Mustafa Sultan Exchange opens 21st branch in Mabella Industrial Area
Times News Service
MUSCAT: The Mustafa Sultan Exchange has opened its 21st branch in the Sultanate, in the Mabella Industrial Area.
Speaking on the sidelines after the inauguration, Akbar Mustafa Sultan said, “We understand our customers’ requirements 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 allow 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 our customers’ trust in us with the same vigour 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 on introducing services that cover customer needs, keeping abreast of the rapidly changing technology.
PK Subudhi, General Manager, Mustafa Sultan Exchange, emphasised the company’s commitment to setting benchmarks not only in customer experience, but also in 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 among 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 money transfer and currency exchange companies with direct drawing arrangements with major banks and partners in India, Bangladesh, Pakistan, Nepal, Sri Lanka and the Philippines. Mustafa Sultan Exchange is the remittance and foreign exchange arm of the 1972-established Mustafa Sultan Enterprises, a premier group in the Sultanate, with diversified interests organised into various subsidiaries.