UAE Exchange partners UNICEF for the underprivileged children

• UAE Exchange contributes AED 100,000 for the underprivileged children
• Fourth consecutive year of association between UAE Exchange and UNICEF

The holy month of Ramadan inspires acts of kindness, good deeds and charity, and such deeds done during this month are considered to be very sacred. As children are the future of any society, helping children overcome the barriers they face to achieve a healthy and bright future takes on special significance during this holy month.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, handing over a cheque to Dr. Ibrahim El Ziq, UNICEF Gulf Area Representative and Ms.Ourania Dionysiou, Advisor on partner relations for the Gulf, UNICEF. Also present in the photograph is Mr. Varghese Mathew, Country Head – UAE Exchange, UAE.

UAE Exchange, the leading foreign exchange and money transfer brand, understands this perfectly and has tied up with UNICEF (United Nations International Children’s Fund) this Ramadan, donating AED 100,000 to help children around the world. This is the fourth consecutive association of UAE Exchange and the UN body.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, said, “Depriving children of primary education is depriving society of progress. UNICEF has taken up a herculean task of helping those children who are in greatest need, thus providing them with an opportunity to improve their lives. UAE Exchange, as a socially conscious organisation, has always stood for causes that impacted the betterment of the society. Here too, we take pride in associating with UNICEF for this noble cause of bringing more smiles to the future generation.”

Dr. Ibrahim El Ziq, UNICEF Gulf Area Representative said, “We are grateful for the continued support of our partner UAE Exchange over the last four years. By working with UAE Exchange and other partners, we are able to reach more children and help them survive and thrive. We look forward to a continued strong relationship that would benefit more children over the coming years.”

UAE Exchange strives to go beyond profits, to make a difference in the society by touching the lives of everyone positively. The remittance major regularly ties up with various NGOs to stand up for various social, humanitarian and environmental causes.

The event for handing over the cheque was attended by senior officials of UAE Exchange, UNICEF and special invitees.

About UAE Exchange
UAE Exchange is a leading global remittance and foreign exchange brand with over 700 branches across 32 countries, which makes it the largest globally networked remittance brand. Its network of 150 correspondent banks adds to the might. In the UAE it has 135 branches, of which 16 are in Dubai Metro network.

UNICEF promotes the rights and wellbeing of every child, in everything it does. Together with its partners, it works in 190 countries and territories to translate that commitment into practical action, focusing special effort on reaching the most vulnerable and excluded children, to the benefit of all children, everywhere. For more information about UNICEF and its work visit: http://www.unicef.org

For more information log on to: www.uaeexchange.com

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UAE Exchange Gold Card Contest Winners!

UAE Exchange Facebook page was the epicenter of action and excitement in the last leg of 2013 with UAE Exchange Gold Card Contest. Customers heralded 2014 with the same spirit and joy as the contest culminated into a lucky draw, whereby 30 lucky customers won an iPad Mini each. They just had to log on to UAE Exchange’s Facebook page, enter their Gold Card number on the contest app and win an iPad Mini. The contest was conducted between 15th November, 2013 and 13th January, 2014 opening doors of victory for 15 oldest and 15 latest customers.

The lucky winners are:

1. Mehmood Hakim
2. Fazle Imam
3. Bharath Kumar Kanchan
4. Jaffar Ali Mohammed
5. Giridasan Baiju
6. Santhosh Kumar
7. Melita Monteiro
8. Mohamed haja kamil
9. Navin Sumithran
10. Riyaz Khan
11. Ajmal PK
12. Harish Govindh
13. Mohd. Samir Ilyas
14. Marcellus Fernandes
15. Hariymanek kiran pratap
16. Vineesh A V Varghese
17. Kamran Munir
18. chintan Rajput
19. Maria Kristina Camua
20. Sajid Bashir
21. Sam Rajan
22. Muhammad Waqas
23. Ritesh Thapa
24. Hesham Fathalla Abdel Maksoud
25. Aizah Obaid
26. Basir Mukhtar
27. Babu Chakraborty
28. Iresh Udayanga
29. Craig Dsa
30. Zeeshan Abbas

Thank you all for your participation and congratulations to all the winners. 

For more information, please  mail us at luqman.ahmedi@uaeexchange.com with ‘UAE Exchange Gold Card Contest 2013’ in the subject line.

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UAE Exchange Eid Mubarak Promotion, 2013 – Final Draw Winners Announced!

