ALMULLA INTERNATIONAL EXCHANGE CO. KSCC.

FACT SHEET.

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 .

 

 

 

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