends back home through any Al Ansari Exchange branch

November 15, 2011

Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, has revealed the launch of ‘Cross-border Mobile Top-up’, an over-the-counter airtime transfer service. The new offering, which is being launched in partnership with ‘TransferTo’, a leading international airtime transfer company, will allow members of the UAE expat community and visitors as well, to send top-up credits for prepaid mobile phones of their relatives and friends back home through any Al Ansari Exchange branch in the country. The launch is part of Al Ansari Exchange’s commitment towards improving customer satisfaction by expanding its portfolio of financial services and transactions.

According to recent reports, the UAE is home to over four million expatriate residents. The new service will now allow these expats to strengthen their ties with family, friends and loved ones through the gift of sending mobile top-up credits. ‘Cross-border Mobile Top-up’ complements Al Ansari Exchange’s remittance based services, giving customers another option to top-up overseas mobile prepaid cards aside from the traditional method of cash transfers. Through this new offering, customers can now send mobile credits to their families and friends in more than 70 countries around the world. This includes Asian countries such as India, Pakistan, Bangladesh, the Philippines, Nepal, Sri Lanka, China and more, as well as European Countries including Russia, Ukraine amongst others, and also US and MENA countries such as Egypt, Morocco, Tunisia, Sudan and many other countries around the globe.

“Our strategic partnership with ‘TransferTo’ has resulted in the launch of ‘Cross-border Mobile Top-up,’ an engaging new service that will provide our customers with a more convenient and easy way to send mobile top-up credits to their loved ones back home,” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “The development and creation of new offerings demonstrates our commitment to roll-out new products and services that will prove to be both convenient and more advantageous for our customers. This new service not only aims to top up phone credits but also serves as a strategic complement in bridging the distance between expats here and the families they have back home.”

To perform an international top-up, the sender needs to provide the mobile phone number of the recipient along with the selected top-up value, at any Al Ansari Exchange branch. After making the necessary payment, the transfer is then processed in real-time through TransferTo’s secure platform. Once the transaction is completed the recipient is notified by SMS about the top-up credits received.

“We are thrilled to have partnered with Al-Ansari Exchange, which is one of the leading exchange houses in the UAE, to make this service available to expatriates, residents and visitors in the country. Many of them send part of their earnings every month directly to their families back home. This new service will now allow them a way to send smaller amounts of value back home as well, providing the ideal solution for sending small gifts,” concluded Eric Barbier, CEO, TransferTo.

UAE’s largest exchange house network to raffle off 10 brand new Mazda 3 models and AED 1 million

November 2, 2011

Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, has launched its new winter season mega promotion, ‘Al Ansari Rewards – Winter Promotion 2011,’ which is set to raffle off 10 new Mazda 3 models and AED 1 million to 100 lucky winners. This promotion, which runs from November 1, 2011 to December 31, 2011, is a follow up to the successful ‘Summer Promotion 2011’, which ran earlier this year. ‘Winter Promotion 2011’ is part of Al Ansari Exchange’s continuous move to provide its rapidly growing customer base with attractive offers and promotions.

“The launch of our new ‘Winter Promotion 2011’ is our way of acknowledging the strong show of loyalty exhibited by our customers,” Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “Today, Al Ansari Exchange serves more than 1.5 million customers per month through an expanding network of more than 100 branches spread out across the UAE. The ‘Winter Promotion 2011’ complements our commitment to provide world class remittance and foreign exchange services combined with unique product and services offerings, which represents great added value proposition for both our loyal and new customers. Rest assured that we will continue to offer strategic promotions with exciting prizes to live up to our promise of giving our customers the best services and share the joy of winning.”

Under the rules of the promotion, transaction invoices of customers using any Al Ansari Exchange’s services will automatically be entered into the electronic raffle, while customers purchasing National Bonds or making Cash Express transactions will be entitled to two raffle entries each. The draw, which will be held on 8th January 2012, will be made under the supervision of a representative from the Department of Economic Development.

