Yamuna Nagar, India – 16 March 2026 – Al Ansari Forex and Financial Services Pvt. Ltd. (Al Ansari Forex), a subsidiary of Al Ansari Financial Services PJSC, Dubai, UAE, has announced the opening of its newest Business Synergy Associate (BSA) model branch in Yamuna Nagar, Haryana. This marks the company’s third BSA branch, its first presence in Haryana, and its 52nd branch across India.
The branch was inaugurated in the presence of senior management in India, including Kaustav Khan, Head of Operations & Wholesale – India, and Sumit Verma, Head of Sales.
Al Ansari Forex operates under an Authorized Dealer Category-II license issued by the Reserve Bank of India (RBI), reinforcing its commitment to delivering secure, compliant, and high-quality foreign exchange services. The expansion aligns with the company’s strategic expansion plans aimed at strengthening service accessibility and customer reach across India’s fast-growing retail forex landscape.
The new Yamuna Nagar branch will provide a comprehensive suite of foreign exchange and travel-related financial services, including:
• Sale and encashment of foreign currencies for leisure, business, education, and corporate travel.
• Outward remittances under RBI’s LRS for education, medical treatment, and family maintenance abroad.
• Travel insurance solutions.
• Multi-currency travel forex cards.
• Inward remittances (cash payout services).
Kaustav Khan, Head of Operations & Wholesale – India, commented:
“The opening of our third BSA model branch in Yamuna Nagar reinforces our commitment to customer-centric growth. Yamuna Nagar’s rising economic activity presents a strong growth potential, and this expansion enables us to offer convenient and reliable forex solutions to customers across Haryana.”
Sumit Verma, Head of Sales, added:
“This new branch is a key milestone in our India growth journey. With a network of 52 branches nationwide, we are well-equipped to cater to both individual and corporate clients. Our product offerings span over 30 major and exotic currencies, supported by robust remittance and travel services.”
Al Ansari Forex continues to strengthen its position as a trusted provider of international financial services in India. As a sub-agent for leading global remittance brands, including Western Union, MoneyGram and Ria Money, the company facilitates inward remittances from over 200 countries and territories, supported by a network of more than 400,000 agent locations worldwide, providing an extensive global network.
