ALMULLA INTERNATIONAL EXCHANGE CO. KSCC.
20 May 2009.
Founded in 2000-01 as a WLL Company with a Paid Up Capital of KD 1 Million.
Converted to a KSCC Company in 2008-09 with a current Paid Up Capital of KD 4 Million.
Chairman Mr Abdulla Najeeb Almulla.
Company is now in the top 3 Exchange Houses in Kuwait .
Currently operating 20 Branches across Kuwait .
For the financial year ended March 31, 2009 , Audited results reflect a 3-fold increase in Net Profits before Zakat and KFAs to KD 1.01 Million.
Plans to open 6-8 Branches in the current financial year.
The first Exchange company to have :
Paperless transactions. No forms for the customer to fill.
All branches online, thereby offering the customer the ability to transact at any branch of their convenience.
Introduction of the single window concept facilitating faster turnaround and better customer service at a single counter.
Online validation of Anti Money Laundering. The system has been inbuilt to detect and debar any launderers.
Information upload from Correspondent Banks and Vendors for monitoring and closing out transactions.
Ensuring automated on line feedback to customers through SMS .
Pioneered AMX Personal, a personalised service for customers who can have their transaction done from the convenience of their home or office.
Pioneered a path breaking Customer Loyalty points and rewards for transactions done and Friends introduced.
The only Company in the entire Middle East to be nominated amongst the top 10 Companies globally for Brand Excellence 2008 by Western Union .