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Dubai / Emirates Business
RAKBANK recently signed a Memorandum of Understanding (MoU) with Xpress Money in its headquarters in Dubai Silicon Oasis to facilitate cooperation in the area of money transfer between the two parties. Through this partnership, RAKBANK customers will benefit from Xpress Money’s convenient remittance services and its strong presence in 160 countries across 180,000 locations. The MoU was signed by Vikas Suri, Managing Director of Treasury at RAKBANK, Sudhesh Giriyan, Chief Operating Officer at Xpress Money, alongside Anand Kadakol, Director of Retail Payments at RAKBANK, and other members of management from the Bank and Xpress Money.