Legal Money Transfer to Pakistan

Officials from the Pakistan Embassy in Bahrain and UAE Exchange along with Xpress Money – the instant money transfer company awarded Pakistanis for choosing to send money through ethical and legal channels.

UAE Exchange is a global leader in remittance and foreign exchange with three decades of outstanding growth history. It owns a strong network spreading 29 countries across 5 continents with more than 555 direct offices across the globe.

Xpress Money in association with UAE Exchange their largest agent partner in the world presented a certificate recognizing 50 of the highest remitters to Pakistan.

"We believe that a gesture like this from time to time will reinforce the importance of using legal channels in the minds of our customers. The support from the Government of Pakistan sends out a strong message to the
community." said Pushpak Damania - Regional Vice President – Business Development - Middle East, North Africa, Afghanistan & Pakistan.

The money laundering phenomenon has been the nemesis of the money transfer industry, even with robust Anti Money Laundering policies and stringent laws it has been tough to quell. By appealing to the good sense and ethical conscience of the people is perhaps the most effective way to stamp out the havaala market. This will be the first program of this nature to be organized at any Pakistan Embassy across the world and will hopefully be the first of many.

"UAE Exchange has established a brand, which benefits people from different communities and cultures of the world: a brand that can always be trusted to take care of their entire money transfer and money exchange needs in the most efficient and affordable manner, wherever they are in the face of earth." Said Country Head-Deepak Nair- UAE Exchange, Bahrain

After the award ceremony the embassy official said, "The Government of Pakistan is taking a number of steps to stop the Money Laundering racket. Just like every drop makes an ocean, every single individual who chooses to use legal means can make a huge difference and that is the message we wish to send out to the community at large."