UAE Exchange joins hands with Canara Bank for FLASHremit

UAE Exchange joins hands with Canara Bank to offer FLASHremit – the real-time account credit facility, to the expatriate customers. An agreement was signed by the top officials of both UAE Exchange and Canara Bank, for the same.

Dr. B R Shetty, MD & CEO, UAE Exchange, along with Mr. V. S. Krishnakumar, Executive Director, Canara Bank, in the presence of Mr. Y Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange (second from left), Mr. K. Dayakara Kamath, Deputy General Manager, Canara Bank (Third from right) and other senior officials of UAE Exchange and Canara Bank, on the occasion of signing the agreement for FLASHremit.

UAE Exchange, the leading global remittance and foreign exchange brand, joins hands with Canara Bank, to offer FLASHremit. Now, all Canara Bank expatriate customers can send money in real-time, to their accounts, back home.

“Convenience to customers has been a UAE Exchange trait and we have always strived to cater to our customers with the latest in technology.” said Dr. B. R. Shetty, MD & CEO, UAE Exchange. “It is our pleasure to partner with Canara Bank for FLASHremit, which empowers our customers to send money in real-time. At UAE Exchange, we look forward to add more value to the customers, thus further strengthening the relationship.” added Dr. Shetty.

Mr. V S Krishnakumar, Executive Director, Canara Bank, said, “Enhanced customer experience has been our vision and we are glad to have a strategic partnership with UAE Exchange which thinks alike, for the customers. We are associated with the remittance major for quite long and we see this tie up, as a Diwali gift for our customers”.

FLASHremit is the real-time account credit facility from UAE Exchange. It is a unique product of its kind, which remits cash to bank account, in real time. FLASHremit has already marked its presence in Bangladesh, India, Indonesia, Nepal, Pakistan, Philippines and Sri Lanka. Famed for its excellent customer service, UAE Exchange serves to over seven million customers and their dear ones, worldwide. This widest globally networked remittance brand has over 700 branches across 30 countries in five continents. Its strong correspondent banking relationship with over 150 global banks add to the might.

More than 9000 professionals representing over 40 nationalities, strive to achieve excellence and bring delight to customers, worldwide. This penchant for quality has won the ISO certified brand many global awards for quality & business excellence, and earned the trust of customers, partners and regulators alike, thus earning the acclaim of the World’s Trusted Money Transferrer.

Canara Bank was established in 1906, in Mangalore by Shri Ammembal Subba Rao Pai a great visionary and philanthropist,. It attained National Level status in 1969, which was then followed by several milestones in its 100 plus years of successful service. Today, Canara Bank occupies a premier position in the comity of Indian banks, with an unbroken record of profits. With over 4,000 branches spread across the counry, Canara Bank also became the first Public Sector Bank to obtain ISO Certification for a branch. Over the years, the Bank has scaled up its market position to emerge as a major ‘Financial Conglomerate’ with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad.

The event was attended by senior officials of UAE Exchange and Canara Bank, along with special invitees and the Media.

For more information, visit www.uaeexchange.com and www.uaeexchangeblog.com

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UAE Exchange launches Transact and Win Contest in Rwanda

• A trip to Uganda and 20 other exciting prizes to be won!

Double your happiness by sending or receiving money through UAE Exchange in Rwanda, for you could be a winner of a refrigerator, LED TV, home theatre system and more through Transact and Win contest. The luckiest customer will win a trip to Uganda as bumper prize.

Contest Details:
Send or receive money at a UAE Exchange branch in Rwanda between October 1 and December 31, 2013, to qualify for Transact and Win. You can use any of the money transfer options available at our counters, which include:

Xpress Money – Send or receive money using Xpress Money, a global instant money transfer service accessible in over 150 countries.

Bank Transfers – Send or receive money faster and safer with our Bank Transfer option.

FLASHremit – An instant account credit facility that allows you to send money to your beneficiary’s bank account in seconds.

MoneyGram – Use this popular money transfer service with a vast global agent network to send or receive money.

For more information call us on +250 2 803 77000 or send an email to customer.care@rw.uaeexchange.com

UAE Exchange – FLASHremit facility to Pakistan

Here is good news for Pakistani expatriates. Your trusted money transferrer, UAE Exchange has entered in to a tie-up with the United Bank Limited (UBL) in Pakistan for FLASHremit – the facility for real-time account credit. FLASHremit empowers customers to send money to their UBL Bank Account, in real time. Both the sender and the receiver will get an SMS confirmation each, the moment the money gets credited.

For more details visit: http://www.uaeexchange.com/ or http://uaeexchangeblog.com/

UAE Exchange partners with Corporation Bank in India to introduce FLASHremit

Abu Dhabi, 07 Dec 2012: UAE Exchange, the leading global remittance and foreign exchange brand and Corporation Bank, India entered into an agreement to offer FLASHremit services to their customers, who can now send money real time to their beneficiaries’ bank accounts in Corporation Bank.

