Abu Dhabi’s UAE Exchange, a leading forex and remittance focused entity in the UAE, has entered into an agreement with MTN Rwanda, entitling bearers of the telecommunications provider’s ‘prestige’ cards to be eligible for a 25% discount on bank transfers with the firm.

“We are always on the lookout for opportunities to bring more value to customers, and this partnership with MTN is the right step in that direction,” said P. B. Unnikrishnan, regional head for UAE Exchange East Africa.

“It is this strong spirit to serve that has made us the favourite of millions of customers here, and this new tie up will only enhance their experience to the next level.”

In Rwanda, the remittance company has branches in the UTC Building in Kigali, as well as in Kisimenti, Remera and Nyabugogo.

Robert Rwakabogo, MTN Rwanda’s senior manager for marketing operations, added: “We are glad to partner with UAE Exchange, which enjoys a strong goodwill among its customers, and we are sure that our customers will benefit immensely with this new tie up.”

In November, UAE Exchange also announced plans to expand its operations in Africa into potentially Ghana, Nigeria and South Africa, while noting that at the moment the company is opening 100 branches a year.

UAE Exchange to enter Ghana, Nigeria and South Africa