Central Bank of Kuwait

Al Mulla Exchange teams up with Nium to improve global payment options

Retrieved on: 
Tuesday, January 18, 2022

DUBAI, UAE, Jan. 18, 2022 /PRNewswire/ -- Global payments and cards issuance leader NiumĀ announced today a strategic partnership agreement with Al Mulla Exchange, a member of Al Mulla GroupĀ and Kuwait's leading remittance and exchange company, to enhance the operation of transfers for Al Mulla Exchange clients to key markets and regions globally.

Key Points: 
  • DUBAI, UAE, Jan. 18, 2022 /PRNewswire/ -- Global payments and cards issuance leader Nium announced today a strategic partnership agreement with Al Mulla Exchange , a member of Al Mulla Group and Kuwait's leading remittance and exchange company, to enhance the operation of transfers for Al Mulla Exchange clients to key markets and regions globally.
  • "We are happy to announce our partnership with Al Mulla Exchange today.
  • Al Mulla Exchange customers will be able to access beneficiaries in countries all over the world and make payments in local currencies thanks to our global network of licences and banking relationships", says Rohit Bammi, Global Head of Institutional Sales at Nium.
  • Nium will enable Al Mulla Exchange to provide their customers with:
    Commenting on this strategic tie-up, Mr. Abdulla Najeeb Almulla, Chairman of Al Mulla Exchange Company said: "Al Mulla International Exchange Company has always focused on delivering consistent and seamless remittance experiences to its customers, through the use of cutting-edge technology in partnership with correspondent banks and service providers.