RAK Bank - Al Fardan Exchange tie up

Mr. Osama Al Rahma, General Manager, Al Fardan Exchange, stated "We are delighted to have this tie up with RAKBANK and this tie will we consider as a start of a new long term beneficial relationship between the two companies."

The agreement was signed by Mr. Mohammed Al Fardan, Executive Director, Al Fardan Exchange and Mr. Murray Sims, Head of Personal Banking, RAKBANK.

"We, at RAKBANK always aim at facilitating our customers' transactions. AlFardan Exchange, with their widespread branches and customer-oriented approach provides a perfect affiliation for such transactions. Our customers' best interest remains our utmost priority, after all, we are the UAE's leading bank in service quality." Said Murray Sims, Head of Personal Banking, RAKBANK.

Since its establishment in 1971, AlFardan Exchange had led the way in the remittance industry in the UAE. With a network of 17 branches spread in Dubai, Abu Dhabi, Sharjah, AlAin, Ras AlKhaimah, Ajman & Ruwais, Al Fardan Exchange offers the most competitive rates on its array of money exchange services and offers need-based services that cover all transactional needs. Worldwide remittances, purchase and sales of foreign currency banknotes and traveler cheques, as well as cash advance against credit cards to residents and expats in the UAE.