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UAE Exchange Opens its 11th Branch in Bahrain

05-21-2012 07:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: UAE Exchange

Opening Ceremony of the 11th Branch In Bahrain

Opening Ceremony of the 11th Branch In Bahrain

The 11th branch, located on Exhibition Road, further strengthens the strong network of branches across the Kingdom of Bahrain.

Customers in Bahrain have yet another door of convenience opened for them. UAE Exchange, the leading global remittance and foreign exchange brand, inaugurates its 11th branch in Bahrain. The new branch, located on Exhibition Road, is the new link that strengthens the network further.

“More branches mean more convenience to our customers. The opening of the new branch is in line with our vision of being the trusted neighbourhood remittance brand, which our customers will find near them, always.”, said Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. “This constant network building activity reflects our penchant to reach out to more customers. It is a drive that we have taken up across all our operations, worldwide.”, added Mr. Sudhir Shetty.

Bahrain operations were initiated in 2008. Since then UAE Exchange has been constantly growing by garnering the trust of customers. The remittance major has gathered a wide range of services under one roof, which addresses most of the financial requirements of its customers including money transfer, foreign exchange, bill payments and more.

“We are extremely delighted to add one more branch to our strong network.”, said Mr. Deepak Nair, Country Head, UAE Exchange – Bahrain. “Bringing convenience to customers has always been a priority to us. This customer-centric approach has made us the favourite of customers, across the country. We dedicate this new branch to the service of our esteemed customers, who have always supported and encouraged us to deliver the best.”, added Mr. Nair.

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, are examples of some of the high quality services offered by UAE Exchange. These services along with a wide range of bill payment options have made UAE Exchange, a financial supermarket of sorts.

UAE Exchange currently addresses the financial needs of over 3.5 million 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.

About UAE Exchange
UAE Exchange is a leading global remittance and exchange house based in UAE with, with direct ‎operations spanning 30 countries across five continents with over 600 direct offices. With ‎correspondent banking relationship covering more than 150 global banks, and associations with ‎many leading brands globally to bring several value-added products to customers, UAE ‎Exchange, acclaimed the world over as the ‘World’s Trusted Money Transferor provides ‎unmatched service in the industry to a wide customer base of around 3.5 million. In UAE, the ‎brand has a leading presence with a network of over 101 branches covering all the Emirates. In ‎October 2009, UAE Exchange commenced its 30th year of successful business operations.

Contact Details:
Lahcen ATERTA
Manager Media Relations
UAE Exchange Centre LLC
Al Saigh Building, Hamdan Street,
PO BOX 170, Abu Dhabi, UAE
Telephone: +971-2-4945480
aterta.lahcen@uaeexchange.com

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