New branches reflect leading company’s move to create stronger market presence in the UAE

October 26, 2011

Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, has affirmed its commitment to provide their growing customer base with easier access to its offered services with the opening of new branches across the UAE for the last quarter of 2011. The opening of the new facilities reflect the company’s strategic expansion initiatives and move towards providing its customers with strategic and essential financial services through convenient and easy-to-access methods.

The new branches are expected to provide high quality remittance and foreign exchange services combined with unique product and services offerings for UAE residents, nationals and tourists visiting the country. The presence of strategically located branches also helps local businesses by providing a secure and convenient way of disbursing salaries. The new branches include the Mega Store-Mussafah; Al Raha Gardens; ADNEC and Electra Street in Abu Dhabi; Union Cooperative-Al Barsha and Souq Extra-Al Quoz in Dubai and Sharjah Cooperative, Al Khan Sharjah, Kalba, Khorfakkan, Marco Emirates-Industrial Area No. 6, Carrefour Market Al Khan in Sharjah, and Union Cooperative- Al Naimiya, Ajman.

“We are currently embarking on an expansion initiative that widens our reach and further improve accessibility to our services. To date, we have opened numerous new branches across strategic locations in the UAE and are set to open more branches in the weeks to come. These new branches not only reflect our strategic move to mark a stronger presence in the UAE but also demonstrate our commitment to being the customer’s first choice when it comes to money exchange and remittance services.” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange.

Company’s support reflects long standing commitments towards charity and voluntary initiatives in UAE

October 12, 2011

Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, has revealed its donation of a school bus to the Safe Center for Exceptional Abilities (SCEA), a non-profit organization established to help children with Asperger’s Syndrome and High-Functioning Autism. The initiative complements the company’s role in serving the community and helping those involved in the development and rehabilitation of exceptional abilities in the country.

“The SCEA provides a comprehensive program of specialized education to help children with Asperger’s syndrome and High Functioning Autism along with its associated difficulties. Our programs include key therapy services in speech, occupational, behaviour, music and play,” said Mahboba Yousef, Director, SCEA. “We would like to express our genuine gratitude to Al Ansari Exchange for its School Bus donation. The continuous support rendered by leading organizations like Al Ansari Exchange plays an important part in developing the center and providing children with autism and Asperger’s syndrome with early intervention and offer them the appropriate therapy that can help them integrate into society.”

“Our school bus donation reflects the company’s long standing commitment towards charity and voluntary initiatives in the UAE. It will surely help SCEA in meeting its objectives of helping the students realize their full potential and play a key role in society”, said Rashed Ali Al Ansari, General Manager of Al Ansari Exchange. “We are more than eager to extend this donation to the centre as it demonstrates our long standing promise to support individuals with exceptional abilities and ensure their right in education, rehabilitation, medicine and all that brings them social stability like other members of our society.”

Leading company’s blood letting initiative reflects strong commitment towards extending assistance to the community

September 26, 2011

Al Ansari Exchange, the UAE’s largest exchange house network that provides worldwide remittance and foreign exchange services, held a blood donation session for its employees, in collaboration with the Blood Donation Centre in Dubai. Over 100 employees attended the donation drive at a specially designated state-of-the-art mobile clinic arranged by the centre. The activity is part of Al Ansari Exchange’s Corporate Social Responsibility initiatives and reflects the company’s continuing commitment towards giving back to the community.

“We are very pleased with the turnout of today’s blood donation drive, which resulted in the collection of more than 100 bags of blood that will be used by the Dubai Health Authority and the Center for Blood Donation,” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “Such activities represent our commitment toward extending continued assistance to our society. We would like to thank everyone for taking the time to donate blood and encourage other organizations to take advantage of this program offered by the Blood Donation Center; through such a simple offering, one has offered the gift of life to those who desperately need it.”