Money transfer to bank accounts in Corporation Bank is now real time with
UAE Exchange. The leading global remittance and foreign exchange brand has joined hands with the popular bank in India to offer FLASHremit, the facility for real time account credit, to its customers. The service will enable money transfer to bank account within minutes and also intimate both sender and receiver through SMS on account credit. An event was held at Shangri-la Hotel, Dubai to mark this new offering.

Speaking at the event, Mr. Y. Sudhir Kumar Shetty, COO – Global Operations,
UAE Exchange, said, “We have had a strong and long relationship with Corporation Bank. This new understanding for FLASHremit further strengthens it. UAE Exchange has always aimed at making money transfer a seamless and speedy experience, which is an aim we share with Corporation Bank. Customers get a sense of satisfaction and security, when their money is transferred real time. This new convenience will further enhance their happiness.”
Mr. Amar Lal Daultani, Executive Director – Corporation Bank, said, “The relationship with UAE Exchange has been long and mutually fruitful, which has added rich value to our customers. The goodwill and common passion to offer quality service has brought us together again. We are very sure that this new arrangement of real time money transfer through FLASHremit will benefit our customers a lot.”

UAE Exchange initially launched FLASHremit, with banks in India and its quality and popularity grew faster. So far seven banks in India have partnered with the remittance major. Corporation Bank is the latest and eight in the list. Apart from India, FLASHremit extends convenience to customers in Philippines, Nepal, Sri Lanka and Pakistan & Bangladesh. Its growing popularity stands testimony to the goodwill, which UAE Exchange enjoys worldwide. Over 4 million customers trust the money transferrer with their hard earned money. It has over 650 branches across 30 countries in five continents, making it the largest global network among remittance brands. Its strong correspondent relationship with over 150 global banks adds to the might.

Corporation Bank has been serving millions of customers since 1906. It is the forerunner in evolving and adopting financial sector reforms. With over 6000 service outlets overseas, it is one of the premier public sector banks in India.

The event was attended by senior officials of UAE Exchange, Corporation Bank, special invitees and the Media.

For more information, visit www.uaeexchange.com, www.uaeexchangetravel.co.in and www.uaeexchangeblog.com

To participate in our exciting contests, join us on Facebook by logging on to https://www.facebook.com/uaeexchange

UAE Exchange launches Summer Promotion in the United Kingdom

• Eight iPads to be won
• Four winners each in two monthly draws
• Any transaction, including outward, inward, Forex and online money transfers are eligible for the draw
Making a remittance transaction (inward/outward) or Forex transaction at UAE Exchange branches in the United Kingdom (UK) or using its online portal, Money2anywhere, to send money, could make you do your next transaction in your new iPad. The World’s Trusted Money Transferrer – UAE Exchange, launches its Summer Promotion in UK. Any customer, who makes a remittance or Forex transaction at any of the UAE Exchange branches or online, in the UK, is eligible for the draw. The promotion, which offers four iPads each, as prizes to be won in two monthly draws, will commence from 1st May and continue up to 30th June, 2012. The two monthly draws will be held on 6th June and 2nd July, 2012, respectively.

“We are extremely delighted to present this summer promotion to our customers in the UK” said Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. “Unlike the earlier promotions, now receiving money at any UAE Exchange branch, in the UK, can also make our customers win. We believe that such new dimensions to the promotions, offer more opportunity to our customers to win more and also add more excitement. Promotions help us in improving the service standards, as they drive us to deliver greater qualitative experience to our customers and give additional value for the money transacted. We wish all the customers the very best for the promotion.” added Mr. Sudhir.

“UAE Exchange started its UK operations in 2004. In this short span of time, we have built a strong network of eleven branches along with the introduction of Money2anywhere.com, the online remittance portal, across the country. In addition to offering excellent customer service, these promotions are also a small token of our gratitude to our cherished customers, who have bestowed their trust on us.” said Mr. Mohan Shetty, Country Head –UAE Exchange, UK.

UAE Exchange is one of the leading global remittance and foreign exchange brands, addressing the financial needs of its 3.5 million plus customers, worldwide. It has built the largest global network, in its class, with over 580 direct offices in 30 countries. The brand also has a strong correspondent relationship with over 150 global banks.

UAE Exchange addresses most of the financial requirements of its customers through a wide range of services, backed by state-of-the-art technology. The range includes Xpress Money, the instant money transfer service with over 135,000 payout locations in more than 125 countries; FLASHremit, the real-time bank account credit service;Money2anywhere.com, the convenient online money transfer portal by which money can be sent to any corner of the world in just a few clicks from an internet environment anywhere; gocash, the prepaid travel card; and XPay, the online bill payment service using mobile phone. These popular services have made UAE Exchange, a true financial supermarket.

Exciting finish to Money2anywhere ‘Refer & Win’ contest from UAE Exchange

> Promotion was conducted across seven countries
> Winners, from across countries, bagged iPhone4, iPad2 and Galaxy Tab

Yes…one word of reference has brought in luck to Mr. P. E. Philip (Kuwait), Mr. Hardip Singh Sidhu (Canada) and Mr. Anish Joseph (Australia), as they have been selected as the first, second and third prize winners, respectively, in the recently ended Money2anywhere Refer and Win Contest 2012, by UAE Exchange, the leading global remittance and foreign exchange brand.

