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MENAFN Press - 26/11/2012

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(MENAFN Press) Abu Dhabi, United Arab Emirates - Monday, November 26th 2012

UAE Exchange, a leading remittance and foreign exchange brand with a presence in five continents, has strengthened its ties with Western Union, a leader in global payments services to extend joint operations in Morocco. UAE Exchange is already a leading agent for Western Union in the Middle East.

Speaking on the occasion Mr. Y. Sudhir Kumar Shetty, COO “ Global Operations, UAE Exchange, said, "Our relationship with Western Union is strong and dates back several years. We are glad to extend the experience, expertise and convenience gained over the years to benefit our mutual customers in Morocco. This further adds to our vision of bringing more value to the beneficiaries of our customers. Both brands bring the best of integrity and quality to the table, which is good for the beneficiaries of our Moroccan customers."

Aida Diarra, Senior Vice President, North, West and Central Africa at Western Union, added, "We are happy to be building on our long-standing relationship with UAE Exchange and extending the benefits of our combined strengths to consumers here in Morocco. Our focus has consistently been on increasing access whilst maintaining service excellence and we are confident that this is a goal we share with UAE Exchange. In the past 17 years, we have built a network of over 6,200 Agent locations, spanning Morocco, even reaching remote areas with mobile units through which our contribution to financial inclusion has been unparalleled.

The aim of being the trusted neighbourhood brand has motivated UAE Exchange to build the world's largest network in its class with over 650 direct offices in 30 countries across five continents in a span of over three decades. During that period, the brand has earned the trust of over 4 million customers worldwide by offering them a wide range of financial services under one roof. They consider UAE Exchange a true financial supermarket. This penchant to bring the best to customers has won UAE Exchange many global awards alongside recognition as a universally trusted money transfer provider. As a leader in global payment services, Western Union is a firmly established industry leader on the African continent with a unique Agent network of over 26,000 locations spanning more than 50 African markets.

The event announcing the tie up was attended by senior officials of UAE Exchange and Western Union along with special invitees and the Media.


About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western U

 






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