About Al Ansari Financial Services
Al Ansari Financial Services is the parent company of Al Ansari Exchange, one of the best-known money exchange and remittance businesses in the UAE. The business traces its roots to 1966, and the holding company listed on the Dubai Financial Market in 2023 in a major initial public offering.
Its core service is remittances. The UAE is one of the world's largest sources of money sent home by migrant workers, and exchange houses like Al Ansari help millions of residents transfer money to families in countries such as India, Pakistan, the Philippines, Bangladesh and Egypt.
The company operates a large network of branches across the UAE, many in areas with high concentrations of workers, as well as a mobile app that lets customers send money digitally.
Currency exchange is the other traditional service, used by travellers, businesses and residents who need foreign cash.
Al Ansari also offers services such as bill payments, payroll solutions for companies through the Wage Protection System, and prepaid cards.
Exchange houses in the UAE are licensed by the Central Bank and must follow strict anti-money laundering rules, including customer identity checks and transaction monitoring.
Competition has increased with digital remittance apps and banks, pushing traditional exchange houses to invest in technology.
Startups UAE lists Al Ansari Financial Services among the UAE's leading remittance companies.
Its core service is remittances. The UAE is one of the world's largest sources of money sent home by migrant workers, and exchange houses like Al Ansari help millions of residents transfer money to families in countries such as India, Pakistan, the Philippines, Bangladesh and Egypt.
The company operates a large network of branches across the UAE, many in areas with high concentrations of workers, as well as a mobile app that lets customers send money digitally.
Currency exchange is the other traditional service, used by travellers, businesses and residents who need foreign cash.
Al Ansari also offers services such as bill payments, payroll solutions for companies through the Wage Protection System, and prepaid cards.
Exchange houses in the UAE are licensed by the Central Bank and must follow strict anti-money laundering rules, including customer identity checks and transaction monitoring.
Competition has increased with digital remittance apps and banks, pushing traditional exchange houses to invest in technology.
Startups UAE lists Al Ansari Financial Services among the UAE's leading remittance companies.