Modern Exchange opens new branch in MBD

Business Tuesday 12/April/2016 18:54 PM
By: Times News Service
Modern Exchange opens new branch in MBD

Muscat: Modern Exchange, one of the fastest growing money exchange companies in Oman, has added yet another first to the list of pioneering services. The 23rd branch of Modern Exchange which is also their third Premiere Lounge in the Sultanate has been open to customers from April 11.
The Premiere Lounge branch is located at MBD, near Khana Khazana.
Indra Mani Pandey, India’s ambassador to the Sultanate and Jamal Al Ojaily, vice chairman and chancellor of Sohar University, jointly inaugurated the branch. The inauguration ceremony was attended by Philip Koshy general manager of Modern Exchange, customers and officials.
The Premiere Lounge is different from a normal branch. These are exclusive outlets catering to high-end clients. With the Premiere Lounge, customers of Modern Exchange need not stand in a queue or go through the hustle and bustle of a crowded branch. The eligibility of the customers happens through a detailed study conducted by Modern Exchange of their clients’ remittance pattern. The selection is by invitation to these customers and the entry of the customer into any of the Premiere Lounges will be through an access card.
Modern Exchange is a pioneer in server-to0server technology enabling to offer zero minutes remittance to State Bank of India, State Bank of Travancore, HDFC, Federal Bank and ICICI. The customers of these banks would get the money transferred to their account in India in split seconds even before they leave the branch and SMS confirmation on remittance in just 3 minutes .
This service is available 24x7x365 days. Modern Exchange uses state-of-the art and technology to offer seamless credit to other 56 banks in India in hours. Zero Minutes service is specialty of Modern Exchange, which is being offered to other countries around the globe.
Apart from ground breaking remittance facilities which include zero minute remittance, free death insurance coverage, free SMS feedback to clients, free cultural events, Modern Exchange adheres to the philosophy of taking the remittance engagement with their customers to a different level. The Premiere Lounge is another service that is adding to their overall experience.