Wall Street Exchange Adopts Nationwide Expansion Initiative

Driven by strong economic growth and increasing customer demands, Wall Street Exchange announced the opening of four new branches within UAE, as part of the aggressive expansion strategy for 2015. With the recent inauguration, the global leader in remittance and foreign exchange now celebrates 31^st, 32^nd, 33^rd & 34^th branches across UAE, and additionally aims at opening 11 additional branches in the UAE by the end of this year to bring its services closer to its customers. Located at convenient settings of Al Quoz 3, behind Al Khail Mall, Al Nahda Dubai in Big Mart, Ajman in New Industrial Area 2 & Al Satwa – opposite to the Fakhree Center the outlets further strengthen the organization’s vision of being the trusted neighborhood brand for its customers.

Commenting on the new opening, Mr. Sultan Bin Kharsham, Managing Director of Wall Street Exchange said, “The opening of the four new branches is consistent with our unwavering efforts to better our services towards our loyal customers in the UAE. Wall Street Exchange has always been in the forefront of extending world class exchange services and solutions to its customers and the new outlets will deepen our presence in the region. We have been incessantly spreading our network to get closer to our customers and our new expansion drive ensures that no matter in which part of the country customers are, our branches will be easily accessible for them.”

Wall Street Exchange – Al Qouz Branch

Geographically targeted, the branches intents to focus on the blue collared workers residing surplus in the area and support them all year round and also will cater to the white collared and skilled workers. Concentrating to offer quick service at customer’s convenience and accessibility, the firm plans to open another two branches by May 2015.

Further to the launch of the new branches, Wall Street Exchange intends to have an extensive employees hiring plan, to serve its burgeoning growth.

With the announcement of World Expo 2020, the region will attract more expatriates that will serve as a major catalyst for the remittance market and drive the economic, employment and private sector growth.

“Over the years, the loyal base of Wall Street Exchange has grown drastically. In addition, the World Expo 2020 will see more people coming to the UAE which will generate more employment. We anticipate an increase of remittance growth in the build up to Expo 2020,” Added Mr. Kharsham.

Wall Street Exchange also makes available its home remittance services in over 750 self-service money transfer kiosks which are available in super markets, malls, petrol pumps and metro stations. Remittances can be made conveniently 24/7 across the year.

Established in Dubai more than 30 years ago, Wall Street Exchange offers money remittance services primarily to expatriate workers from South Asia and the Middle East. The company has branches in Fujairah, Umm Al Quwain, Sharjah, Abu Dhabi & now in Ajman too, and maintains subsidiary offices in the United Kingdom and Hong Kong.