Muscat Daily

Mustafa Sultan Exchange opens in Misfah

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Mustafa Sultan Exchange Co LLC, one of Oman’s oldest and leading money exchange houses, inaugurate­d a new branch in Misfah. The new branch was inaugurate­d by Akber Mustafa Sultan, vice chairman of the Mustafa Sultan Enterprise­s group. With this, the branch network of Mustafa Sultan Exchange in the Sultanate of Oman stands at 20.

Speaking on the occasion, Akber Mustafa Sultan, said, “We are glad to have our presence in Misfah and become a part of Oman’s developmen­t under the 2040 vision of His Majesty Sultan Haitham bin Tarik.”

Cherishing the long-standing partnershi­p with State Bank of India, he also expressed happiness at the strong commitment of State Bank of India in supporting the exchange’s services in Oman.

Commenting on the opening, Rajeev Sharma, Group CEO, Mustafa Sultan Enterprise­s said, “The opening of this branch gives me immense satisfacti­on. It brings us closer to our customers and gives us the opportunit­y to offer them a best-in-class service experience. This is has been our topmost priority since the commenceme­nt of our operations in 1988. We remain committed to delivering happiness to our customers and their families back home.”

K J Prabu, general manager, Mustafa Sultan Exchange added, “A branch in Misfah has been long overdue for us. With this addition, we are now a step closer to our valuable customers in Misfah and the surroundin­g area.” Prabu also highlighte­d the company’s commitment towards customer service and fair business practices whilst ensuring strict compliance to the COVID-19 precaution­ary measures laid by the government.

The Misfah branch complement­s the group’s vision to provide safe and reliable remittance and currency exchange services with added value and convenienc­e to its customers. In addition to the convenient payment solutions available at the branches, the new branch is also equipped with Flash Services that allows Instant Credit to beneficiar­y accounts in India, Bangladesh and Pakistan to name a few.

Managed by India’s largest bank the State Bank of India, Mustafa Sultan Exchange offers fast and reliable remittance services worldwide and foreign exchange services through Direct Drawing arrangemen­ts with major banks and partners in countries like India, Bangladesh, Pakistan, Nepal, Sri Lanka, and the Philippine­s.

The relationsh­ip has now entered into its 33rd year which clearly speaks volumes of the mutual trust and understand­ing.

Mustafa Sultan Exchange is also working on its mobile app which will have various features including instant online transactio­ns, payment tracking in real time and payment history, among others.

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