Case Study: Alawneh Exchange achieves fast, zero-deduction global wire transfers with Nium

Nium’s Zero-deduction Global Wire Transfers Are A Hit With Alawneh Exchange’s Corporate Customers

Alawneh Exchange, a leading exchange house in Jordan, wanted to expand its international payout capabilities for both consumers and business customers, including U.S. dollar wire transfers. To avoid the cost and complexity of building a bank-based global network, it partnered with Nium and its global wire transfer service instead of relying on correspondent banks.

With Nium’s zero-deduction global wire transfer solution, Alawneh Exchange gained seven payout currencies, including U.S. dollars, SWIFT gpi tracking, and transparent OUR/SHA fee structures. Nium helped the company launch a reliable, secure, and fast cross-border payments service with transfers taking just minutes, supporting lower-cost payouts to hard-to-reach markets such as China and Europe and strengthening Alawneh Exchange’s position as a market leader in Jordan.

Alawneh Exchange

Asaad Alawneh

Deputy General Manager