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Money Majlis, the popular annual promotion, from UAE Exchange, launched for 2012. 101 exciting prizes await customers, who conduct money transfer or other financial transactions at UAE Exchange branches in Bahrain, between 1st August and 31st October, 2012. Prizes include an SUV and total cash worth 1,000,000 in payout currencies.

Money Majlis Bahrain

Sending money from any UAE Exchange branch in Bahrain can win our customers an SUV and more! The leading global remittance and foreign exchange brand presents the 2012 edition of Money Majlis, one of its most popular promotions. Customers, who send money or make other financial transactions at any of the UAE Exchange branches in the Kingdom of Bahrain, will qualify for the draws. Apart from an SUV in the mega draw, a total amount of cash worth 1,000,000, in respective payout currencies, awaits 100 customers in three monthly draws. They will get the transacted amount back up to a maximum of 10,000 in their respective payout currencies. The promotion, which started on 1st August, will continue up to 31st October, 2012, and would emerge with 101 lucky customers chosen in three raffle draws, slated on 3rd Sept., 3rd Oct. and 5th Nov., respectively. The mega draw will also be on 5th Nov. 2012. UAE Exchange is conducting this popular promotion in association with Xpress Money, the leading global instant money transfer brand, with over 135,000 agent locations across 125 countries.

ÔÇ£UAE Exchange connects expatriates with their dear ones, across the globe, more passionately than anyone else.ÔÇØ said Mr. Deepak Nair, Country Head ÔÇô Bahrain Operations, UAE Exchange. ÔÇ£At UAE Exchange, we ensure that our promotions add value and raise the standards of our service further, by presenting the customers with greater qualitative experience. This promotion is one among the many, which we have lined up, round the year, for our esteemed customers in Bahrain. The prizes, which we offer are a small step towards making many dreams come true.ÔÇØ added Mr. Nair.

ÔÇ£We are extremely glad to announce another edition of the Money Majlis promotion.ÔÇØ, said Mr. Gopakumar Bhargavan, Chief Marketing Officer, UAE Exchange. ÔÇ£This all-community promotion is one of the oldest and most popular marketing promotions from UAE Exchange, offering customers high-value prizes. We are thankful to our associate, Xpress Money and our partners for making this 2012 edition more exciting for our dear customers.ÔÇØ, added Mr. Gopakumar.

Talking about the promotion, Mr. Pushpak Damania, Head - Business Development, MENA & AFPAK, Xpress Money, said, ÔÇ£As a brand, we look to be closely engaged with both our customers and our partners and we found Money Majlis to be the perfect combination of both. This yearÔÇÖs Money Majlis promises to be bigger and better for the customers and I am sure it will be well accepted. We hope that it will prove to be another successful customer promotion for our partner, UAE Exchange, in Bahrain.ÔÇØ

UAE Exchange, the first remittance brand to get an ISO certification in the Kingdom, offers this promotion across its 11 branches in Bahrain. The trusted money transfer partner, for millions of customers, has built a network of over 600 direct offices in 30 countries across five continents, which is the largest among remittance brands, globally. A strong correspondent relationship with over 150 leading global banks fortifies its strength.
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Is salary payment a nightmare for you every month? While it is interesting and exciting to watch the business grow, when the number of employees grows with it, payroll management becomes a daunting task. Tedious paperwork, errors and backlogs haunt you out of peace. As you struggle on your way through, your employees may suffer with inconsistent and erroneous salary payment. So the situation is definitely not an advisable one for both parties.

As United Arab Emirates (UAE), in the past 30 years, witnessed great development on the economic front, many businesses mushroomed and employee base increased phenomenally. With the increase in manpower, authorities felt the need to streamline salary disbursal process which will reduce inconvenience to both employers and employees.

