Western Union Strengthens Alliance With UAE’s Al Ansari Exchange

Western Union, a leader in cross-border, cross-currency money movement and payments, has extended its long-standing relationship with Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company. The two companies have strengthened their tenured relationship for another seven years reinforcing their commitment to customers in the country to connect them to their loved ones around the world.

Western Union and Al Ansari Exchange have been working together since 1995, offering a mix of end to end retail service via a strategically placed network of locations, as well as a digital pay in option, connecting customers to their loved ones in over 200 countries and territories.

“Al Ansari Exchange is an important Agent for Western Union. We have successfully collaborated over the last two decades and we are very pleased to renew our long-term relationship for another seven years, connecting the UAE to the world. Cementing our long-standing relationships with customer-focused and high-quality Agents like Al Ansari Exchange is a key part of our Network strategy to offer consumers different ways and customized solutions to help them achieve their goals by striving to make our seamless services accessible wherever they need to send or receive money,” said Jean Claude Farah, President, Global Network, Western Union.

“Al Ansari Exchange customers benefit from the ease and reliability of being able to move money nearly anywhere in the world through Western Union’s extensive network that perfectly blends the physical and digital worlds. We are deep-rooted in our communities and highly-regarded by our customers, and by providing Western Union services, we are able to continue to offer them reliable, high-quality and added-value services,” said Mohamed Al Ansari, Chairman and Managing Director, Al Ansari Exchange.

Western Union has been providing money transfer services in the UAE for over 20 years and has more than 900 retail agent locations¹ in the country.

“The UAE is a significant hub for international migration with a large demand for international money transfer and payments services across the globe. Drawing on its unparalleled, almost global reach, robust platform and compliance infrastructure, Western Union is well positioned to serve customers’ evolving cross-border money movement needs in the UAE in a fast and reliable way,” added Farah.

1. Network data as of September 30, 2019