Mustafa Sultan Exchange opens its 21st branch

Muscat: Adding more convenience to the customers in the Sultanate of Oman, Mustafa Sultan Exchange opened yet another branch to its strong growing network of branches across the country. With the inclusion of the new branch in Mabella Industrial Area, the exchange house’s number of outlets in the country has now reached 21.
Speaking on the sidelines after the inauguration, Akbar Mustafa Sultan said, “We understand our customers’ requirement of sending their hard-earned money to their family back home during the holy month of Ramadan through Eid and there couldn’t have been a better occasion to present the new branch.”
The Mabella Industrial Area branch complements Mustafa Sultan Exchange's long-standing commitment to provide customers remittance and currency exchange services with added value and convenience. Like all the other Mustafa Sultan Exchange branches the new branch is also equipped with flash services that allows instant credit to beneficiary accounts in India and Bangladesh.
“We renew our obligation to provide our growing network of customers with effective and innovative services coupled with excellent customer service and satisfaction. We will continue to value the customers’ trust on us with the same vigor that we started the company way back in 1988 under the management of State Bank of India.” said Sathish Murjani, Group CEO, Mustafa Sultan Enterprises.
Mustafa Sultan Exchange is one of the oldest exchange houses in Oman and has remained keen towards introducing services that cover the customer needs and have always kept themselves abreast of the rapidly changing technology.
PK Subudhi, General Manager, Mustafa Sultan Exchange, emphasised the company’s commitment towards setting bench marks not only in terms of customer experience but also in terms of implementing regulatory compliance measures and following fair business practices. “The new branch has been strategically located to provide easy access for our customers in the Industrial Area and has been outfitted with state-of-the-art technologies enabling it to provide even more efficient and effective cross border payments and currency exchange services.” he added.
Mustafa Sultan Exchange’s growth is reflective of the company’s increasing popularity amongst the customers in the Industrial belt as the preferred and most trusted exchange house since 1988.
Managed by India’s largest bank the State Bank of India, Mustafa Sultan Exchange is one of the most chosen after Money Transfer and Currency Exchange company with direct drawing arrangements with major banks and partners in countries like India, Bangladesh, Pakistan, Nepal, Sri Lanka and The Philippines. Incepted in 1988 Mustafa Sultan Exchange is the remittance and foreign exchange arm of the 1972 born Mustafa Sultan Enterprises, a premier group in the Sultanate of Oman with diversified interests organised into various subsidiaries.