Towards this the UAE Ministry of Labour and UAE Central Bank together came up with a unique solution called Wage Protection System (WPS). This award-winning initiative was equipped to streamline salary disbursal issues. As per the GovernmentÔÇÖs vision it was mandatory for all corporate entities to be registered under WPS and to comply with its regulations, which protected the interests of both employees and employers.

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UAE Exchange Malaysia Celebrates Philippines Independence Day

As a mark of respect to the Filipino community, UAE Exchange Malaysia participated in the Philippine Independence Day celebrations, conducted by the Embassy of Philippines in Malaysia on June 9, 2013. The event witnessed participation from nearly 3000 Filipinos, business entities, and other organisations.

Giving more reason for celebration were UAE ExchangeÔÇÖs discount coupons for individuals sending money to Philippines. The coupons were distributed as a mark of appreciation for the trust that customers continue to bestow on UAE Exchange. Customers sending money to Philippines receive a 50% discount on their transactions by submitting the coupon at UAE Exchange branches.

The Independence Day event gave UAE Exchange an opportunity to further strengthen its bond with the Filipino community and create a foundation for long-lasting relationships.

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Xpress Money LogoMuscat: Xpress Money, one of the fastest growing global money transfer brands, recently announced a flat fee of RO1.70 for remittances of any denomination to India during Ramadan. This is among the lowest rate of money transfer fees among remittance service providers in the Sultanate of Oman.

By combining effective management of exchange rates and an affordable transfer fee of RO1.70, Xpress Money now offers one of the lowest rates to customers in Oman who send money to India. It is also among the few remittance services to offer a flat fee for any amount sent via its network from Oman to India.

Pushpak Damania, Head-Business Development for Mena Afpak, Xpress Money, said: "India is the largest remittance receiving market in the world with inward remittances upwards of $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. The holy month of Ramadan stands for sharing with the community, so we thought why not share this initiative with our customers, at this special time. Affordable

This rate reduction highlights our commitment to make money transfer services more affordable and easily accessible to customers.-┬Ø Xpress Money has built a formidable pan-India network of 36,000 agent locations through tie-ups with leading banks, non-banking financial institutions and single agent locations.┬áIt has also invested in robust technology to enable secure, reliable and convenient access to remittances for customers. To broadcast its message of lowest pricing of a flat fee of RO1.70 to India, Xpress Money will launch 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.


Xpress Money launches campaign on safe remittance

Xpress Money, engaged in money transfer business, has launched a State-wide campaign to educate people, particularly families whose kin make remittances from abroad, about risks involved in ÔÇ£illegitimateÔÇØ means of money transfer.

In view of the fact that a large number of people make remittances in ÔÇ£unsafeÔÇØ ways, the money trading firm has decided to educate consumers about safe remittance practices and legal means of money transfer besides creating awareness about the brand.

Districts to be covered:
The campaign was formally launched on Wednesday with flagging off of a canter that would cover all major remittance locations like Karimnagar, Adilabad, East and West Godavari district.

Xpress Money global marketing and communications head Vinesh Nair who launched the campaign said the money transfer firm adopted below the line approach in the State to enable meeting customers at their locations. A large number of families who receive remittances from abroad were low on awareness about safe remittances and hence, the campaign to reach out the grass root level, he said.


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  [youtube=]Win free air tickets to your home country. UAE Exchange and Western Union have come together to organise the popular Fortune Fiesta contest. Customers, who send money between 20th October and 30th November, 2014 through Western Union from any UAE Exchange branch in the UAE, are eligible to participate in this contest. Ten winners get return air tickets, 20 winners receive iPhone 6 and 25 winners receive cash vouchers worth AED 2000 each.

For more information visit your nearest UAE Exchange branch in UAE or call 600 555 550 (Valid in UAE only)For call back service, send an SMS message to 6000 (both Etisalat and Du)

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ThereÔÇÖs a saying that God lives in the laughter of a child. Children are our future and the solution for a better tomorrow. It is our primary duty as responsible human beings that we create a healthy environment for them to grow.