Hearty Congratulations to all the winners!
For any further clarification you may contact us at marketing.communications@ae.uaeexchange.com or visit your nearest UAE Exchange Branch in UAE Today!

UAE Exchange eyes more NRIs remittances as weak rupee, RBI steps spurt dollar inflows

MUMBAI: The Dubai-based global money transfer operator UAE Exchange is hopeful of netting 23 per cent more business volume this year, taking its market share over 12 per cent, as the steep fall in the rupee and RBI steps to attract dollars from the diaspora have led to a spurt in inflows.

Last year company handled USD 6.9 billion worth of remittances. UAE Exchange claims 10 per cent market share in the remittances business in the country, which totalled USD 69.2 billion last year and is projected to touch USD 71 billion this year.

“We have seen a sharp spike in remittances volume as the expats are taking advantage of the sharp fall in the rupee. The ongoing festive season will also add at least 10-12 per cent to the spurt in transaction volumes. Accordingly, we expect our volume to touch a record USD 8.5 billion this year,” UAE Exchange Vice-President for global operations Promoth Manghat told PTI.

The volume of the Dubai-based exchange till September grew 27 per cent to USD 6.5 billion, which was 7 per cent in the same period last year. The January-September period rise in remittances volume is the highest since 2008 for the company, he said.

The rupee, which fell close to 30 per cent between April and August has helped in attracting more dollar inflows. “The RBI’s special window to attract NRI dollar deposits, valid till November 30, has also driven high volume foreign currency remittances,” Manghat said.

NRIs also choose to remit money for gifting purposes during the festive season, apart from purchase of gold and other investment options including real estate.

Manghat said the average transaction volumes have risen by about 27 per cent so far this year and average transaction size has also increased by 7 per cent to USD 830 against to USD 775 in 2012.

“Remittances in Kerala have already crossed their annual target within the first six months of the year itself, recording inflows of over Rs 75,800 crore,” Manghat added.

The World Bank in a recent report said the country will continue to remain the top remittances destination this year with over USD 71 billion, up from USD 69.2 billion in 2012.

Source:
economictimes.indiatimes.com

Qatar-UAE Exchange Click ‘n’ Win Contest results!

Click ‘n’ Win Contest, which started on 25th August, ended on 23rd October, 2013. The results announced on 28th October, 2013, had the following customers as lucky winners. They had perfectly expressed how Qatar-UAE Exchange influenced their lives positively through their photographs.

The lucky winners include:

1st Prize: Mathew Joseph
2nd Prize: Arun Nair
3rd Prize: Joena Belena
4th Prize: Raquel Banao
5th Prize: Bonifacio Samontina Jr.
6th Prize: Manuel Molina
7th Prize: Sudhish Kumar
8th Prize: Mohamed Anfas
9th Prize: Meenakshi Singh
10th Prize: Gyan Kumar

Hearty Congratulations to all the winners! For any further clarification you may mail to alex.fernandes@uaeexchange.com

Get lucky this Eid and win AED 50,000

A total of AED 100,000 worth gift vouchers are waiting to be won. All you need to do is to send money to your dear ones from any of the 126 branches of UAE Exchange in the UAE. This Eid, when you send money home, you stand to win AED 50,000 worth cash vouchers as Mega Prize. 100 other lucky customers will win a cash voucher of AED 500 each. So make this festival special with your trusted money transferrer.For more information visit your nearest UAE Exchange branch in UAE or call 600 555 550 (Valid in UAE only)For call back service, send an SMS message to 6000 (both Etisalat and Du)

UAE Exchange Onasowbhagyam promotion- Second Draw Winners Announced

For any further clarification you may contact us at business.promotions@uaeexchange.com or visit your nearest UAE Exchange Branch in UAE Today!

Meet the World’s Trusted Money Transferrer at Stand B47, SIBOS 2013

This time SIBOS has come to UAE, the home of UAE Exchange – the leading global remittance & foreign exchange brand. With over three decades of trusted service, UAE Exchange is now present in 30 countries across five continents with over 700 direct offices, thus becoming the widest globally networked remittance brand.
In 2012, UAE Exchange handled payments worth 23 Billion USD, which accounts for 6% of global remittance market. Technology adoption has been the forte of UAE Exchange, which attributes to the innovative products it has brought into the market, like the real-time account credit facility, ‘FLASHremit’. Such innovative feature-rich products, coupled with excellent customer service and stringent focus on compliance have made UAE Exchange the trusted brand for its six million registered customers. The strong correspondent banking relationships with over 150 leading banks and SWIFT membership add to the might.

