MUSCAT: As part of its expansion, Purshottam Kanji Exchange, Oman’s most trusted money exchange firm, opened three new branches in the country on Monday, August 1, 2022.

The three new branches are in Galleria Mall in Al Hail, Safa Mall in Mabela and Golden Dragon Mall in Barka. All three branches were inaugurated by Abdul Aziz Al Maqbali, Director of Purshottam Kanji Exchange and Mr Supin James, General Manager in the presence of staff and hundreds of customers.

The function was also blessed by the management of Galleria Mall, Al Safa Mall – KM Trading and Golden Dragon Mall. Considered to be the oldest money exchange company in the Sultanate, the 100-year-old brand has lived up to the expectations and has been a key driving force for many expatriates and Omani citizens residing in the country. Purshottam Kanji Exchange has 23 branches across Oman. 

Speaking during the inauguration, Supin James, General Manager of Purshottam Kanji Exchange said, “We are a people’s brand, and will always remain so. The bedrock of our success as the market leader is our unwavering trust in people, and our resolve to bring the best to our customers. We value relationships highly, and we are in a relationship-driven business.”

Starting in 1920, Purshottam Kanji started as a small business in the name of Saraf, exchanging money between Dubai and Muscat, and buying and selling pure 24ct gold. In the year 1980, the Central Bank of Oman introduced money exchange regulation and Purshottam Kanji was the first company to get a license to pursue money exchange, draft drawing, and buying and selling of gold. Since then, the firm has made rapid strides in the financial, bullion and exchange sectors.

“Today we are completing the 23 Branches in the Sultanate of Oman and are highly focused on improving the service and providing solutions to customers digitally and by being present next to them. This journey is for our customers and for their satisfaction,” said Binoy Simon Varghese, Head of Operations.

Reliability, value-for-money services, accessibility and global connectivity are important virtues in the remittance and exchange business, and Purshottam Kanji checks all boxes when it comes to providing a wholesome experience to customers in Oman. 

Ruling the roost as the market leader in remittance, foreign currency exchange and bullion sales and jewellery services, with an extensive network of branches covering the length and breadth of the country, the company has taken customer convenience and experience to a new high with the introduction of online money transfer portal and mobile app. 

The same old values of adhering to ethical and progressive business practices, drive to build and sustain technical superiority, integrity in business, commitment to people and the nation, and strong enthusiasm to grow and flourish empowers the firm to pioneer changes in the market through innovation. 

And the proof of the pudding is those charts which show strong, stupendous growth in every aspect of the business. The outcome of a resolve made onboard a ship that cut across the waves of the Arabian Sea over a century ago, is to be truthful, dependable, progressive and successful in whatever you do.

“Purshottam Kanji Exchange has been and will remain part of the community by providing the best service and support. We are also offering free transactions to health care workers for more than a year as respect, and this itself is a symbol of commitment towards the society,” Supin added.