GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking

 
  Share
offers account credit and cash payout remittances to customer's beneficiaries 
 
Dubai, 07 February 2018:   UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, has partnered with Groupe Banque Populaire in Morocco, historical leader in the Moroccan Diaspora Market. The partnership will enable remitters to send money from UAE Exchange branch to Groupe Banque Populaire or third-party bank accounts in Morocco, while also providing the beneficiaries with an option for cash pay-out at all Banque Populaire branches. 
 
Promoth Manghat, Chief Executive Officer, UAE Exchange Group, said: “Our strategic partnership with Groupe Banque Populaire aims at bridging the growing demand for instant remittances among the Moroccan customers. The bank's network coupled with our services will enable us to reach out to more customers and provide them with secure channels for remitting home from across the globe. We are also delighted to offer cash payout service to the customers through Banque Populaire branches at locations across Morocco.”
 
Speaking on the tie-up, Laïdi El Wardi, Retail Banking General Manager, Groupe Banque Populaire, said: “Always attentive to the needs of our customers around the world, we are pleased to count the partnership with UAE Exchange in our portfolio. This strategic partnership will allow us to further diversify our transfer solutions for our clients. The vast branch network of UAE Exchange will enable our clients to remit conveniently from anywhere to Morocco, leading to direct account credit or cash payout.” 



Posted by : GoDubai Editorial Team
Viewed 14976 times
Posted on : Wednesday, February 7, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Qualcomm Extends Cash Tender Offer for All Outstanding Shares of NXP
Next Story : Central Bank launches an initiative to Develop a Pioneering and Customer-Centric National Payment Sy...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Ralph Lauren offers the spring 2019 collection
Tame your Tresses
Le Meridien Al Aqah Beach Resort Rolls out Fabulous Deals for February
Kronometry 1999-Corum boutique in Paris
Nothing says ‘I love you' quite like MKS Jewellery Valentine's Day Top Picks
Great offers this February on Glambeaute.com
Kappa Exclusive Collection
Mesmerizing Gift Sets and Perfume for Her
Valentine's Day Gifting Guide
Introducing Supergirl Make-Up
GUESS Launches Kids Collection
Delightful Duo Of Elegant Timepieces Make For A Special Valentine Day's Gift
GROHE Is the Driving Force of the Digital Transformation in the Sanitary Sector ...
Belt Bags from Longchamp
Real Madrid & Manchester City Collections
GUESS Launches JEANS SS19 Collection for Women
Honor Gadget Gift Guide: Step Away from Anything that Wilts and Step up your Sma...
Amity University Dubai Hosts the World's Top AI Researchers at an International ...
Taste, Vote and Win: Dubai Food Festival Hidden Gems is Back!
Classic Smoky Eyes with Essence
Fatima Bint Mubarak Ladies Sports Academy (FBMA) International Show Jumping Cup ...
Deadline extended to register for first ever Dubai Corporate Sports Championship
Facebook to launch fact-checking program in Arabic in partnership with AFP in th...
Treat your loved one to a romantic Venetian gondola cruise at Riverland™ Dubai o...
Emirates Post commemorates silver jubilee of Emirates Center for Strategic Studi...
Billy is 40 years old..
Zayed Sports City Awards Scholarships to Students as Part of Mubadala Tennis in ...
Dubai Customs receives Oman Chamber of Commerce delegation
The Valentine watch collection by Coach
Dubai's first building biologist receives global recognition
The Rise of Green Technology in Construction
Pirelli gives New Ice Zero 2 Studded Tyres Their Debut on Ice in Sweden at the W...
Exclusive position in the front row of the grid: The BMW M850i xDrive Coupe Firs...
Chronoswiss Shows Off Twin Limited Edition Flying Grand Regulators
The Rado HyperChrome Ultra Light
Pakistan's Minister of IT&T thanks Huawei for its contribution to the country's ...
Canadian University Dubai partners with Malaysia's top-ranking Multimedia Univer...
A Movie Treat, Every Time You Eat at Dubai Festival City Mall!
Patented dental solutions, Dental Robotics and Digital Innovations attract visit...
Abu dhabi Grand Slam® Jiu-Jitsu World Tour fifth and final leg of season 4 heads...
MASmash Opens in Abu Dhabi at Manarat Al Saadiyat
GSK sets to improve antibiotic adherence in the UAE with a new patient-friendly ...
Robinsons to launch its new luxury lighting department – the latest addition to ...
Abu Dhabi University appoints outstanding leaders as Vice Chancellor and Associa...
Valentines Day Gift Guide from Anker
Healthy Passenger Demand Continues in 2018 with Another Record Load Factor
Emirates Foundation Embraces UAE Innovation Month and Launches “Think Science Fa...
Dubai Cares and UNICEF announce the Dubai Declaration on Early Childhood Develop...
Ministry of Health and Prevention Launches its Media Campaign as Part of the “Wi...
Free health and fitness advice at Marina Mall Abu Dhabi