The contest, which ran on the official Facebook fan page of Money2anywhere(www.facebook.com/money2anywhere) from 15th February to 15th April, 2012, gave away exciting prizes including iPhone4, iPad2 and Galaxy Tab to the winners. All fans, who referred three friends to the online money transfer portal, were eligible for the draw, which was held on 20th April, 2012 at the Global Head Quarters of UAE Exchange in Abu Dhabi.

“Congratulations to all the winners”, exclaimed Mr. Promoth Manghat, VP – Global Operations,
UAE Exchange. “At UAE Exchange, we were glad to see the overwhelming response, which we received during the promotion. This goes to show how much Money2anywhere is appreciated and trusted. The online portal witnessed over 70% growth in 2011 and this contest opened the gates for more people to get introduced. We are extremely thankful to all participants for being our brand ambassadors and strengthening our customer-base further through your referrals. It is your unstinting support that has made Money2anywhere a fast-growing online remittance portal.” added Mr. Manghat.

The contest was conducted in seven countries, which include Australia, Bahrain, Canada, Kuwait, New Zealand, United Kingdom and United States of America, where the Money2anywhere service is available. Under the wings of UAE Exchange, this online portal enables its customers to send money to any corner of the world using credit / debit card or bank account, with an internet connection from anywhere.

Apart from Money2anywhere, UAE Exchange offers a wide range of services backed by state-of-the-art technology. Its services meet the financial needs of over 3.5 million customers, worldwide. The range includes Xpress Money, the instant money transfer service with over 135,000 payout locations in more than 125 countries; FLASHremit, the real-time bank account credit service; Smart Pay, the WPS-compliant leading payroll solution; XPay, the online bill payment service using mobile phone; and gocash, the prepaid travel card. These popular services have made UAE Exchange a true financial supermarket.

UAE Exchange has built the largest global network, among remittance brands, with over 570 direct offices in 30 countries. Its strong correspondent relationship with over 150 global banks further adds to its might. This online promotion was one among the many that the remittance major has conducted in its social media network, which too had received a similarly overwhelming response. More such promotions are being planned out to thank the strong online community that UAE Exchange has built in the social media space.

The event was attended by senior officials of UAE Exchange.

For more information, visit www.uaeexchange.com, www.money2anywhere.com

Xpress Money launches flat fee for India transfers

Xpress Money, a global money transfer brand with a major presence in the GCC, has introduced a flat fee of Dh15 ($4) for remittances of any denominations to India.

The revised fee comes on the heels of the company’s decision to discontinue its earlier slab system of differential pricing based on the amount being transferred to India. By combining effective management of the exchange rates with an affordable transfer fee of Dh15, Xpress Money is confident of offering the best rates to its customers, it said in a statement.

“One of the fastest-growing economies in the world, India is also the largest ‘receive’ market in the remittance industry having received upwards of $58 billion in 2011. Similarly, UAE is one of the largest ‘send’ markets in the world, having a sizeable Indian population with a clear need to send money back home,” said Sudhesh Giriyan, head, Xpress Money Business.

“As a brand, Xpress Money wants to provide the best value to its Indian customers, whether they are the ones sending the money or receiving it; introduction of a flat fee for all transactions to India is an endeavour to further strengthen our presence in these regions and offer our customers a unique advantage in terms of affordability.”

“We continuously work towards building greater convenience for our customers in addition to introducing new services to offer better value for their growing needs,” Giriyan said.

Working with a network of banks and non banking financial institutions, Xpress Money has built a strong country-wide network in India comprising more than 35,000 agent locations, he added.

Source:
tradearabia.com

Added Benefits for UAE Exchange Gold Card Holders

UAE Exchange has partnered with Al Raja Clinic, a part of Al Namal Group located at Salmabad where in, UAE Exchange Gold Card holders can avail more added health benefits.
Mr. Deepak Nair, Country Head – UAE Exchange, Bahrain, said, “In a short span of just over three years, we have built up a strong network with ten branches across the country. With committed services, & we have become the first choice of millions of customers. This additional partnership in the health care section adds further edge to UAE Exchange’s Gold Card loyalty program and its commitment and convenience to all customers, including other partnerships and benefits such as compensatory Insurance benefits up to BD2000*, hotel & restaurant discounts, discounts at Fashion boutiques etc…

Al Raja Clinic, would be providing discounts to individuals holding the UAE ExchangeGold Cards. On presenting the UAE Exchange Gold Card at the clinic, customers could avail free consultation and various other discounts on medical services.

UAE Exchange is the largest networked among remittance brands with over 560 direct offices in 29 countries across five continents. Strong relationship with over 150 global banks further adds to its sophisticated technology enhances the strength of its 7000+ dedicated professionals representing over 40 nationalities. This alliance is part of the ongoing commitment of UAE Exchange to offer maximum convenience and flexibility to customers.

The agreement was signed and exchanged by Mr.Deepak Nair, Country Head-
UAE Exchange & Mr.Arun Govind, Director-Operations-Middle East Hospital Wll, in presence of the Press and Media.