Modern Exchange opens 31st branch in Seeb
MUSCAT: Modern Exchange opens its 31st branch in Seeb inside Mars Hypermarket for customers. Modern Exchange is 1993 established firm, which is part of the conglomerate in Kuwait, Al Mulla Group of Companies (1938).
Modern Exchange is known for its innovation and technology and it is the first company bringing in revolution in the Oman remittance industry by introduce Zero Minute Remittance in 2012 where the remittance reaches the beneficiary’s accounts within split seconds before customer leaves the branch and even if bank are closed in recipient country, and also provides SMS feedback of the remittance to the customer’s mobile within 3 minutes.
The new outlet located inside Mars Hypermarket was inaugurated by Dr V. T Vinod, Managing Director of Badr Al Samaa Group of Hospital in presence of Modern Exchange’s most valuable customers. Modern Exchange Company always believes in opening branches at strategic locations which is advantageous to the customers living in that area. It has completely transformed the way money transfer business is done by introducing state of the art technology and highly innovative and unique value propositions for its customers.
The company has, over the years, emerged one of the most preferred money remittance company for expatriates in Oman. With a network of 31 branches and similar work ethos and similar technology platform. Modern Exchange Company in Oman is also fast catching up and is already a preferred remitter by customer choice.
We care for your family as you care !!!!
Mr Phillip Koshy, GM, MEC says that their service to customers is more than just remittance. No one in this world exist without a goal in life irrespective of being poor or wealthy. Each have their own dimension of dreams. Talking about expatriates, they have left their dear ones in their home country and came here for making their dreams trueHe/she invests their time and money here for the well- being of their family. But, what happens if all their dreams get shattered before reaching it.
“On September 28 (Friday), during our Seeb branch opening, we have disbursed insurance claims to Modern Exchange customers totaling an amount of OMR9,800/to the relatives of 7 deceased customers, who had remitted through us.”
The name of seven deceased are Emilia Bobo Magno, Khalid Pewez Faqir Muhammed, Chand Siddiq Mohammaed, Gopal Sarma Surendra Sarma, Abdul Wahab Mominul Haque, Behlim Mahboob Behlim, Noushad Manham Bair.
“As part of social corporate responsibility ‘Free insurance coverage’ to all our customers in Oman irrespective of the remittance amount. It is gesture of our love and join their family back home during their sad times. We have settled 9 insurance in last 8 months of this year 2018.”
“On every transaction with us, the customer is entitled for a ‘free insurance cover’ of OMR1,600 valid for 30 days and for a customer who is doing remittance with us every month, he/she is covered for entire 365 days in a year. There are no premiums being paid or policies being filled by our customers. This insurance covers unforeseen events like normal death and accidental death.”