UAE Exchange welcomes you to visit us at Stand B47, where our representatives would be pleased to introduce you to our organisation in detail. We are positive that we would discover many areas to work together.

To schedule a meeting with our Senior Management team at SIBOS, kindly contact Mr. Rajiv M. Philip on +9716670914 or e-mail on rajiv.philip@uaeexchange.com | online.desk@uaeexchange.com

See you at SIBOS!

UAE Exchange Joins ‘Fight Hunger’ Cause with UN World Food Programme

Contributes AED 100,000 to feed school children in Africa as part of its CSR initiatives
Dubai, UAE, July 3, 2013: The leading global remittance and foreign exchange brand, UAE Exchange, today announced support for the UN World Food Programme (WFP) to fight hunger as part of the brand’s continuing community support initiatives across the world. Towards this an event was jointly organised by UAE Exchange and WFP.

The global money transferrer has a wider CSR mandate, which spans across various countries and the initiative in Africa was one such significant gesture in its campaign to make the world a better place to live and to contribute to the cause of fighting hunger among school children in Africa. Daily school meals encourage parents to send their children to school regularly and help students concentrate better in class.
Announcing a contribution of AED 100,000 to WFP’s school meals programmes in Africa, Mr. Y Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, said, “This contribution is an endorsement of the great efforts done by WFP to fight hunger in Africa and a humble step from our side to contribute to causes as pertinent as hunger and food security. As a brand, which mainly serves the ‘bottom-of-the-pyramid’ segment, we understand the difficulty of scarcity in life, especially that of food. We are more than glad to support WFP for the cause.”

“At UAE Exchange, we believe in joining with partners, who make a difference to the world. A lot needs to be done in Africa to address the basic needs like hunger, more so among the next generation. Hence we feel honoured to join hands with the UN World Food Programme for the school meals programme and thus do our bit to build a healthier world.” said Mr.Promoth Manghat, Vice President – Global Operations,
UAE Exchange.

Mr. Ashraf Hamouda, Regional Head of Private Partnerships & Business Development, WFP, said. “Daily school meals make a huge difference for many children in Africa who may not have anything else to eat. With UAE Exchange’s support, more children will have the opportunity to go to school, which means a better future for them, their families and their communities.”

The event was attended by senior officials from UAE Exchange and WFP along with special invitees and the Media.

For more information, log on to www.uaeexchange.com

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UAE Exchange launches Money Majlis 2013

UAE Exchange will overwhelm its customers who send money from any of the UAE Exchange branches in the UAE with exciting prizes. The promotion is valid from 1st July to 16th August, 2013. Prizes include cash vouchers, gold coins and one Mega Prize of National Bonds worth 100,000 AED. The draw will be held on 21st July and 5th August with the mega draw on 20th August, 2013.

UAE Exchange, the leading global remittance and foreign exchange brand has always believed in celebrating its customers as an appreciation for their patronage. And it’s that time of the year the remittance major launches one of its oldest and most famous promotionsMoney Majlis to indulge in its customers. Those who send money from any of the branches of UAE Exchange in UAE between 1st July and 16th August, 2013 qualify for the draw. There will be one mega prize of National Bonds worth 100,000 AED, 30 cash prizes worth 2,500 AED and 47 prizes of gold coins weighing 8 gms each. The draw will be held on 21st July and 5th August with the mega draw on 20th August, 2013.
“Value addition to customers is what UAE Exchange aims at every time. We make use of every opportunity to come up with exciting promotions that will make a difference in the lives of our customers. Money Majlis has been one of the popular promotions amongst our customers since it has touched up on their lives and has changed them in a special way, and we hope it continues to do so this year also.” said Mr. Varghese Mathew, Country Head – UAE Operation, UAE Exchange.

UAE Exchange has built over 700 branches in 30 countries across five continents, which is the largest in its class. Strong correspondent relationship with over 140 global banks further adds to the might. With this wide-spread network, the remittance major serves over six million customers, worldwide. In the UAE it has 125 branches, where customers can easily walk in to address their multiple financial requirements viz., money transfers, currency exchange, bill payments, salary collection, prepaid cards and more, under one roof. The remittance brand is the first in its class to establish itself in the Dubai Metro Network in which it has 14 branches. This desire to bring convenience to customers with high quality quotient has won UAE Exchange many awards and earned the trust of customers, partners and regulators alike, thus earning the acclaim of the World’s Trusted Money Transferrer.

