Al Maryah Community Bank (Mbank), the UAE’s leading digital bank, has started a new partnership with Al Fardan Exchange, one of the most trusted financial companies in the country. Together, they aim to make banking services easier and faster for people across the UAE.
What Is the Partnership About?
Mbank customers can now go to over 90 Al Fardan Exchange branches across the UAE to deposit cash directly into their Mbank accounts. This means you don’t need to go to a bank or ATM. Just visit the nearest Al Fardan Exchange branch, and you can add money to your account quickly.
This new service is part of Mbank’s plan to make banking more convenient, friendly, and easy for everyone, no matter where they live or work.
Why Is This Important?
In the past, depositing cash usually meant standing in long lines at the bank or searching for an ATM. But now, with more places to deposit money, customers have more freedom. They can manage their money anytime and anywhere.
This is helpful for:
-
Busy working people who don’t have time to visit a bank
-
Small business owners who handle daily cash
-
Families living in areas without many banking services
What the Leaders Said
Hasan Fardan Al Fardan, CEO of Al Fardan Exchange, shared that their goal has always been to build trust and make financial services easier to access. He said,
“This partnership shows how two trusted financial institutions can work together to make life easier for people.”
He added that by combining Al Fardan’s strong network with Mbank’s digital tools, banking can become more secure, simple, and helpful.
Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, also said that this partnership is an important step.
“We want to serve more communities across the UAE. Our customers can now manage their money in a way that fits their lifestyle,” he said.
“This helps small businesses and people take better control of their finances.”
Bigger Network, Better Service
This move is part of Mbank’s growing network of partners. The bank already works with:
-
First Abu Dhabi Bank (FAB) ATMs
-
Al Ansari Exchange
-
Redha Al Ansari Exchange
-
LuLu Exchange
-
Lari Exchange
Now, with Al Fardan Exchange added, Mbank offers access to over 700 deposit locations across the UAE. That makes it the largest cash deposit network among banks in the country.
This partnership between Mbank and Al Fardan Exchange is a big win for customers. It shows how digital banks and financial service providers can work together to make banking better. By giving people more options and easier ways to handle money, they are building a stronger and more inclusive banking system in the UAE.
