Tue24042018

Last update25/07/2016

exchange-rates



Knowledge Bank (595)

6 Quick Tips About Money Transfer

Thursday, 05 April 2018

Money transfer in recent times has evolved so much that sending money from one location to the other has become so comfortable and convenient. Now even a layman at a remote location has the reach to the money that is transferred to him. At the same time, we need to be very cautious and aware of the risks when you transfer money. Thus, to help customers ensure safe and secure payments we have pulled out six important tips that you need to keep in mind while you transfer money online or offline.

1. PASSWORD PROTECTION
 
The password breach has now become common in hacking bank accounts in recent times. To ensure that your password is protected and secure we suggest the following.
 
For security reasons, it is safe that you never share your online money transfer password with anyone and never maintain same passwords for multiple accounts. It is also better to change your passwords frequently to ensure that your accounts are personalized and safe.
 
2. CHOOSE THE BEST MODE THAT SUITS YOUR REQUIREMENT
 
There are multiple modes to transfer money based on your requirements like sending money instantly for emergencies and Sending money to distant and remote location etc. We have listed some of the most used ones here.
 

Bank Transfer:

  1. Bank transfers are intended to send money from your bank account to directly the beneficiary’s account.
  2. You can directly transfer money to the beneficiary account with your internet banking account.
  3. Bank transfer facilities like Flash Remit that offers instant bank account remittance directly to the beneficiary’s account.
  4. Bank transfers also enables features like account credit and demand draft facility that enables customers to pay bill and other applications.
Instant money transfer
Instantaneous money transfer is intended to transfer money to the beneficiary account instantly without any time delay. This facility is designed to help during emergency situations. 
 
Online Money Transfer:
Online Money Transfer enables you to send money from anywhere at any time in just a click away. This feature lets you send money to beneficiary’s account using bank account and debit/credit card, certain transfer agencies have cash pay-out services too using OMT.
 
3. TAKE A CLOSE LOOK AT FLUCTUATING EXCHANGE RATES 
 
Currency exchange rates keep fluctuating every day and every minute so choosing the best time to send money matters to make the most of it. Usually, weekdays are the best time to send money since the live exchange rates are active only on the weekdays. Set exchange rate alerts to follow trends and identify the best time to make transfers.
money transfer tips
 
4. KEEP IN MIND THE FEE FOR TRANSFER  
 
Since VAT has been introduced in UAE, it will be levied at the rate of 5% on transfer fee and other commission charges for all products and services offered across UAE region.  Plan your remittance accordingly and transfer to your loved ones with ease. 
 
5. QUICK CHECK ON OFFERS TO GET THE BEST OUT OF YOUR TRANSFER 
 
Check out for offers and promotions from reputed money transfer brands and get a chance to win exclusive prizes and discounts during festival season. Money transfer brands offer run promotions with exciting prizes. Following your favourite money transfer brands on official social media channels may keep you posted on their updates.
 
6. THOROUGH CHECK ON TRANSFER POLICIES OF THE AGENT 
 
When you make transfers make sure you read the terms and conditions involved in the transaction, know the refund policies and other liabilities of the transfer to avoid losses due to negligence.
 
Hope these tips would be useful for making your money transfer safe and secure. Also drop your thoughts in the comments.

