Xpress Money, one of the fastest growing global money transfer brands, on Monday announced a flat fee of 1.70 Omani Rial (OMR) for remittances of any denominations to India during the Holy month of Ramadan.
This flat fee is the most competitive amongst other remittance service providers in Oman. With this festive offer, Xpress Money enables the expat population to send money to their loved ones back in India at an affordable fee of 1.70 OMR. Having the perfect combination of competitive exchange rates and affordable fee, Xpress Money is confident of offering the best deal to remit money to India in a simple, easy and secure manner.
“The Holy Month of Ramadan is very special to us and we are happy to launch this special promotion which will be of great value to our customers. This initiative falls in line with our commitment to provide affordable and easily accessible money transfer services” said Mr. Sudhesh Giriyan, Head, Xpress Money Business.
“India is a critical market for us. Apart from being one of the fastest-growing economies in the world, it is also the largest ‘receive’ market globally, with inward remittances upwards of USD 64 billion in 2011. Since it is such a high volume market, we are tapping into the efficiencies of scale that our extensive networks in Oman and India can generate and passing on the savings to our customers” he added.
Xpress Money has built a formidable pan-India network through tie-ups with leading banks, NBFC and single agent locations. It has also invested in robust technology to enable secure, reliable and convenient access to remittances for customers.
The promotional fee is an added advantage for the expat population using
Xpress Money services to send money to India and comes into effect following the successful launch and enthusiastic reception of the flat fee pricing for money transfers in the UAE-India corridor announced in April 2012. To broadcast its message of the most affordable pricing of 1.70 OMR to India, Xpress Money will be launching a 360-degree marketing campaign in Oman.
Xpress Money has pioneered new standards in money transfer services since its establishment in 1999. It offers a bouquet of services to address varied customer demands in both evolved and evolving remittance markets in ‘cash to cash’, ‘cash to bank account’, cash to mobile’, and ‘online money transfer’ categories. Xpress Money constantly innovates to bring homes closer for the growing expatriate community across the world.