UAE Exchange

UAE Exchange Group has emerged into a strong conglomerate of category leaders in remittance, foreign exchange and payments segments. Global brands like UAE Exchange, Xpress Money and Travelex have been brought under a single umbrella to offer seamless, optimised and world class solutions.

UAE Exchange is a leading global remittance and foreign exchange brand. Its operations are spread across five continents with a strong network of close to 800 direct offices in 31 countries from Americas to Oceania. Apart from the core business of remittance and foreign exchange, UAE Exchange provides a wide range of products and services to bring delight to its over 15 million esteemed customers worldwide. It has a strong relationship with over 140 banks, globally. UAE Exchange handles 10% of the total remittance flow into India, the world’s largest receiver of remittances according to the World Bank. The brand also has strong strategic alliances with multiple service providers, which enable it to offer a wide range of conveniences at its counters. It also offers value-laden promotions to its expatriate customers, which bring them high-end prizes including cars, villas, gold etc. It has also partnered technology experts like NICE Actimize for Compliance; SAP for CRM and Finance; and Sungard for Treasury automation. As a responsible corporate citizen, the remittance brand has strong partnerships with various NGOs including UNICEF, UNWFP and others. It stands up for various causes of women empowerment, child education and nourishment etc. It also offers aid to victims of natural disasters, social and humanitarian issues.

The group’s instant money transfer arm is Xpress Money, a favourite of millions of expatriates and corporates. It offers instant money transfer solutions backed by superior technology and a strong presence of over 180,000 agent locations in 160 countries. Xpress Money launched its first ever remittance card in association with Punjab National Bank.
It also introduced XOPO, the app that uses social media network for instant money transfers.

Travelex, the global foreign exchange specialist, is the latest entrant into the group. Acquired in 2015, it has a strong presence in over 27 countries with more than 1500 outlets including those in major international airports. It is a trusted name among the travelling community and corporate, who trust it for solutions for their foreign exchange requirements.

Today the group has enhanced its presence to 43 countries. Handles over 6.5% of the total global remittance volume and has a 7.1% market share in global foreign exchange business. The techno-savvy group is now on an ambitious digital journey with a strong strategy in place. All efforts are on to bring delight to customers by offering them world class solutions, making their lives convenient and fulfilling. Thus emerge into the most admired group in remittance, foreign exchange and payments spheres.