Oman UAE Exchange opens new branch in Sinaw

Business Monday 29/August/2016 12:24 PM
By: Times News Service
Oman UAE Exchange opens new branch in Sinaw

Muscat: Oman UAE Exchange, one of the leading remittance and foreign exchange brand in the Sultanate, has announced the opening of its new branch in Sinaw, increasing the total number of its branch network in Oman to 53. Customers can now walk-in and choose from a range of services like instant bank transfers, instant money transfers and foreign currency exchange, according to a company release.
“We have always been at the forefront in providing prompt and customised financial solutions to our customers. It is this connect that has led the brand to be nominated for the ‘Best Brand 2016’ under the Exchange House category in the country. The opening of the branch reinforces our commitment to bring financial services closer to our customers and is in line with our expansion strategy,” said Boban M P, Chief Executive Officer, Oman UAE Exchange.
Strategically located in the city of Sinaw and spaciously designed with five counters; the new branch with its experienced staff, strong technology and streamlined processes will help facilitate increased interaction with customers. Strong correspondent banking relationship with over 70 banks across the globe adds to its might.
One of the popular services of the brand among the expatriates is FLASHremit. It enables them to conveniently transfer money real-time, directly to their beneficiary account in a secured manner. Once the account is credited, the sender receives an instant SMS notification. At present, this service is available for customers having their bank account in State Bank of India, State Bank of Travancore (India), Federal Bank (India) and Islami Bank Bangladesh Limited (IBBL) in Bangladesh. Association with other banks for this service is in the offing.
The new branch will operate from 8:30am to 12:30pm and 4:30pm to 8:30pm all days of the week.