UAE Exchange Winter Promotion 2017

Winter Promotion Winners List

Date Name Nationality
November 17,2017 SHAMSUL HAQUE ABUL KASEM Bangladeshi
November 18,2017 TASAWAR NAZEER Pakistani
November 19,2017 CHARANJIT SINGH Indian
November 20,2017 MANSOUR OMAR Egyptian
November 21,2017 ROSALINDA REMOLACIO PACHECO Filipino
November 22,2017 RAJEEVU PUNNAMOOTTIL Indian
November 23,2017 SAFARUDDEEN KUNNATH Indian
November 24,2017 IRFAN MAHMOOD SARDAR ALI Pakistani
November 25,2017 ALI AHMED MOHAMED ABDULLA UAE National
November 26,2017 NAZRUL ISLAM Bangladeshi
November 27,2017 MERALYN MASAMAYOR LASCO Filipino
November 28,2017 SUMAN RAI Nepalese
November 29,2017 FATIMA ELASRI Moroccan
November 30,2017 NARENDRA KUMAR KEVAT Indian
December 1,2017 LAUREN EMMA WAINWRIGHT British
December 2,2017 BEERAN KUTTY PULIKKAL Indian
December 3,2017 AMALI TISLIYA SRI WARNASING Sri Lankan
December 4,2017 MUHAMMAD SULEMAN AMIR ZADA Pakistani
December 5,2017 HALA MOHAMMAD KHALED ALSARAYREH Jordanian
December 6,2017 AZHAR UDDIN ATAULLAH ANSARI Indian
December 7,2017 SAMEH ABDALLA ELSAYED IBRAHIM Egyptian
December 8,2017 BABUL HOSAN ABDUL KHALAL Bangladeshi
December 9,2017 SURENDRA YEKHA Nepali
December 10,2017 AHMED ABDULHAKIM EBRAHIM Kenyan
December 11,2017 NINA VICTORIA DAVILA American
December 12,2017 ABRAHAM JAMES PLAKKADUPPIL Indian
December 13,2017 LILIBETH RIOS TAGAB Filipino
December 14,2017 SHAFA HAIDAR IJAZ AHMAD Pakistani
December 15,2017 AHMED MOHAMED ABBAS ABBADI Egyptian
December 16,2017 MOHAMMED ALI MOHAMMED ALI ALSUWAIDI UAE National
December 17,2017 ROLA EL ATAT Lebanese
December 18,2017 LAMPHAEN SOKHAM Thai
December 19,2017 HASEEMLAL ABDULSAMAD SABOORA Indian
December 20,2017 LEENA DUTTA Indian
December 21,2017 BOUCHRA ELHAMMOUMI Moroccan
December 22,2017 JUVY ANNE TARUC ADAP Filipino
December 23,2017 ABDUNNASIR PUTHIYA MADATHUMMAL PERINGADI Indian
December 24,2017 JALAL AHMED CHAKAR Pakistani
December 25,2017 MARICEL MODINA FRANCISCO Filipino
December 26,2017 MOHAMMAD MAHMOUD MOHD SAID AL SHALABI Jordanian
December 27,2017 LINET MANGOLI OKUMU Kenyan
December 28,2017 TASLIMA AKTER KAJIM UDDIN Bangladeshi
December 29,2017 MOHAMMED KAREEM Indian
December 30,2017 IRFAN AHMED Indian
December 31,2017 MARYAM MUNIR KHAN  KHAN Indian

For more details about winners Click Here

KCA Talent Scan 2017

Sunday, 03 December 2017

UAE Exchange - KCA Talent Scan 2017  the Annual Festival of Art, Culture and Literature Competition for Children will be conducted during the month of January 2018. The Talent Scan competitions are open to the Children of Members and the children of all Indians residing in Bahrain. The Registration has started from 1st December 2017 and the last date for entries will be 14th December 2017.

Bahrain KCA Talent Scan 2017

 

 

Something exciting is coming, watch this space to know more.

SADAD Teaser

UAE Exchange Winter Promotion 2017

Friday, 17 November 2017

It’s time again to hear the bated breath and pounding hearts of enthusiastic customers at UAE Exchange, the leading global Money Transfer, Foreign Exchange and payment solutions brand as we announce the launch of “Winter Promotion 2017” from 17th Nov 2017 to 31st Dec 2017.

Bangla Utsab - Bangladesh Festival

Monday, 09 October 2017

Bangla Utsab

প্রিয় দেশী,

ইউ এ ই এক্সচেঞ্জের পক্ষ থেকে সকলকে “বাংলা উৎসব ” প্রোমোশনে স্বাগতম!

ইউ এ ই এক্সচেঞ্জ থেকে টাকা পাঠিয়ে চমকে দিন বাংলাদেশে আপনার প্রিয়জনকে ফ্রী স্যামসাং পণ্য উপহার দিয়ে, সাথে রয়েছে ফ্রী হোম ডেলিভারি।  

বিস্তারিত জানতে, অনুগ্রহ করে এখানে ক্লিক করুন

 

  • IWA Road Race

    Our Uganda office participated in the IWA Road Race organised by Indian Women’s Association held at Kati Kati Grounds.

