ADIB partners with Al Fardan Exchange to expand payment network

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, signed an agreement with Al Fardan Exchange to provide payment facilities to ADIB customers. The new payment facility agreement will allow all ADIB Covered Cardholders to settle their monthly payments at any of the 39 Al Fardan Exchange branches within the UAE.

The new service available to all ADIB customers will be free-of-charge, and will allow them to settle their Covered Card monthly payments around the clock from any Al Fardan Exchange branch.

Commenting on the tie-up, Sarvesh Sarup, Head of Retail Banking Group at ADIB said: “This partnership is a testament to ADIB’s continuous efforts to provide convenience and best banking experience to its customers. Through this agreement cardholders will be able to avail complimentary payment services through multiple payment channels provided by Al Fardan’s extensive branch network. The move adds to our ever-growing range of services targeted at enabling our customers to efficiently manage their Covered Card payments. Al Fardan Exchange’s widespread presence and customer-oriented approach complements ADIB’s proven strengths in customer service quality and delivery."

Osama Al Rahma, General Manager, Al Fardan Exchange said: “Our tie-up with ADIB will enable us to extend our services to a much wider network of customers effectively and at their convenience. We are delighted with this partnership and are looking forward to providing ADIB cardholders a convenient, safe and secure payment option via the Al Fardan Exchange network.”

ADIB customers can also settle their Covered Card monthly payments through ADIB’s Internet banking service, ADIB’s 66 strong branch network around the UAE, Al Ansari Exchange outlets and telephone banking services.