• Netherlands is 33rd country in the global network of UAE Exchange and fourth in Europe. The other three countries being Germany, Ireland and UK.

• The branch opened in Netherlands is the 16th in Europe – 13 branches in the UK; one each in Germany and Ireland.

UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, started its operation in Netherlands. This move adds one more country to its global network taking the total number to 33. Netherlands would be the fourth country for the remittance brand in Europe, the other three being Germany, Ireland and the United Kingdom.

Speaking on the occasion Mr. Promoth Manghat, Vice President – Global Operations, UAE Exchange, said, “We are extremely delighted to enter this beautiful country. We are aggressively moving towards our vision of being the trusted neighbourhood brand for our customers. Europe is critical for us. We have strong operations in the UK for over 10 years now. Our presence in Germany and Ireland is also growing. Adding Netherlands to this list has further strengthened our presence and determination to serve more customers.”

Mr. Lakshmi Narayanan, Regional Head – UAE Exchange Europe, said, “We are extremely thankful to the regulating authorities, partners and our customers in Euro Zone. Without their support, we wouldn’t have reached so far. Our presence of over a decade in the region reflects the trust and loyalty, we could garner from all our stakeholders. Netherlands has been in our list for quite some time now. Establishing our operations here has further strengthened our resolve to achieve excellence.”

In Netherlands, UAE Exchange will start by offering money transfer and currency exchange services. Its UK operations offers a wider range of services including bank transfers, instant cash transfers, currency exchange, gold loans etc.. In Ireland UAE Exchange offers money transfer and foreign exchange, while in Germany it offers bank transfer and instant cash transfer services. Globally, UAE Exchange has over 725 branches in 32 countries with over 9000 professionals, representing more than 40 nationalities, serving 7.9 million customers. The remittance major handles 6.1% of the total global remittances. Its penchant for excellence has won UAE Exchange various global awards other than ISO certification.

For more information contact Mr. Alkesh Chaudhary, Marketing Manager, UAE Exchange UK Ltd., Mob:+44 7730096811, email: alkesh.chaudhary@uk.uaeexchange.com

Or

Mr. Hassan Taoufik, Branch Manager, UAE Exchange Netherlands, Mob: +31 (0)625022652, email: hassan.taoufik@nl.uaeexchange.com