Media Release

Aug 13: Malaysia is an important market and a vital link in the global network of UAE Exchange. The strong presence of UAE Exchange in Malaysia and the plethora of services offered will bolster the trust of millions of customers here.

Malaysia is a fast developing nation and home for millions of expatriates from various parts of the world. This hard-working foreign workforce needs to address various financial requirements locally and also send money to support their families, back home. Now they too, like millions worldwide, can experience the same quality of service and trust, as UAE Exchange, the leading global remittance and foreign exchange brand arrives in Malaysia.

After offering quality service to its customers for many years, Fast Remit SdnBhd has now become a part of UAE Exchangeand henceforth will be known asUAE Exchange Malaysia Sdn Bhd.

“We are extremely thankful to Bank Negara Malaysia, for their encouragement and support.”, said Y Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, on the occasion of the inauguration of Kuala Lumpur branch. “As a law-abiding organisation, UAE Exchange will adhere to every regulation here and stand up to the expectations of customers, partners and the regulators. Our wide global network and quality service have always been lauded by our customers, worldwide. Our presence in Malaysia will only further bolster the customers’ trust on us.”

Promoth Manghat, vice president – Global Operations, UAE Exchange, said, “Now customers in Malaysia can also experience the range of services for which UAE Exchange is known among over 3.5 million customers, worldwide, since over 30 years. Our strong network of more than 600 branches across 30 countries will add more convenience for our customers.Malaysia is a critical market for us in the Asia Pacific belt. With our presence in this country, we will be bringing convenience and quality service to our customers here too.”

Md Badlur Rahman Khan, director – Malaysia Operations, UAE Exchange, said, “Currently we have four branches in our network. We plan to add 20 more in the months to come. In line with our vision to bring more services to our customers, along with money transfer, we are offering retail and wholesale of foreign currency. More services will be added to our repertoire to enhance customer convenience.”

UAE Exchange is known worldwide for wide range of services including Xpress Money, the global instant money transfer service with over 135,000 agent locations in more than 125 countries; FLASH remit, the real-time bank account credit service; and Money2anywhere.com, the convenient online money transfer portal by which money can be sent to any corner of the world in just a few clicks from an internet environment anywhere. These popular services have made UAE Exchange a true financial supermarket.

The brand’s penchant for customer service and quality has earned it many awards of international stature from various quarters.
UAE Exchange’s presence in Malaysia will further strengthen the global network of the brand. The branch inauguration was attended by senior officials of UAE Exchange, special invitees and the media.

About UAE Exchange

UAE Exchange is a leading global remittance and foreign exchange brand, based in UAE, with over 600 direct offices in 30 countries across five continents. With ‎correspondent banking relationship with more than 150 global banks, and associations with ‎ leading global brands, UAE ‎Exchange provides ‎unmatched service to over 3.5 million customers, worldwide. In UAE, the ‎brand has a leading presence with a network of over 114 branches covering all the Emirates.

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