The Inauguration demonstrates commitment to provide high-quality financial and remittance services

August 16, 2011

Al Ansari Exchange Logo

Al Ansari Exchange, the UAE’s largest exchange network and provider of worldwide remittance and foreign exchange services, opened its newest branch in Dubai International Airport-Terminal 1 departure area. The inaugural ceremony of the company’s latest branch was led by Rashed Ali Al Ansari, General Manager of Al Ansari Exchange. The new branch complements the company’s continued commitment towards providing its customers with value added financial services through convenient locations.

The newest branch is strategically located along the Dubai International Airport-Terminal 1 departure area and is expected to cater for the needs of outbound tourists, residents and UAE Nationals for foreign currency exchange, worldwide remittances as well as ancillary services such as bill payments just before their travel on a 24/7 basis. The opening is part of the company’s move to implement a series of strategic initiatives and programs that include branch expansions and the roll out of new financial services that have been specifically designed and customised to fit Al Ansari Exchange’s diverse customer base.

“The opening of our latest branch at the Dubai International Airport marks our continued commitment to provide our customers with strategically located facilities offering world class financial and remittance services,” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “By this move we aim to create stronger ties with our customers and offer them a more convenient way to use our services when they travel”.

The newly opened facility is Al Ansari Exchange’s fifth branch to be located in a UAE Airport, which includes three branches in Dubai International Airport and two branches in Abu Dhabi International Airport.
 

New ‘Fed Flash’ service allow customers to remit money to their Federal Bank accounts through any of Al Ansari Exchange’s100 branches in the UAE

July 03, 2011

Fed Flash Conference 2011

Al Ansari Exchange, the UAE’s largest network exchange house that provides worldwide remittance and foreign exchange services, has signed a strategic new partnership with Federal Bank, the fourth largest private bank in India and a powerful contender in the Indian banking sector. Under the new partnership, Al Ansari Exchange will offer Federal Bank’s ‘Fed Flash’ service, a revolutionary and innovative service that will allow Indian expatriate workers in the UAE to send their remittances to their Federal Bank accounts in India through Al Ansari Exchange. The move is part of the leading company’s commitment to improve customer satisfaction by expanding its current portfolio of financial services and transactions. The ‘Fed Flash’ service is now available at any of the 100 Al Ansari Exchange branches across the UAE.

“Our strategic alliance with Federal Bank from India demonstrates our continued commitment to provide Indian expatriate workers in the UAE with key services that will allow quicker and more convenient way of sending their money back home through banking channels,” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “The new ‘Fed Flash’ service reflects the latest in remittance technology where our customers will be able to send money in a matter of minutes through any of our branches spread out in the UAE. They can be assured of a speedy process as both the sender and the receiver will receive an SMS confirming the transaction. This new service is just one of the many services we will be launching as part of our promise to provide our customers with strategic and faster services.”

According to Federal Bank, ‘Fed Flash’ allow Federal Bank customers to remit money real-time into to their accounts through at any Al Ansari Exchange branch to all branches (over 750) of Federal Bank in India. A key feature of this product is that it not only credits the account in seconds, but also completes its product cycle in a fully automated environment. The moment the account is credited, both the remitter as well as the beneficiary will receive SMS alerts on their mobile. This feature takes out apprehension both at the ‘Send’ and ‘Receive’ sides of remittance, and saves on follow-up costs.

“The new ‘Fed Flash’ service highlights the strong ties that India has maintained with the UAE over the years. There is a strong Indian expatriate workforce in the UAE and these workers primary concern is how to send their money to their families in a faster and more convenient way. Our partnership with Al Ansari Exchange will allow us to offer our new ‘Fed Flash’ service, which affords our customers the convenience and the quickness of sending money back home with the added advantage that there are more than 100 branches spread out in the country. Also, working closely with the UAE’s leading network exchange house gives our customers the confidence and security of dealing with a leading and reputable brand like Al Ansari,” said Shri. Shyam Srinivasan, MD & CEO, Federal Bank.

