Wall Street Exchange, an Emirates Post Group member and a leading money remittance company in the UAE, has signed a deal with MBME CUBE, a renowned Abu Dhabi-based Kiosk company, to provide money remittance service through its 750 plus multi service Kiosk’s installed across the UAE.

The service is currently active and will offer customers more convenience and greater access to the money remittance services in the country, said a statement.

Sultam Bin Kharsham, managing director of Wall Street Exchange, said: “Customer care and their convenience are one of our key priorities. The launch of the kiosk network is a testimony of our firm’s commitment to the stakeholders who have been keeping their faith in us.

“This is also part of our expansion plans in which we are not only planning to expand to reach a wider customer base but also to offer new products to fast-track remittances as well as offer them value added products as part of  our enhanced product offerings.”

The Kiosk’s are strategically placed within shopping malls, hypermarkets, petrol stations and metro stations within the close proximity to the target customers across the length and breadth of the country, said the statement.

They are active 24X7 to allow greater ease and faster transactions and the uniqueness of the services is its reach, easiness and speed, it said.

The new customers can visit any of the Wall Street Exchange branch to complete the registration procedures and receive the Card that will give access to the Wall Street Exchange money transfer service in the MBME CUBE Kiosks.

A customer simply has to input their card number on the Kiosk screen and follow the service instructions. They can select the beneficiary accounts already registered with Wall Street Exchange appearing in the KIOSK. The required transfer amount is inserted via dirham notes into the Kiosk to the transfer value required and the transaction is completed with a receipt.

Registered customers no longer need to queue at a counter or even visit a Wall Street Exchange branch to complete their money transfers and simply need to locate the nearest MBME CUBE Kiosk to them. Wall Street Exchange customers can visit the website of the MBME to get the respective locations.

The launch of the kiosks will further increase its branch networks by 40 per cent, from 32 to 45 by the end of the year. The expansion will also involve the increase in the company’s head count by 100 qualified professionals in its payroll, said the statement.

With 32 branches spread across UAE, Wall Street Exchange will also showcase WS branded MBME CUBE Kiosks installed in sixteen of its own branches in the UAE, it said.

“The Kiosk’s help us to widen our customer base as well as enable our loyal customers to send money within minutes, 24X7 and MBME CUBE Kiosk’s will serve as our virtual branches. We are excited about this facility as it simplifies and revolutionises the concept of money transfer, enabling customers to complete their transactions with speed and convenience at any time,” added Bin Kharsham. - TradeArabia News Service