Did you know that every ten minutes a girl child dies as a result of violence? Violence against children happens anytime and anywhere. People who are supposed to be nurturing a child, viz. the parents and teachers are usually the ones doing the harm.

universal childrens day

Apart from death, which is the most devastating result of violence, there are other consequences too. Traumatised childhood, permanent physical disability, severe emotional instability etc., are some of the disturbing consequences of a victim of child abuse.

As we observe World ChildrenÔÇÖs Day today, let us consciously make an effort to ┬árespect our future citizens by providing them a safe and secure childhood. As adults, it is in our hands, literally, to ensure that we protect them from being abused.

We at UAE Exchange firmly believe in standing up for causes of underprivileged children. We regularly associate with various NGOs including UNICEF, to support their initiatives to help children. As a money transfer service provider, we meet with so many expats who come to us to send their money back home. These people stay away from their families and work hard to improve their childrenÔÇÖs living standards and hence, can understand the value of a good childhood. This childrenÔÇÖs day, we are conducting an awareness drive on violence against children and its consequences, and urge our customers to take an oath to protect children from abuse.

Any change has to begin from within, hence join us, take an oath, spread the word and bring back the lost innocence.




The leading global remittance and foreign exchange brand was awarded with the Dubai Chamber CSR Label for the second consecutive year, 2013. The award function took place on the 21st of January, 2014.


UAE Exchange has always believed in emerging into a model corporate citizen. In its 33+ years of active presence in the industry, the remittance major has ensured that it contributed towards forming a stable and healthy society. These efforts were recognised by the Dubai Chamber CSR Label, which awarded the CSR Label to UAE Exchange for the second consecutive year. The event took place on the 21st of January, 2014 at the Dubai Chamber premises. Mr. Varghese Mathew, Country Head, UAE Exchange - UAE, received the award from His Excellency Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber Board. The Dubai Chamber of Commerce and Industry honoured 13 major organisations for their efforts to lead by example in corporate social responsibility and sustainability.

On the occasion, Mr. Varghese Mathew said, ÔÇ£Receiving the Dubai CSR Label for second time is a great motivation for all of us at UAE Exchange. We have always aimed at making a difference to the society, beyond profits. Utmost care has been taken to touch upon the lives of everyone positively, empowering communities; contributing to economies; serving and replenishing the society at large. This is a very proud moment for all of us and we hope to bring about transformation and celebration into our society furthermore.ÔÇØ

The Dubai Chamber CSR Label has been designed to provide a free diagnostic framework, as well as a learning and development tool that will help companies to define and improve their CSR strategy, policies, and management practices. It is tailor-made for the Middle East, specifically for the UAE, and is based on international standards and best practices. Streamlining CSR initiatives in corporates; reviewing, evaluating and providing feedback of a companyÔÇÖs CSR strategies and actions; creating better communication between companies and stakeholders on CSR commitments, are some of the objectives of this initiative.

Over the years, UAE Exchange has joined hands with many Non-Governmental Organisations (NGOs) to stand up for various humanitarian and environmental causes.┬á In 2012, the remittance major held a nation-wide campaign ÔÇÿMission Zero SuicideÔÇÖ to help expatriates to cope up with the economic crisis leading to financial instability. UAE Exchange regularly ties up with UNICEF and UNWFP for various social and environmental causes. As an organisation, UAE Exchange has always been sensitive towards those, who havenÔÇÖt been fortunate enough and always felt the need to add value to their lives. It is these efforts, which have found recognition.

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


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World Earth Day observed on April 22, 2013, saw numerous environment-friendly events being undertaken by UAE Exchange, UAE. Environment awareness programmes were conducted at 22 labour camps, and schools. UAE Exchange also planted saplings at several locations and undertook clean-up activities in various public places.

Celebration of World Earth Day is one of the several activities that UAE Exchange undertakes as part of its Corporate Social Responsibility. UAE Exchange has been in the forefront in supporting various causes including sports, arts, and human welfare.

