(MENAFN- Muscat Daily) Muscat- Global Money Exchange, managed by State Bank of India, having 40 branches across the length and breadth of the sultanate and one regional office in Salalah, has won the prestigious award of Best Exchange House of 2017 by Bank Muscat, the leading financial services provider in Oman, for the third consecutive year.

The award was presented to Subromonian K S, managing director of the company, by senior officials of Bank Muscat in a grand function held at the Hotel Grand Millennium. The company also received a special award for utilising Bank Muscat CDM for bulk deposit services. 'We are absolutely delighted to receive the award for the third year in a row. We thank all our customers for their continued support and our patrons for their trust,' said Subromonian.

The company currently offers instant remittance facility to all major banks in India irrespective of bank holidays. The company is in the process of further expanding its reach to more locations/expatriates by opening of new branches and establishing a business relationship with reputed banks in countries where growth potential exists.

The company would have five kiosks at the New Muscat International Airport, with two in the arrival hall and three in the departure hall.

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