All you need to know about Money Remittances

In 2014 Habib Exchange was fully acquired by Al Hail Holding and Global Development Group (GDG) and rebranded as Index Exchange. Today, the company conducts business through its growing network of conveniently located branches throughout the Emirates. We offer a very wide range of services including remittances, foreign exchange, payroll (including the Wage Protection System), bill payments and cash collection.

Index exchange has a variety of remittance products to choose from depending on your needs. Our remittance products include:

Instant Money Transfers: Use any of our instant money transfer products to seamlessly transfer funds in ‘real time’ to any country across the globe.

Drafts: A secure and convenient method to transfer money to any country in order to pay for any needs including school fees, mortgages, investments or any other domestic or international payment. A draft can be made available within a few minutes of ordering at any Index exchange branch.

International Mobile Top Up: Use any of our instant money transfer things to seamlessly transfer stores in 'real time' to any nation across the globe. Our instant money transfer things incorporate Western Union (The largest instant money transfer brand with a presence of over 500,000 agents across the world),IME,Trans-Fast,Xpress Money.

UAE Exchange: Whether you are travelling for business or on vacation we understand your needs and work around the clock to cater to these. You can visit any Index Exchange branch and immediately buy or sell any foreign currency at the best rates.

Instant cash payment: Similar to Electronic Fund Transfer, the beneficiary may directly collect funds in cash from the recipient bank counter using this service. This facility is available in select countries including Pakistan, Philippines, Nepal, Sri Lanka and Bangladesh.

Domestic Prompt Payment Service: A secure and instant service to remit money to a beneficiary anywhere in the U.A.E.

System), bill payments and cash collection.

companies to pay salaries through accredited financial institutions by the Central Bank of the United Arab Emirates system, so as to ensure the payment of salaries in a timely fashion with less cost and effort on employers.

Index Exchange Company provides protection of wages for large companies as well as small and medium-sized enterprise system services. The specialized solutions offered by INDEX Exchange enables companies to transfer salaries directly to a bank account or pre-paid salary or cash card "through one of its branches.

And therefore:

• Employers can pay salaries on time while maintaining the means to trace the process ofpayment
• Employees can get the service at the ATM and POS across the UAE and internationally.

Cards applicable fees:

Treatment

Fees (AED)

Cash withdrawals from ATMs belonging to Bank CBI

Free" *

Cash withdrawals from ATMs belonging to the non - bank CBI

AED 2

Balance inquiry from ATM Bank continued to CBI

Free" **

Balance inquiry from ATM non - bank continued to CBI

AED 1 **

Balance inquiry from ATM non - bank continued to CBI

1 AED

Issuing the card and PIN

AED 10

Reset the PIN

Free"

• The first three monthly transactions on the ATMs of the Bank CBI free, and then impose fee worth two penniess.
• If the zero balance fee will be charged AED worth one.

Remittances, Foreign Exchange, Payroll (including the Wage Protection System), Bill Payments and Cash Collection.