Tuesday 11, April 2017 by Nabilah Annuar

Al Ghurair International Exchange partners with Western Union for global remittances

Al Ghurair International Exchange, the UAE-based foreign exchange and worldwide Money Transfer Company, has announced its reach to over billions of bank accounts by joining hands with Western Union’s  account payout service which connects cross border consumers and eases the account credit facility with its fast, secure,  reliable and vast  global reach.


Commenting on the partnership, Imad ul Malik, General Manager, Al Ghurair International Exchange, said, “We are pursuing innovation in consumer facilitation by capitalising on emerging choice of money transfer channels. Western Union’s account payout service connects us to many of the major banks worldwide, the additional ability to pay out in billions of bank accounts gives consumers’ unparalleled choice when sending money through all Al Ghurair International Exchange locations in UAE.


Sharing similar sentiments, Hatem Sleiman, Regional Vice President Middle East for Western Union, added, “At Western Union we are working to provide consumers with convenience and choice in how they send money around the world. We are very pleased to work with Al Ghurair International Exchange to offer the account payout service to their customers at locations across the UAE.”


Western Union’s account payout service is a cost-effective way to transfer money into a bank account in minutes. The service is currently available to billions of bank accounts in 51 key remittance receiving countries around the world. The account transfer service is a simple and cost effective way to transfer money at any time of the day with competitive exchange rates.


Features & Analyses

Technology Time for a holiday!

  With the rapidly growing travel sector in the Middle East, HolidayME was developed to allow customers to create tailor-made… read more