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Eye of Riyadh
Eye of Riyadh
Business & Money | Tuesday 19 May, 2020 4:33 pm |
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Emirates Islamic launches free international money transfers campaign during ongoing COVID-19 situation

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a campaign offering free international transfers for all individual customers during the ongoing COVID-19 situation.

 

As part of the campaign which runs until 11 August 2020, customers can transfer funds to more than 150 countries in over 30 currencies by via the bank’s Mobile App or Online banking platform or through the bank’s operational branches. To support customers, all bank fees and corresponding network charges will be waived and competitive exchange rates offered providing increased value to customers.

 

“We are pleased to launch a campaign offering free international money transfers to enable customers to send money safely to their family and loved ones, during this exceptional situation,” said Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic. “Be it for Eid, a special occasion, or a family emergency, customers can transfer the funds without any additional fees, from the safety of their homes. We were among the first in the Islamic banking sector to proactively recognise the needs of our customers and the new campaign is additional to relief measures we have already put in place to support our customers during the COVID-19 outbreak. As a responsible financial institution and a leader in Islamic banking, Emirates Islamic remains committed to protecting the financial future and ambitions of its customers and the wider UAE community during these extraordinary circumstances.”

 

The free international money transfer campaign complements other innovative products and services that Emirates Islamic offers on its digital channels such as QuickRemit, a 60 second online remittance service to India and Pakistan in addition to free local transfers within the UAE.

 

Emirates Islamic has a robust digital infrastructure to help customers manage their banking needs from wherever they are and whenever they need. The bank’s digital platforms remain fully functional 24/7 and Emirates Islamic encouraged customers to visit branches only if absolutely necessary and access their mobile and online banking applications for their everyday transactions from the safety of their home.

 

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