UAE Exchange Partners with Groupe Banque Populaire for Remittances to Morocco

UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, has partnered with Groupe Banque Populaire in Morocco, historical leader in the Moroccan Diaspora Market. The partnership will enable remitters to send money from UAE Exchange branch to Groupe Banque Populaire or third-party bank accounts in Morocco, while also providing the beneficiaries with an option for cash pay-out at all Banque Populaire branches.

Promoth Manghat, Chief Executive Officer, UAE Exchange Group, said: “Our strategic partnership with Groupe Banque Populaire aims at bridging the growing demand for instant remittances among the Moroccan customers. The bank’s network coupled with our services will enable us to reach out to more customers and provide them with secure channels for remitting home from across the globe. We are also delighted to offer cash payout service to the customers through Banque Populaire branches at locations across Morocco.”

Speaking on the tie-up, Laïdi El Wardi, Retail Banking General Manager, Groupe Banque Populaire, said: “Always attentive to the needs of our customers around the world, we are pleased to count the partnership with UAE Exchange in our portfolio. This strategic partnership will allow us to further diversify our transfer solutions for our clients. The vast branch network of UAE Exchange will enable our clients to remit conveniently from anywhere to Morocco, leading to direct account credit or cash payout.”

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About UAE Exchange

“UAE Exchange” is a leading global money transfer, foreign exchange and payment solutions brand, headquartered in Abu Dhabi, United Arab Emirates. Established in 1980, today, it is one of the widest accepted globally networked remittance brands and a pioneer in digital adoption.

Spread across in five continents from Americas to Oceania, UAE Exchange Group operates a strong network of over 800 direct offices in 28 countries and 200,000+ agent locations in 165 countries. The brand also offers a broad spectrum of digital services including online money transfer facilities, mobile-based applications, kiosks and prepaid cards across many markets. Over 9000 professionals, representing 40+ nationalities, collaborate every day to ensure consistent and enriched customer experience is delivered through multiple channels, bringing delight to more than 15 million customers worldwide.

This customer-centric ethos combined with a quality-driven approach, constant innovation in products and processes, and the deployment of latest technological advancements across all retail operations and digital channels sets UAE Exchange apart from its peers.

UAE Exchange is ISO-certified and has been honoured internationally for its commitment to Quality Management, winning the European Society for Quality Research (ESQR) Quality Achievement Award and the Dubai Quality Gold Award. It is a member of prestigious associations, including the World Economic Forum and the United Nations Global Compact. The brand has been globally recognised and awarded for its corporate citizenship, customer service initiatives and business excellence.