Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with MEX Global Financial Services LLC, a part of the globally renowned MultiBank Group. This alliance will enable customers to conduct deposits and withdrawals for their trading accounts at any of Al Ansari Exchange’s 260+ branches across the UAE, marking a significant step in enhancing customer accessibility and convenience.
Under the new partnership, clients of MultiBank Group, one of the world’s largest financial derivatives institutions, can now manage cash transactions for their trading accounts through Al Ansari Exchange’s extensive branch network. This service aims to provide MultiBank’s UAE clients—onboarded via MEX Global—with quick and secure financial transactions, aligned with national regulatory standards, and supported by Al Ansari’s customer-focused approach.
Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange, expressed enthusiasm about the partnership, stating, “We are delighted to collaborate with MultiBank Group, a company that shares our dedication to customer-centric innovation. This partnership not only underscores our commitment to secure, reliable solutions for managing trading accounts but also enhances our mission to make financial transactions more accessible and convenient for our clients.”
Founded in California in 2005, MultiBank Group has built a reputation for providing innovative trading solutions, exceptional customer support, and strict regulatory compliance. The Group serves over 1 million clients across more than 100 countries, handling a daily trading volume exceeding $18.1 billion. With oversight from more than 16 financial regulatory authorities across five continents, MultiBank offers a wide array of financial services, including brokerage and asset management.
This collaboration with Al Ansari Exchange, headquartered in Dubai, enables MultiBank Group to provide its UAE-based clients with seamless, near-instant access to deposit and withdrawal services at multiple convenient locations.
