Media-Center

UAE Exchange releases the book 'Lata - Voice of the Golden Era' - April 2011

- A tribute to Lata Mangeshkar by Dr. Mandar V. Bichu
- The book was unveiled by Dr. B. R. Shetty, MD & CEO, NMC Group on 23rd April, 2011

UAE Exchange increases presence in Al Gharbia, the Western Region of Abu Dhabi

- Opens 3 more branches in strategic locations

“We identify an opportunity, when we see one.” said Mr. Y. Sudhir Kumar Shetty, COO — Global Operations, UAE Exchange, while talking on the occasion of the inauguration ceremony of three new branches in Sila, Ghayathi and Liwa. The new outlets are strategically planned in Al Gharbia, the Western Region of Abu Dhabi, a fast upcoming hub with focused developmental activities of the Government of UAE. UAE Exchange currently has three branches in the region — Ghayathi, Madinat Zayed and Ruwais. With three new branches, its presence in the region will be strengthened to six. 

Mr. Shetty further added that, “The UAE Government through Western Region Development Council (WRDC), has identified the potential of the province and has planned out to develop it extensively. This shows the farsightedness and vision for a bright future set by the Government. These new branches will add to our strong network of over 500 branches across 22 countries in five continents. They also strengthen our extensive network in the UAE, taking the total score to 96.”

Always a harbinger of change, UAE Exchange with its innovative approach and strategic partnerships, has continued to add new products and services to its wide range and bring more value to its customers. Its strong correspondent relationship with over 150 global banks adds to the convenience.

“Over three decades, UAE Exchange has grown into a people’s brand globally; winning customers through its unwavering focus on reliability, product quality and service excellence. A strong community member and a responsible corporate citizen, UAE Exchange has always aimed to add value to customers, partners, communities and the society at large. Today customers turn to us not only for remittance and Foreign Exchange but for solutions for their multiple financial requirements. And I feel UAE Exchange today can be considered as a financial supermarket.” said Mr. Shetty before signing off.

UAE Exchange wins Banker Middle East Products and Dubai Service Excellence Scheme awards

Quality service has always scored high. UAE Exchange, the leading global remittance and Foreign Exchange brand, winning multiple awards for service stands testimony to this. The latest recognitions for the remittance major came through the Banker Middle East Products Award in Best Exchange Service category and also the Dubai Service Excellence Scheme Award in the Best Performing Outlet category, recently in Dubai.

Discover Amazing Thailand with UAE Exchange

Discover Amazing Thailand with UAE Exchange - May 2011

UAE Exchange is glad to announce the strategic tie-up with the Tourism Authority of Thailand (TAT). As part of various global marketing initiatives planned with TAT we have triggered off ‘Amazing Thailand’ promotion. The promotion will be running in 5 countries — United Arab Emirates, Bahrain, Qatar, Kuwait & Jordan - for a period of 6 months starting from 1st May, 2011 till 30th October, 2011. All customers, who send money through any of the UAE Exchange branches in the UAE, Bahrain, Qatar, Kuwait or Jordan during this period, get a chance to win a tour package to Bangkok. One customer every month from each of the five countries mentioned above will win a tour package (two pax) to Thailand.

Prize Details:

  • 30 holiday packages to be won
  • Five holiday packages to be won every month
  • Each country will have one winner every month

Eligible transaction(s) for the draw:

  • Customers making remittance transactions for a minimum amount of USD 1,500 and above
  • Customers who purchase Thai Baht, the currency of Thailand
  • Customers who load Thai Baht in ‘’go cash’’ travel card

Now you can receive money from India easily!

Customers’ convenience has been the foremost thing in UAE Exchange’s preamble. We continuously seek innovative ways to add value to you, our customer, with new products and services. Receive Money Remittance from India is one such unique service by our India operations. You can now receive money from India to your bank account anywhere in the world.

Salient Features

  • Receive money from India to your local bank account anywhere in the world within 48 hours.
  • Send up to USD 100,000 abroad in a Financial year from your NRO account under the ‘’Maintenance to close relative’’ category.
  • Cash Payment of up to a maximum of Rs. 50,000  in a single transaction.
  • Remit up to USD 1 million in a financial year  from your NRE/NRO account to any foreign country.
  • Remit up to USD 200,000 to a NRI friend settled abroad under the ‘’Gift purpose’’ category in a financial year.

Note:
- Payment above Rs. 50,000, by A/C payee cheque, pay order or A/C payee DD required.
- Minimum of Rs. 250 + Service Tax for every transaction.
- Money cannot be sent to a foreign national’s account.

UAE Exchange launches Jashan-e-Bahara Promotion

UAE Exchange launches Jashan-e-Bahara Promotion - February 2011

Offer valid from 25th Feb. to 25th Apr. 2011

Total cash prizes worth up to PKR 2,000,000 to be won

UAE Exchange, the leading global remittance and Foreign Exchange brand, based in the UAE, has launched the 2011 edition of its popular promotion Jashan-e-Bahara, offering customers, who send money to Pakistan during the promotion period, cash prizes worth up to
PKR 2,000,000.

All customers, who send money through any of the UAE Exchange branches in the UAE to Pakistan (from 25th February, 2011 to 25th April, 2011) will be eligible for the one corresponding fortnightly draw and the mega draw automatically. This 60-day promotion includes four fortnightly draws and one mega draw. A total of 303 winners will be announced, of which 280 winners would be picked during the fortnightly draws. Every fortnight, a set of 70 winners would be picked, of which 20 would get from a range of prizes including Food Processors, Rechargeable Fans, LED Lanterns DVD Players and Mini Hi-Fi Systems.

50 winners will get their transaction amount back, up to a maximum of PKR 5,000 each. The Mega Draw would be held at Dubai on Wednesday, 27th April, 2011, in which 23 winners will be picked. While 10 winners get return air tickets to Pakistan, 10 winners will get an LCD TV each. And among the remaining three winners, the first prize winner would walk away with PKR 500,000; the second prize winner with PKR 300,000 and the third prize winner with
PKR 200,000 respectively.

Y Sudhir Kumar Shetty, COO - Global Operations, UAE Exchange, said: “We are extremely delighted to introduce this special cash bonanza for our Pakistani customers on the occasion of Jashan-e-Bahara. Over the last few years, we have received overwhelming response for Jashan-e-Bahara promotion from our customers and this year also we are expecting a similar response. Such offers help us to raise the bar of our service standards further and give our customers greater value for their money through various prizes. Fortnightly draws provide greater opportunities to win. These prizes are a token of love to our cherished customers, who bank on our trusted services and whose association, we nurture and nourish.”

He further added: “We are extremely thankful to our reliable partners, United Bank Limited and Digitron, for associating with us to bring this exciting promotion to our customers. Having earned the trust and respect of our customers over three decades by providing them with unparalleled, thorough and impeccable services, we are thankful to all our customers for their continued support. ”

The strong tie-ups that UAE Exchange has entered into with a wide range of Pakistan’s banking and non-banking entities including Allied Bank Limited, Askari Bank Limited, Bank Alfalah Limited, Habib Bank Limited, Muslim Commercial Bank Limited, National Bank of Pakistan, Standard Chartered Bank, United Bank Limited, Bank of Punjab and Dubai Islamic Bank Pakistan Limited, will further enhance customers’ convenience, who send money to Pakistan and to their beneficiaries back home.