For more information log on to: www.uaeexchange.com

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UAE Exchange’s gocash Prepaid Travel Card wins PayExpo Award

UAE Exchange has yet another colourful feather on its cap. gocash, the first six-currency prepaid travel card from UAE Exchange, was honoured with the prestigious PayExpo award for 2013, in London. PayExpo is Europe’s esteemed exhibition event that brings to the fore the brightest and most promising innovations in the payment sector. UAE Exchange was conferred with the award at the International Exhibition and Convention Centre, ExCel, London, during the award ceremony held as part of the two-day PayExpo exhibition on 18th and 19th June, 2013.

gocash is a first-of-its-kind prepaid travel card in the Middle East. Currently available in the UAE, gocash enables travellers to load up to six different currencies from a bouquet of 15, for their spending during travel. gocash card makes foreign spending easier, safer, and cost-convenient, with its multiple features, including exchange rate lock facility and PIN protection. gocash enables users to withdraw at any ATM or swipe at any merchant location approved by MasterCard.

This prestigious award is a recognition to the UAE Exchange’s penchant for innovation, quality and customer convenience.

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UAE Exchange ties up with Cox & Kings Tours for Payment Collections

Dubai, 2013: The leading global remittance and foreign exchange brand,
UAE Exchange, has tied up with Cox & Kings Tours LLC to offer customers the option to pay airline fares, tour package costs and payments for other travel-related services at its branches.

In a statement, UAE Exchange said that the partnership is in line with its mission to enhance its payment solutions portfolio that facilitates payments by customers on a variety of fronts from travel to credit card payments. “The partnership with Cox & Kings further endorses our strategy to be an entity that constantly tracks customer needs and offer them viable, alternative and easy to access platforms for payments. We are delighted to join hands with a reputed travel leader like Cox & Kings,” said Mr. Varghese Mathew, Country Head – UAE Operations, UAE Exchange.
“Our partnership with UAE Exchange has added more value to our consolidated travel offerings and we believe will enhance our reach across the UAE. We are confident that this strategic relationship will have a positive impact on the businesses of both the entities,” said Vinod Kumar, Sr. General Manager- Outbound, Cox & Kings. The partnership will help customers complete their payment formalities towards confirmed travel bookings with Cox & Kings at the UAE Exchange counters. This will be a significant facility, particularly those who do not own a credit or debit card. The payment can be done at any of the 125branches of the UAE Exchange in the UAE.

Notes to the Editors:
About UAE Exchange
Known for its excellent customer service and widest network among remittance brands,UAE Exchange has over 700 branches in 30 countries serving over six million customers. Strong correspondent relationship with over 150 global banks further adds to the might. With 125 branches in the UAE, employees of Smart Pay clients not only can walk in to the nearest one to receive their salaries on time, but also address their multiple financial requirements viz. money transfers, currency exchange, bill payments and more, under one roof. It is now more convenient for them as UAE Exchange has established 14 branches in the Dubai Metro network, the first remittance brand to do so. This penchant for quality has won UAE Exchange many awards and earned the trust of customers, partners and regulators alike, thus earning the acclaim of the World’s Trusted Money Transferrer.

For more information, visit www.uaeexchange.com
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About Cox & Kings
Cox & Kings is the world’s longest established travel company, as old as 1758, headquartered in Mumbai has a presence in over 13 countries worldwide. Our worldwide offices are located in India, UK, USA, Japan, Russia and Singapore with associate offices in Germany, Italy, Spain, South Africa, Sweden and Australia and UAE.

Cox and Kings Tours LLC, is a little over 7 years and is located in Karama and offers a wide gourmet of services like Holidays, Hotels, Cruises, Tickets, Corporate Travel, MICE, Insurance etc. With specialisation in holiday business, we cater to a wide range of holiday products like Group Tours, Individual Holidays, Tailor Made Holidays, Incentive Holidays, Community Holidays, School Group Holidays etc.

It’s our endeavour to make all our guests feel comfortable in planning their holiday and are happy brand ambassadors for Cox and Kings. Cox & Kings is a one-stop Travel Fulfilment Center with an online as well as offline presence.

For more information, visit www.coxandkings.ae and follow us onwww.facebook.com/coxandkings.ae
for exciting offers, contests and events.