Xpress Money News


Xpress Money ties up Government Savings Bank, Thailand
 
Abu Dhabi: The global instant money transfers brand, Xpress Money today announced a strategic alliance with Thailand-based Government Savings Bank, the oldest and most prominent bank in Thailand, to offer fast and easy instant money transfer services to the Thai expatriate community across the globe.

Top executives at Xpress Money called the alliance a significant step amid its persistent efforts towards enhancing the reach of the company across various expatriate communities globally. The synergistic move takes Xpress Money’s global progression into all the 76 provinces of Thailand. The brand is proud to be the first instant money transfer company to partner with the Bank and extend its unparalleled products and services offerings at the attractive rates and terms.

Xpress Money has gained a widespread base of loyal customers who chose it for the quick and reliable easy global money transfers it offers and the convenient payout network which includes various banking and other organizations the world over.

Senior officials at Government Savings Bank stated that this tie-up with Xpress Money would give Thais instant access to the 930 branches of the bank so expatriates living anywhere across the globe can send and receive money to and from Thailand within minutes. GSB, with almost a century’s worth of experience in Thailand, has a gamut of deposit and loan product offerings to meet the various financial needs of its wide base of customers in Thailand.

They further added that the tie-up is a important partnership because Xpress Money as a brand has grown tremendously in just a decade and has extensive worldwide presence through over sixty thousand d agent locations across 93 countries.
Both the brands bring together various contemporary and conventional values to provide lasting value to the customers and giving those away from home an ideal mode to send money effortlessly within minutes.

Last Updated on Saturday, 15 May 2010 08:30
 
Xpress Money spreads humanitarian spirit through Valley of Love

Dubai, 1 Mar: Xpress Money, the leading global instant money transfer brand took another strong step towards social welfare and community support when it joined hands with the acclaimed Dubai-based NGO, Valley of Love, to contribute towards the medical facilities of Rashid Hospital, Dubai. Known for their strong commitment to corporate social responsibility (CSR) and their philanthropic initiatives, the brand has been continuously supporting various humanitarian programs and campaigns.

The event which took place at In-Sports Facility, Al Quoz, Dubai on 24th February was represented by the senior management of Xpress Money Services. 30 wheel chairs meant for Rashid Hospital were handed over to representatives of Valley of Love.

Valley of Love, in a short span of time, has won great acclaim as a philanthropic organisation and social activist which has pro-actively brought solace to many people in UAE and beyond. They work hand-in-hand with various hospitals and government entities to help the needy, and has built a strong network of contributors among socially responsible organisations like Xpress Money.
 
Top officials of Xpress Money said that the brand has always striven to give back to the community by being a responsible corporate. Various endeavors were undertaken through volunteerism and contributions, thus sharing expertise and value by extending its support to charitable efforts across the world. Through the wheelchair initiative, the brand humbly offers a positive benefit to the community and to help enhance the facilities at Rashid Hospital through the NGO, Valley of Love.”

Xpress Money, which is a part of NMC Group, a leading conglomerate, has in the past worked with different social groups to support and help various causes including environmental projects and calamity-relief. Xpress Money is a leading global player in instant money transfers with an agent network spanning over 90 countries, which includes leading banking and non-financial entities.

Last Updated on Saturday, 15 May 2010 08:47
 

 

Winning deal for Xpress Money and BRAC Bank Ltd

Abu Dhabi, July 12: Xpress Money, the global instant money transfer brand and BRAC Bank Ltd, one of the leading commercial banks in Bangladesh announced that they have entered into a bilateral agreement by which BRAC Bank Ltd would now provide Xpress Money service through its branches and widely networked BRAC (NGO) pay-out locations.

This new partnership between Xpress Money and BRAC Bank Ltd would benefit Bangladeshi nationals to send money from anywhere across the globe, which can be received instantly by the beneficiaries at the BRAC branches and its payout locations in Bangladesh. The tie-up is a significant one as both Xpress Money and BRAC Bank are renowned establishments in their respective sectors.

Since its inception in July 2001, BRAC Bank's footprint has grown to 56 branches, 30 SME Sales and Service Centres and 1800 BRAC (NGO) payout locations across the country and it has been dubbed the fastest growing Bank in Bangladesh between 2004 and 2008. Recently, BRAC Bank received the prestigious DHL-Daily Star Bangladesh Business Awards 2008 for its innovations in products, services, financial performance, company management and contribution to Bangladesh’s development.

On the other end of the tie-up is Xpress Money which has been growing at an outstanding pace since its launch in 1999 with its strong growth strategies. With a presence across five continents and an agent network spanning more than 36,000 locations; its agent partnership includes many prominent banking and non-banking entities.

Xpress Money officials said that this deal is an ideal one and would be an important stride in taking the global growth plans of the brand forward. BRAC Bank has grown tremendously since its inception and like Xpress Money is a brand which focuses on enhanced service through its strong networks and innovative products and services for the customers and earned a reputation in Bangladesh for being among the top financial service providers.

