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.
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.