Qatar, Doha, 11th of April 2007 - Western Union, a leading provider of global money transfer services, today announced a strategic relationship with Qatar based National Exchange to provide Western Union Money Transfer branded services to its valued customers in Qatar.
National Exchange has signed an Agent representative agreement with Western Union which enables customers to send and receive money from its 2 conveniently located branches in Doha, Qatar. National Exchange's customer base will now benefit from Western Union's fast, reliable and convenient money transfer services stretching, together with the company's affiliates Orlandi Valuta and Vigo to over 200 countries and territories and a network of approximately 300,000 Agent locations, worldwide.
Mr. Jean Claude Farah, Regional Vice President of Western Union for Middle East, Pakistan and Afghanistan said, "It is with great pleasure that we welcome National Exchange into the Western Union Agent family. National Exchange's expanding location base and dedication to serving their customers, will positively contribute to the growth of our business in Qatar and will further enhance our position as a leading financial service provider in the money transfer business."
"We are committed to continuously delivering the best service to our consumers as well as channelling our services to convenient locations across the region and enhancing our consumer reach. Adding National Exchange to our family has helped us in reaching these aims- especially with them being amongst the leading exchange houses in the country.", added Farah.
Commenting on the recent signing, Mr. Kini Sudder, National Exchange General Manager said, "We welcome the introduction of the Western Union service across our branches, and we hope to integrate this service in all our branches in the near future. With Western Union on board, we are committed to providing our valued customers with a vital link to those seeking to transfer funds to friends, family and love ones across the world."
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About Western
The Western Union Company (NYSE: WU) is a leader in global money transfer services. Together with its affiliates, Orlandi Valuta and Vigo, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. Western Union, Orlandi Valuta and Vigo operate through a network of more than 305,000 Agent locations in over 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851. For more information, visit westernunion.com.
About National Exchange
National Exchange is one of the leading and the oldest exchange companies in Qatar operating since 24 years. National Exchange's network in Qatar 2 locations. The company offers a variety of relentless and personalized services spanning the Middle East, Asian Sub-Continent, Europe and Far East Asia, establishing a tradition of trust across the globe.
A market leader in the money exchange business and wholesale business, National Exchange deals in more than 100 currencies. The company also enjoys the status of being one of the few exchange houses to have an account with the Central Bank of Qatar.
For further press information please contact
Khalil Majdalawi
Tel. (971) 4 2951177;
Fax: (9714) 2951188
E-mail: khalil@tamra-c2.com
© Press Release 2007
