UAE Exchange to Accept Payments on Behalf of American Express Credit Card Members

ABU DHABI, UAE, July 20, 2011 -

• AMEX credit card members can use the
  wide network of UAE Exchange branches in the UAE to
  make payments

American Express Credit Card members can now pay their credit
card bill payments at any of the widely networked UAE Exchange
branches across the UAE. The leading global remittance and foreign
exchange brand has joined hands with American Express for cash
collection service.
This service adds to the strong range of payment services offered
by UAE Exchange.

Speaking on the occasion Y. Sudhir Kumar Shetty, COO - Global
Operations, UAE Exchange, said, “As a 30-year old brand, the focus
of UAE Exchange has always been on quality of service and customer
convenience. These values have been optimised in all the
partnerships that we have entered into, with the aim of becoming
the largest provider of remittance and value-added services. The
tie-up with American Express will add new convenience to customers,
who can take advantage of the wide and strong network of UAE
Exchange branches and clear their American Express Credit Card
bills on time, easily.”

Mohammed Abdulkarim, UAE Regional Director, American Express
Middle East said,
“This alliance is part of American Express Middle East’s ongoing
commitment to offer maximum convenience and flexibility to Card
members. UAE Exchange’s extensive footprint gives our card members
a quick and easy way to settle their bills, wherever they may be in
the country.”

The event marking the launch of the service was attended by
senior officials from
both the companies, special invitees and the Media.

About UAE Exchange

UAE Exchange has over 520 branches in 24 countries built over 30
years along with correspondent banking relationship with over 150
global banks. It caters to over 3.5 million customers worldwide
contributing to 5.28% of global remittance volume.

About American Express

American Express^® Middle East
provides reliable and rewarding solutions for its Card Members,
Merchants and Business Partners in the region since 1977. Owned by
Mawarid Investment Limited and American Express, the American
Express Cards are accepted in more than 200 countries
worldwide.

Contact: Lahcen Aterta | Manager - Media Relations, Tel:
+971-2-4945480 | Fax: +971-2-6323893,
aterta.lahcen@uaeexchange.com

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