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UAE Exchange opens the 14th branch in Dubai Metro

07-03-2012 10:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: UAE Exchange

UAE Exchange Union Metro Inauguration

UAE Exchange Union Metro Inauguration

UAE Exchange opened Union Metro branch, the 14th one in the Metro railway station network in Dubai, which is also the 114th branch in the UAE and 600th globally.

The 14-branch network in Dubai Metro is spread in both red and green lines with seven branches in each line. In Red Line, branches are located in Khalid Bin Waleed, Jebel Ali, Emirates Tower, Emirates, Rashidiya, TECOM and Union stations. In Green Line, branches are located in Airport Free Zone, Oud Mehta, Etisalat, Salah Al Din, Stadium, Al Gubaiba and Al Fahidi stations.

"600th door of convenience is now open for our customers!", exclaimed Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. He was speaking on the occasion of the inauguration of the Union Metro branch in Dubai Metro Station, which is the 600th outlet of UAE Exchange, the leading global remittance and foreign exchange brand.

"Our aim of becoming the trusted neighbourhood brand has reached a new milestone. We have been incessantly spreading our network, worldwide, to get as closer to our customers as possible. Our standardisation drive has ensured that no matter in which part of the world customers are, they will not only be able to easily access UAE Exchange branches, but also experience the same quality of service.", added Mr. Sudhir Shetty.

Mr. Promoth Manghat, Vice President – Global Operations, UAE Exchange, said, "We continue our lead in being the largest globally networked remittance brand in the world. All our operations in 30 countries, across five continents, are constantly on the task of strengthening the network in their respective regions, which snowballs into one movement towards our aim of being the trusted neighbourhood brand for over 3.5 million customers and their dear ones, worldwide. In the process, we contribute to around 6% of the global remittance volume."

UAE Exchange started as a single branch in Abu Dhabi, UAE. In due course, the remittance major built a strong network across the Middle East. Today it has grown into a global brand with a wide network of branches, across the world. The new milestone is part of the remittance major’s drive to spread its footprints globally. From North America to Oceania, UAE Exchange has built and spread the culture of quality. The Union Metro branch, inaugurated in the UAE, is the latest link in the largest global network among remittance brands.

Speaking on the occasion, Mr. Varghese Mathew, Country Head – UAE Operations, UAE Exchange, said, "We are glad that our global network reaches the 600 mark with the inauguration of the Union Metro branch, which is the 14th branch in Metro Stations in Dubai and 114th branch in the UAE. We are the first remittance brand to enter the Metro Stations, for the benefit of our customers commuting in the trains, including tourists, who visit the UAE."

Recently UAE Exchange expanded its network in Asia, Africa and Europe by commencing operations in China, Malaysia, Ireland, Botswana, Seychelles, Kenya and Morocco.

The branch inauguration event was attended by all the senior officials of UAE Exchange, special invitees and the Media.

About UAE Exchange

UAE Exchange is a leading global remittance and foreign exchange brand, based in UAE, with over 600 direct offices in 30 countries across five continents. With ‎correspondent banking relationship with more than 150 global banks, and associations with ‎ leading global brands, UAE ‎Exchange provides ‎unmatched service to over 3.5 million customers, worldwide. In UAE, the ‎brand has a leading presence with a network of over 114 branches covering all the Emirates.

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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