Following are some photographs of the various activities undertaken on World Earth Day:




~Top climbers commence 58 day challenging expedition to clean Mt. Everest~


Kathmandu, Nepal: 11th May, 2012 -Xpress Money, one of the fastest growing money transfer companies in the world, in conjunction with Asian Trekking (P) Ltd ÔÇö a leading organizer of treks and expeditions in Nepal and Tibet, launched ÔÇÿXpress Money Eco-Everest Expedition 2012ÔÇÖ a unique clean up expedition on Mount Everest or Sagarmatha- the worldÔÇÖs highest peak.

This yearÔÇÖs expedition would be led by Dawa Steven Sherpa, Managing Director, Asian Trekking, Nepal, and Apa Sherpa, the world record holder with 21 ascents to Mount Everest. Asian Trekking has been conscious about the waste around the mountain and has so far conducted four successful expeditions from 2008 ÔÇö 2011.

Every year hundreds of foreign and local trekkers attempt to reach the summit. In addition, there are thousands of tourists who gather to witness the natural beauty of the mountain. The increasing number of climbers and tourists to Mount Everest are putting great strains on the fragile eco-system, resulting in heaps of waste from the base camp to the peak. The climatic changes has resulted in melting of the snow revealing the waste which has been hidden for decades including oxygen cylinders, tent and climbing equipment. The current expedition would focus to climb Mount Everest in an eco-sensitive manner and bring down waste from the peak. The expedition would use alternative energy solutions like the parabolic solar cookers, solar energies for lighting and the SteriPENs for water purification.

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Mr. Vinesh Nair, Vice President ÔÇö Global Marketing & Communication, Xpress Money said ÔÇ£Xpress Money understands the importance of conservation of the ecosystem and bio-diversity in Himalayas. The tie up between Xpress Money and Asian Trekking (P) Ltd., for Eco-Everest Expedition is an important movement for building sustainable livelihood of the mountain communities. This cleanup expedition would restore the beauty of the mountain and aid in awareness on the impact of climate change in this sensitive region,ÔÇØ he added.

Mr. Ang Tshering Sherpa - Chairman, Asian Trekking (P) Ltd. said "The tourists arriving at Mount Everest from Nepal and overseas come with hope of experiencing the divine and the pristine feeling that one attains after witnessing the highest peak. We wish to restore this beauty of the summit for the future generations. This is our duty towards our country, ecosystem and Mount Everest,ÔÇØ he added.

So far, Eco-Everest Expedition has brought down over 14,000 kgs of garbage from Mount Everest for proper disposal. In addition, four bodies were also recovered and brought down for a dignified burial and funeral. Every year the collected garbage is ferried down to the Base Camp where it is sorted into biodegradable waste which is handed over to the Sagarmatha Pollution Control Committee (SPCC). The non-biodegradable garbage is brought down to Khumjung for further disposal and management.


On 11 May, Mr. Vinesh Nair (VP, Global Mktng & Comm) handed over the Xpress Money flag to Mr. Ang Tshering Sherpa (Chairman, Asian Trekking (P) Ltd) in Kathmandu!

With 50 more days left to complete the expedition, Xpress Money looks forward to a massive clean up of the Mt Everest by a team of brave mountain climbers.



3rd May 2012, Thursday:

Sudhesh Giriyan ÔÇö Head, Xpress Money Business and Vinesh Nair Head - Global Marketing & Communications, Xpress Money unveil the flag that will be carried to the summit of Mt. Everest by Climbers who are participating in the Xpress Money Eco Everest Expedition 2012, organized by Asian Trekking. The Expedition will undertake a 58 day journey to the top of Mt. Everest, collecting garbage and human waste along the way, in a bid to restore the natural eco-system of the mountains clean. The flag will be hoisted on top of Mt. Everest at the end of this expedition.

