Oman UAE Exchange, one of the leading remittance and foreign exchange brand in the Sultanate of Oman, announced the opening of its new branch in Sinaw, increasing the total number of its branch network in the Sultanate to 53.

Customers can now walk-in and choose from a repertoire of services like instant bank transfers, instant money transfers and foreign currency exchange.

Speaking on the occasion, Boban MP, Chief Executive Officer, Oman UAE Exchange said: “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.”

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 8:30 a.m. to 12:30 p.m. and 4:30 p.m. to 8:30 p.m. all days of the week.