Company honored during ceremony of Sheikh Khalifa Excellence Awards for its commitment to implement the highest standards of quality

May 29, 2011

Al Ansari Exchange, the UAE’s largest network exchange house that provides worldwide remittance and foreign exchange services, received the ‘Sheikh Khalifa Excellence Award 2010 (SKEA) - Quality Appreciation Award’ for its outstanding performance in the UAE financial sector. His Highness Sheikh Hamdan Bin Zayed Al Nahyan, the Ruler’s Representative in the Western Region led the award ceremonies at the Emirates Palace Hotel in Abu Dhabi, UAE. On hand to receive the award for Al Ansari Exchange was Mohammad Ali Al Ansari, the company’s Managing Director. This is the second time that the company has received this award, which reflects key improvements and roll out of strategic financial services to its rapidly growing customer base.

“Al Ansari Exchange is extremely honoured to be one of the awardees at this year’s edition of the Sheikh Khalifa Excellence Awards. This recognition serves as both a continuing vote of confidence from our customers and an inspiration for us to continue in providing more strategic financial services in the UAE,” said Mohammad Ali Al Ansari, Managing Director, Al Ansari Exchange. “Rest assured, we will continue to remain steadfast in our efforts to live up to the award, further aiming to improve our performance and to provide invaluable support to the UAE government’s various initiatives aimed towards economic development.”

IAMTN lauds Al Ansari Exchange for continued commitment to provide world-class financial services to growing customer base

April 03, 2011

Al Ansari Exchange, the UAE’s largest network exchange house that provides worldwide remittance and foreign exchange services, has been named as the ‘Best Remittance Services Provider’ in Middle East and Northern Africa. The awards ceremony was part of the Money Transfers Dubai Conference 2011 (MTD) held at the Grosvenor House Hotel, an annual event organised by the London-based International Association of Money Transfer Networks (IAMTN). Over the years, the MTD has been regarded as one of the most important International conferences in the money transfer industry. The prestigious award affirms Al Ansari Exchange’s continuous commitment to provide exceptional financial services in a convenient and easy to access way - complemented with the goal of reaching out to newer customers with the promise of faster services and complete customer satisfaction.

MTD Conference 2011 attracted business leaders from international money transfer companies, banks, regulators, suppliers, intergovernmental agencies, technology companies and legal firms. The event provided participants with a networking platform to share best practices and discuss key developments in different segments of the financial industry. During the conference, IAMTN stressed on the importance of raising awareness on the role of money transfers in strengthening the global economy.

“The last edition of MTD was truly successful, as it not only allowed us a review of the current state of the money transfer industry but also the opportunity to strengthen relationships with all of our international members,“ said Leon Isaacs, Managing Director, IAMTN. “We are also very proud to hand the award of ‘Best Company - Remittance Services Provider’ for the Middle East and Africa to Al Ansari Exchange. We have witnessed how the company has evolved into becoming one of the most sought after financial exchange and remittances house in the UAE and for the rest of the Middle East and African region. Results of the voting process were based on customer votes, which also aimed at determining the level of satisfaction based on factors like oriented services, customer service and the quality of innovated products in as essential criteria to win the award.”

“We are very proud with this honour from the IAMTN, which is a tribute to all companies who are operating in the UAE money transfer industry, because of its competitive edge to gain customers satisfaction. The confidence and the recognition that they have placed in Al Ansari Exchange further drives us in our commitment to create and develop strategic financial services and products that are specially customised for our customers and meet their expectations” said Rashed Ali Al Ansari, General Manager, Al Ansari Exchange. “2010 has been a banner year for Al Ansari Exchange as we have managed to reach 100 branches in the UAE, improve our innovative products and services offering and prove a world class customer service whilst maintaining our Superbrand status for five consecutive years. We remain steadfast in our promise to offer our growing customer base the best and most innovative services that meets and exceeds their expectations.”