@ asian-trekking

Nepal is one of the top 20 markets for Xpress Money


Vinesh Nair is the vice president, global marketing and communication, of Xpress Money -- a UK-based remittance company. He was recently in Nepal to launch Xpress Money Eco-Everest Expedition 2012 -- a clean-up campaign on Mount Everest -- in partnership with Asian Trekking.

In an interview with Republica, he discussed the company┬┤s role in the Mount Everest clean-up expedition and company┬┤s experience in Nepal.

How much are you spending on the Everest clean-up campaign?
At this point, we are spending in excess of US$15,000. But we will contribute more if the need arises. We believe it is just the beginning and we understand what it takes to make the campaign successful. We are very committed to it and we want to continue this partnership.

Are you implying that the company plans to support the event in the years to come?
Yes of course. We have spoken to the expedition team here and we know the journey they have embarked on is genuine, worthwhile and very well-planned. Besides, the expedition consists of a team that is very experienced and the person who is leading the expedition (Apa Sherpa) has been to the Everest summit for a record 21 times. So we definitely intend to be a part of it in the future.

Let┬┤s talk about the company now. How do you see remittance market in Nepal?
Nepal is one of the top 20 countries in terms of revenue generation for Xpress Money. The county receives remittances of $3.5 billion per year. With an agent network in over 6,000 locations in the country and 26 agent partners onboard, we believe we bring a significant chunk of money to the country. And in the last four years since we entered Nepal, we have made significant inroads into this market. We see a promising future for Nepal.

But there is a huge competition in the market isn┬┤t it as there are experienced players who have been in the business long before you joined the race?
Yes there is huge competition. But we believe the reason why the company has been successful in just 12 years of its existence is that we have a clear roadmap. In 12 years, we have managed to expand our business to 135,000 locations in 125 countries and by 2015 we intend to be on every country on the planet. Besides, we have very clear product offerings, which include cash to cash and cash to account facilities. All the companies have those product line-up.

So what gives your company the edge?
Our biggest advantage is that we work very closely with customers on countries from where the money is sent and in the country that receives the money. This is because you need to understand what customers want. At the same time we also work closely with agent partners as they play a critical role in delivering the quality of service that the company envisages.

But at the end of the day everything boils down to cost isn┬┤t it, since most of your clients are migrant workers who cannot afford to fork out huge sums?
You will be surprised but many people are willing to pay a certain premium for certain experience they want.

Would you like to have your cash delivered at the time you want or pay little less and face a lot of problems?
You can compare our service charges with some of the biggest players on earth and our rates are far more competitive. That┬┤s why many customers are switching to Xpress Money.

You┬┤ve been in Nepal for four years. How is the business growing over the years?
We do not disclose the revenue that Nepal is generating for the company. But in terms of revenue and customer growth rate, it has been significant.

Any future plans for Nepal?
Currently, we are offering cash to cash and cash to account services. In future, we are planning to increase product offerings and introduce services such as mobile payment. We will be providing the platform to our agents to deliver these services, as our focus is on providing convenience to our customers.


AIBL launches 'Xpress Money' service


Al-Arafah Islami Bank Ltd (AIBL) has launched its 'Xpress Money' remittance service under an arrangement with Southeast Bank Ltd (SeB) at AIBL head office in the city on Thursday. Senior officials from both the banks and Xpress Money were present on the occasion.
Now the remittance beneficiaries in the country are able to get their money from any AIBL branch sent through Xpress Money.




@Daily tribune Bahrain

A ceremony was held at the Bahrain Keraleeya Samajam to announce the rehearsals of a drama, Tipuvinte Aarcha, directed by Prakash Vadakara. UAE Exchange Country Head was the chief guest. The lead roles of Tipu Sultan and Unniyarcha will be performed by Mr Prakash and Jaya Menon. Right, Mr Nair inaugurating the event by lighting the traditional lamp. Below, the cast of drama.



For more information please visit our nearest Branch Location or log on to UAE Exchange corporate website

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