ADIB and UAE Exchange partner for Card Payments

Press release

Published August 10th, 2011 - 07:33 GMT

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it has appointed UAE Exchange, the leading global remittance and foreign exchange brand, as a collection agency for Covered Card payments by the bank’s customers. UAE Exchange has a wide network of branches across the UAE at which ADIB Covered Cardholders can settle their payments at no extra cost.

The new service will be free-of-charge and Covered Card payments can be made during UAE Exchange branch timings of 10:00 AM to 10:00 PM on weekdays.

The partnership agreement with UAE Exchange demonstrates the steps ADIB is taking to offer added convenience and value to customers. The move adds to ADIB’s growing range of services aimed at enabling customers to efficiently manage their banking operations.

Customers also have access to ADIB’s Internet banking service, its 66 strong branch network around the UAE, telephone banking services, and over 200 ADIB ATM and CCDMs.

Background Information

Abu Dhabi Islamic Bank

ADIB is committed to being a responsible corporate citizen and to managing its business in a way that creates value for customers, shareholders, employees and the communities in which it operates.

Company Profile

UAE Exchange

With a presence in more than 31 countries, UAE Exchange is a leading global remittance, Foreign Exchange and payment solutions brand. We are committed to provide our more than 15 million customers, with multiple financial solutions at one counter. With a team of 9000 employees, we operate in some of the world’s dynamic markets, and strive to offer our customers a wide range of financial products and solutions. With a focus on innovation and new product development, we are poised to help you address all your financial needs under one roof.