ADCB Partners With Xpress Money To Offer International Account Credit Services To 14 Countries From The UAE

Xpress Money has partnered with ADCB to offer international remittance services to ADCB customers through the bank's existing mobile banking app (available on iOS, Android and Blackberry*). The partnership provides exclusive benefits to ADCB customers to make hassle-free international money transfers through the app by simply tapping on 'Transfer Money' and selecting 'Xpress Money Global Money Transfer' as their preferred channel. Once the transfer has been requested by an ADCB customer through the mobile app, the Xpress Money platform takes over to deliver the transaction, and credits the target bank account.

The move extends ADCB's international money transfer reach to 14 countries to begin with, through Xpress Money's existing network and partnerships in those territories. The first phase of the collaboration allows ADCB customers to make international bank account transfers to Bangladesh, Bhutan, Egypt, Ghana, Indonesia, Kenya, Morocco, Nepal, Nigeria, Pakistan, Philippines, Sri Lanka, Thailand and Vietnam. More countries will be added soon.

"We are delighted to have a renowned brand like ADCB as our partner. Our partnership with ADCB is centered around extending convenience and reach to their customers. Xpress Money believes in collaboration that adds value to consumers and facilitates their convenience', says Xpress Money's COO, Sudhesh Giriyan.

Arup Mukhopadhyay, Group Head Consumer Banking at ADCB said, 'ADCB is delighted to partner with Xpress Money to offer convenient and fast money transfer services on the Mobile App to fourteen countries around the world. This collaboration endeavors to make banking with ADCB simpler and more convenient. This in line with our focus on continuously improving the remittance services for our customers who already enjoy instant fund transfers to India and same day credit for transfers to the USA and UK.
"Xpress Money believes that money transfer facilities should be accessible, competitive and easily available to all. Through this collaboration with ADCB, we are moving a step closer in that direction as we are further extending our services to the bank's customers, Giriyan adds.

The collaboration sees ADCB adapt to Xpress Money's innovative plug and play fintech solution, where the proprietary API serves as an ideal platform for any firm to plug seamlessly into the money transfer business. The API has been designed to be flexible and extremely compatible with most systems, allowing new partners to be on-boarded with ease.

ADCB Mobile banking has established itself as the fastest growing and the most preferred banking channel by customers over the last few years. The new Xpress Money service, along with the existing convenient banking services made available on the ADCB app, will strengthen the mobile banking proposition and further enhance the customer's convenience.

Digital transformation has been one of the key focuses for Xpress Money, with continuous innovations to seamlessly integrate digital channels across markets. Xpress Money has established a global network of cash and non-cash delivery channels in over 160 countries across 180,000 outlets and branches, with payout options including Cash, Account Credits, Mobile Wallets, Door Delivery, Cash-to-ATM, etc. 

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