wall street exchange and first gulf bank enter into agreement for credit card payments

Published June 26th, 2007 - 01:33 GMT
Al Bawaba
Al Bawaba

wall street exchange and first gulf bank enter into agreement for credit card payments

Customers of First Gulf Bank can pay their credit card bills at any of Wall Street Exchange branches


Wall Street Exchange Centre, a subsidiary of Emirates Post, has entered into an agreement with First Gulf Bank to allow the latter’s customers to pay credit card bills at any of the 18 branches of Wall Street Exchange across the UAE.

The agreement was signed by Mr. Abdullah Bin Ghaleb, Managing Director of Wall Street Exchange, and Mr. Amit Vanshu, Head of Retail, First Gulf Bank.

Details of the bills paid at the Wall Street Exchange branches will be automatically entered in the systems of First Gulf Bank, while the customer will get a printed receipt of the transaction.

“This deal with First Gulf Bank takes us a step closer to our goal of making our branches a place for multiple financial services, in partnership with private and public corporations,” said Mr. Bin Ghaleb. “We already have a similar agreement with Standard Chartered Bank.

“Wall Street Exchange is on track to achieve its goal of expanding its network regionally and internationally by consolidating our presence in Europe, Asia and the Middle East. We aspire to be a leading global financial services company delivering services of the highest standards to our customers.”

Amit Vanshu commented, “As a customer-focused bank, First Gulf Bank is committed to widening the options available to our customers. The Wall Street Exchange branches will complement our network of branches and ATMs to enable our customers to pay their credit card bills with ease and speed anywhere in the UAE.”

Wall Street Exchange is one of UAE’s biggest and oldest foreign exchange and money transfer companies, operating since 1982. It has a global presence with 6 branches in the United Kingdom, 8 in Hong Kong and 18 in the UAE. Wall Street has correspondent relationships with 80 banks across the globe.