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PRESS
RELEASE
FOR IMMEDIATE RELEASE
5th NOVEMBER, 2008
 

MAC SHARAF OPENS BANK ACCOUNT IN JAPAN
TO HELP JAPANESE CUSTOMERS

 

DUBAI, U.A.E.: MAC Sharaf Securities (UAE) LLC today announced that it has opened a new bank account in Japan to facilitate trading for its Japanese clients. Through the new account, opened with HSBC Bank in Tokyo, Japan, MAC Sharaf's clients can now make easy remittances taking advantage of such facilities like, reduced processing fees, convenient remittance procedures, no overseas remittance charges and faster credit of funds into their trading account.

Commenting on this new innovation, Robert W. McMillen, Vice Chairman of MAC Sharaf, said "MAC Sharaf prides itselves on delivering value to our customers. Many of our Japanese customers have requested this service and we have responded to their needs. Through opening of this bank account, we can now provide local banking and fund transfer services in Japan. This will enable our clients to take full advantage of the developing market conditions in the Middle East, which we expect to recover in the coming months."

Remittance of clients in Japan can now be sent to MAC Sharaf on the details given below:

Account Name:       MAC Sharaf Securities (U.A.E.) LLC
Bank Name:           HSBC Japan?
Branch:                  Tokyo Branch
Account Number:    009-041237-031 (US????)
Swift Code:            HSBCJPJT

Once the funds are transferred into the account, the remittance details must be sent to accounts@mac-sharaf.com for ensuring receipt.

NOTES FOR THE EDITOR:

ABOUT MAC SHARAF

MAC Sharaf Securities (U.A.E.) LLC. ("MAC Sharaf"), is a joint venture between the Sharaf Group, Mohammed Abdul Rahim Al Ali and the MAC Capital Group ("MAC Capital"). Seven international brokers, private bankers and corporate advisors, based in London, Tokyo, Paris, Hong Kong, Geneva, Australia and Bangkok are also shareholders of MAC Capital and will all support the growth of MAC Sharaf in its expansion within the United Arab Emirates.

MAC Sharaf's Head Office is at Suite 134, Building 4, Gold and Diamond Park, Interchange 4, Sheikh Zayed Road, P.O. Box 122723, Dubai, U.A.E. The Company's principal contact numbers are;

Online                              Tel:  +971 - 4 - 409 7133 or Email: online@mac-sharaf.com
Sales                               Tel: +971 - 4 - 409 7102 or Email: sales@mac-sharaf.com
Research                          Tel: +971 - 4 - 409 7140 or Email: research@mac-sharaf.com
Customer Service             Tel: +971 - 4 - 409 7130 or Email: cs@mac-sharaf.com

For further information concerning MAC Sharaf, please visit its website at www.mac-sharaf.com

MAC Sharaf is a stock broker, fully licensed by the Emirates Securities and Commodities Authority with seats on the Dubai Financial Market and the Abu Dhabi Securities Exchange. Its sister company, MAC Capital Limited, is licensed as Category 2 Investment Bank and as a broker on the Dubai International Financial Exchange and is regulated by the Dubai Financial Services Authority.



 

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