Mashreq Bank Partners With Tickmill To Launch Local Payment Solution

3 Min Read

Global financial services provider Tickmill has announced a new partnership with Mashreq Bank, one of the UAE’s leading financial institutions, to introduce a new local payment method. This collaboration is aimed at providing clients in the United Arab Emirates with a more secure, efficient, and convenient solution for funding their trading accounts.

Enhanced Funding Options for UAE Clients

The new payment option allows Tickmill’s UAE-based clients to make fast local transfers in AED. It also provides the flexibility to deposit and withdraw funds in both AED and USD, catering to the diverse needs of regional investors. This initiative is designed to streamline the funding process, making it easier and faster for clients to manage their accounts and respond to market movements.

A Commitment to the UAE Market

This partnership signifies a key step in Tickmill’s strategy to bolster its presence in the UAE. Mohamed Abdelbaki, Regional Marketing Manager at Tickmill, highlighted the importance of the collaboration, stating, “This collaboration with Mashreq Bank represents an important milestone for Tickmill as we continue to strengthen our presence in the UAE. By introducing this local payment method, we are not only making it easier for our clients to fund their accounts but also reaffirming our commitment to providing them with secure, seamless solutions that meet their actual needs.”

Leveraging Trusted Infrastructure

A core benefit of the partnership is the enhanced security and reliability it offers. All transactions will be processed through Mashreq Bank’s trusted and robust infrastructure, ensuring that every payment is handled with the highest standards of safety. This integration aims to provide Tickmill’s clients with complete confidence and peace of mind when managing their funds.

About Tickmill

Founded in 2014, Tickmill is a leading global provider of online trading services. The company is regulated by several esteemed authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and holds a Representative Office recognition from the Dubai Financial Services Authority (DFSA). Tickmill is committed to upholding high standards of transparency and client fund safety.

About Mashreq Bank

Mashreq Bank is one of the UAE’s oldest and most prominent privately-owned financial institutions. Established in 1967, the bank offers a comprehensive range of products and services for individuals and businesses. It is widely recognized as a leader in digital banking innovation, continually investing in technology to enhance the customer experience across the MENA region.

Source: Zawya

Share This Article