Oman UAE Exchange opens 58th branch in sultanate


(MENAFN- Muscat Daily) Muscat- Oman UAE Exchange, a leading money transfer and foreign exchange brand in the sultanate of Oman, opened its 58th branch at Ma'abela Industrial Area.

The new branch was inaugurated in the presence of Promoth Manghat, CEO of UAE Exchange Group, T P Pradeep Kumar, deputy CEO and CFO of UAE Exchange, Boban M P, CEO of Oman UAE Exchange, and Tonny Alexander, director of Oman UAE Exchange.

Through this branch, customers can now avail a gamut of financial services like instant money transfers, real-time account credit facility (FLASHremit) and foreign currency exchange.

'We have been in the market for the last 23 years and have constantly endeavoured to ease the process of financial transactions and provide customised solutions to our customers. Opening the 58th branch in the sultanate has been another milestone for us and is in line with our strategic vision of expanding our reach and services. It further strengthens our commitment to drive convenience and enhance customer experience,' said Boban.

Always striving for growth and excellence, Oman UAE Exchange is the first exchange house in the sultanate to introduce Immediate Payment Service (IMPS), an instant real-time inter-bank electronic funds transfer service, that enables customers to transfer money to any bank accounts in real time, 365 days in a year. At present, expatriates from Bangladesh, India, Nepal, Pakistan, Philippines and Sri Lanka can avail this service. It is also the only exchange house in Oman which has Society for Worldwide Interbank Financial Telecommunication (SWIFT) connectivity that provides easy, effective, secure and reliable way of transferring money worldwide.

Recently, Oman UAE Exchange won the Global Banking and Finance Awards 2017 and BIZZ Award for the sixth consecutive year. The brand also earned three re-certifications at the beginning of 2018 - ISO 9001:2008 for demonstrating quality management system, ISO 14001:2004 for environment management system and OHSAS 18001:2007 for occupational health and safety.

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