New regulations, that were introduced in December 2018, have helped money exchange houses compete in the global transaction market and stay relevant.
That's the word from Rajiv Raipancholia, Treasurer of the Foreign Exchange and Remittance Group.
He told ARN News that the more stringent checks will mean better relationships between the houses and banks going forward.
UAE-Russia services and investment agreement takes effect
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UAE backs closer tourism cooperation at BRICS meeting
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Abu Dhabi DoE expands tech partnerships during US visit
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US, Canada fail to reach a tariff deal, deepen trade war
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Hudayriyat Island tops Abu Dhabi property sales
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