The exchange platform is already operating as an agent for Western Union in the Middle East.

UAE Exchange global operations coo Y Sudhir Kumar Shetty said, "Both brands bring the best of integrity and quality to the table, which is good for the beneficiaries of our Moroccan customers."

Western Union North, West and Central Africa senior vice president Aida Diarra said that the company has been focusing on enhanced access and the tie up with UAE is one step ahead to achieve quality service.

UAE Exchange manages more than 650 direct offices in 30 nations in five continents and serves over 4 million customers globally.

The US payment service provider through its branded services such as Western Union, Orlandi Valuta and Vigo, offers money remittance with the help of its network of over 510,000 Agent locations across 200 countries and territories.