Payments General

UAE Exchange, Western Union extend operations in Morocco

Monday 26 November 2012 | 08:39 AM CET

UAE Exchange, a global money transfer and foreign exchange company, has entered a new partnership with Western Union to extend their joint operations in Morocco.

UAE Exchange is already an agent for Western Union in the Middle East. The company provides global remittance and exchange house based services. The company has 600 direct offices across 30 countries and 50 of them are in the Middle East and over 200 in India through its subsidiary UAE Exchange & Financial Services.

In recent news, Pan-African financial institution Ecobank and Western Union have extended their business alliance to introduce money service transfer through Internet Account Based Money Transfer in Kenya.

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