They further added that such a synergic association helps Xpress Money as a brand to continue its relentless efforts to improve and expand its services to benefit all communities it associates with. “This remittance arrangement would definitely help our customers from the Bangladeshi community in UAE and all over the world. We would like to offer our customers a reliable solution to transfer their hard-earned money in a secure manner within minutes. We are pleased to announce this tie-up with BRAC Bank Ltd and offer our unparalleled service and excellent product proposition to our customers."

Mr. Syed Mahbubur Rahman, Deputy Managing Director, BRAC Bank Ltd. stated that the tie-up will have a significant bearing and will be extremely beneficial for customers since Xpress Money is a global instant money transfer brand and has acquired an expanding customer base with its presence in over 87 countries. This will provide a channel to the Bangladeshi expatriates across the world to instantly send money to their loved ones back home.

Last Updated on Sunday, 06 September 2009 10:00
 

 

Xpress Money ties up with Commercial International Bank - Egypt

Xpress Money, the leading global brand in instant money transfers and Commercial International Bank (CIB), one of the most prominent commercial banks in Egypt, have entered into a joint agreement wherein CIB would provide Xpress Money service through its wide branch network.

Mr. Amr El-Ganainy - General Manager – CIB’s Head of Financial Institutions Group, stated that, “this new association between Xpress Money and CIB would be advantageous to Egyptian expatriates in terms of transfering money instantly from anywhere across the globe. Additionally, in the near future money transfers from Egypt will be introduced through Xpress money’s global network.”

Mr. Mohammad El-Alayly – CIB’s Head of International Marketing stated to the Press that, “CIB has been continually on the lookout for the best brands in the market for partnerships, and Xpress Money was the right choice for instant money transfers, as it is a popular brand with increasing acceptance among customers globally.”

Xpress Money’s Managing Director and CEO, Dr. B. R. Shetty, stated that this development was a significant one and would be a significant step in realizing its business objectives in terms of its growth plans. “This arrangement would be mutually and synergistically beneficial to both CIB and Xpress Money. CIB, having been termed the Best bank in Egypt by many publications, would help Xpress Money reach out to a wider base of Non-Resident Egyptians.”

He added that, “With the aim of becoming the global leader in instant money transfers, Xpress Money has adopted an aggressive plan aiming at optimizing its visibility worldwide, strengthening its network by identifying and associating with capable partners across the globe and by investing in state-of-the-art technology which consistently improves its service offering, the benefits of which are passed on to its customers.”

With a fast growing presence across five continents, Xpress Money became popular among customers who require quick and reliable money transfers and convenient payout networks. Its agent network includes many prestigious banking and non-banking entities. Moreover, unparalleled customer service and excellent product quality are integral factors of the brand loyalty that Xpress Money enjoys.

Currently the brand is placed ahead of its competitors because of the unmatched features it offers including its niche positioning as an "affordable instant money transfer service". It also offers payment confirmation through SMS messaging to the sender upon payment collection by the beneficiary, and strategically located pay-in and pay-out locations covering the major residential and commercial hubs across the world.

CIB currently holds the largest market capitalization in the Egyptian financial sector and is extensively recognized as a market leader in Egypt. The Bank’s strongest brand equity in corporate banking has helped CIB in consistently being recognized on a global level as the 'Best Bank in Egypt', on numerous occasions. In a recent article, the Financial Times (German version) highlighted CIB as one of few banks, globally, that remains solid and safe after the global financial crisis.

This unique blend of focus on excellent service and high banking standards sets off a business association which is bound to benefit both the companies as well as customers for years to come.

Last Updated on Sunday, 06 September 2009 09:25
 

 

Xpress Money ties up with CBE

Abu Dhabi, July 09: Xpress Money, the leading global instant money transfer brand, and Commercial Bank of Ethiopia (CBE), one of the most prominent commercial banks in Ethiopia, have entered into a joint agreement wherein CBE would now provide Xpress Money service through its widely networked branches.

This new association between Xpress Money and CBE would be beneficial to Ethiopian expatriates as they would be able to send money instantly and conveniently from anywhere across the globe to Euthopia.

Xpress Money’s MD and CEO, Dr. B R Shetty, said: “This arrangement would be beneficial to both CBE and Xpress Money as CBE is one of the leading banks in Ethiopia with about 205 branches, which would help us to provide our services to a wider base of Ethiopians.”

He added: “CBE has reliable and long-standing relationships with many internationally acclaimed Banks throughout the world. We are glad to be part of their mission to profitably play a major role in the financial service cost-effectively for all sectors of the economy and thereby support the long term development of the nation.”

Senior officials at CBE termed the association to be a positive move as Xpress Money is widely accepted among customers who call for speed and reliability of money transfers and convenient payout networks, and its presence has been mounting across five continents in recent years. Its agent network includes many prestigious banking and non-banking entities. Moreover, unparalleled customer service and excellent product propositioning are integral factors of the brand loyalty that Xpress Money enjoys.
Currently, Xpress Money is an unrivaled instant money transfer brand much ahead of its competitors because of the unparalleled features it offers including its niche positioning as an "affordable instant money transfer service", payment confirmation through SMS messaging to the sender upon payment collection by the beneficiary, and strategically located pay-in and pay-out locations covering the major residential and commercial hubs across the world.

Last Updated on Sunday, 06 September 2009 10:00
 


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