Karavali

Domestic money transfer service launched by UAE Exchange

Pinterest LinkedIn Tumblr

UAE_Press_Meet_1

Mangalore, May 29: The person transferring money has now the freedom to send or receive money across India, round the clock. UAE Exchange has launched ‘Domestic Money Transfer Service’ (DMTS), a person-to-person money transfer service which will be of great help to customers.

Speaking at the press meet held to announce the launching of DMTS here on Thursday May 29, Sharath Shetty H, Mangalore regional head, said, “Domestic money transfer highly values the social obligation of the individual and is the best and instantly accessible financial assistance in times of dire necessity. Home makers, workers, students and such aspirants are our concentrated crowd. The product has been well customised to suit their immediate requirements, which has made it more popular among the masses.”

UAE_Press_Meet_2

He further informed that, “Even unbanked and banked Indian can remit money to any bank instantly even at non-banking hours. If a person has our Android app and is a member of UAE Exchange, the transaction can be made on through mobile phone too. An individual can transfer or withdraw a maximum amount of Rs 25,000 per month, and per month five transactions, each with a maximum limit of Rs 5,000, are allowed. For each transaction Rs 50 will be deducted as service cost.”

Udaya Shankar Shetty, Ranjith Pakkala, Bhuvanesh U and others were present at the press meet.

The UAE Exchange office is located at Kankanady’s Shalimar Complex in the city.

Write A Comment