    UAE Exchange participated in the IWA Road Race organized by Indian Women’s Association in Uganda held on the 20th August 2017 @ Kati Kati Grounds. It was an opportunity to take part in the cancer run and all the contributions were towards the support of Cancer patients in Uganda.

  • IWA Road Race

    Our Uganda office participated in the IWA Road Race organised by Indian Women’s Association held at Kati Kati Grounds.

    UAE Exchange participated in the IWA Road Race organized by Indian Women’s Association in Uganda held on the 20th August 2017 @ Kati Kati Grounds. It was an opportunity to take part in the cancer run and all the contributions were towards the support of Cancer patients in Uganda.

Win $50 Gift Card

Thursday, 21 September 2017

  • WeeklyGiftcard

    Eight lucky families get help with Back to School Supplies with help from Moneydart in Chicago

    The Moneydart branch in the Devon area of Chicago, Illinois is hosting a Back To School sweepstakes from August 7 through the opening of the first school bell on September 7, 2017. Each week, two lucky families won a $50 gift card to help them buy their children the school supplies need to start the school year off right.

The Month of August

Thursday, 21 September 2017

  • double happiness winners

    The month of August was an eventful one in our UAE operations. Several promotions and contests including Filipino corridor campaigns, Social Media campaign for Nepal and Pakistan corridor campaign were successfully conducted. We also organised a gala dinner party for Smart Pay customers in association with NMC on 27 August.

    A double bonanza campaign exclusively for our Filipino customers. The campaign was between 20th July and 31st August.

  • Max Family Basket

    The month of August was an eventful one in our UAE operations. Several promotions and contests including Filipino corridor campaigns, Social Media campaign for Nepal and Pakistan corridor campaign were successfully conducted. We also organised a gala dinner party for Smart Pay customers in association with NMC on 27 August.

    An interesting contest for our Filipino customers. Customers who send money to Philippines will get sure-shot Max's Family Basket at their 3rd and 5th transaction with UAE Exchange. Customers can win Max's Family Basket Vouchers of the value AED 49 each. Campaign valid till 5th October.

  • NepalCampaignWinners

    The month of August was an eventful one in our UAE operations. Several promotions and contests including Filipino corridor campaigns, Social Media campaign for Nepal and Pakistan corridor campaign were successfully conducted. We also organised a gala dinner party for Smart Pay customers in association with NMC on 27 August.

    21 lucky winners received round-trip tickets to Nepal.

  • Jashan E Khaas

    The month of August was an eventful one in our UAE operations. Several promotions and contests including Filipino corridor campaigns, Social Media campaign for Nepal and Pakistan corridor campaign were successfully conducted. We also organised a gala dinner party for Smart Pay customers in association with NMC on 27 August.

    Our Jashn-E-Khaas mega promotion saw a grand finale on 31st August. Our customers won up to 2 million PKR.

  • smartpay thanks giving

    The month of August was an eventful one in our UAE operations. Several promotions and contests including Filipino corridor campaigns, Social Media campaign for Nepal and Pakistan corridor campaign were successfully conducted. We also organised a gala dinner party for Smart Pay customers in association with NMC on 27 August.

    A thanksgiving gala dinner in association with NMC for our Smart Pay customers.

Customers meets and awards in India!

Thursday, 21 September 2017

  • Customer Rendezvous

    Travel and Tours services of the company received the prestigious Assocham Services excellence award 2017 in the Tourism and Hospitality category.

    The Travel and Tours division of UAE Exchange India received the prestigious Assocham Services Excellence Award for the year 2017 in the Tourism and Hospitality category. We had an exclusive get-together with our customers at our Coimbatore branch where customers shared their happy experiences and feedback on services offered.

  • Service Excellence Award

    Travel and Tours services of the company received the prestigious Assocham Services excellence award 2017 in the Tourism and Hospitality category.

    The Travel and Tours division of UAE Exchange India received the prestigious Assocham Services Excellence Award for the year 2017 in the Tourism and Hospitality category. We had an exclusive get-together with our customers at our Coimbatore branch where customers shared their happy experiences and feedback on services offered.

Page 1 of 43