UAE Exchange ties up with Bank Rakyat Indonesia for FLASHremit, offers real time account credit facility

Bank Rakyat is the first bank in Indonesia to provide FLASHremit services, which will be available to Indonesian expatriates across the world.

Mr. Promoth Manghat, Vice President - Global Operations, UAE Exchange said, "UAE Exchange has always been the first to bring the latest in services to customers. FLASHremit take bank transfers to the next level of convenience and ensures bank credit in real time from anywhere in the world."

"In our efforts to make money transfer a seamless and speedy experience for our customers, we have found a like-minded partner in Bank Rakyat, Indonesia to offer this revolutionary facility of FLASHremit," he said.

Mr. Isnen Sutopo, General Manager - International Banking Division, PT. Bank Rakyat Indonesia, said: "We take pride in being the first bank in Indonesia to offer FLASHremit services. Our goal has always been to enhance customer experience by providing better services. This common vision is the basis of the strength of our relationship with the UAE Exchange. FLASHremit, available in two currencies - Indonesian Rupiah and USD viz. IDR and USD has strengthened this bond further."

Indonesia will be the latest in the FLASHremit's list of countries including Bangladesh, Pakistan, India, Philippines, Nepal and Sri Lanka.

Known for its customer service and trustworthiness, UAE Exchange serves over 4 million customers worldwide. This largest globally networked remittance brand has close to 700 branches in 30 countries. Its strong correspondent banking relationship with over 150 leading global banks adds to the might.

More than 8,000 professionals from over 40 nationalities, strive to achieve excellence and bring delight to customers, worldwide. This penchant for quality has won the ISO certified brand many global awards for quality & business excellence, and earned the trust of customers, partners and regulators alike, thus getting the acclaim as the World's Trusted Money Transferrer.

PT. Bank Rakyat Indonesia (Persero) Tbk. has been serving the customers since 1895. Bank Rakyat Indonesia kept the commitment to prioritise customer satisfaction, throughout the services of more than 7,000 real time online operational network offices. BRI is the biggest and widest operational network in Indonesia. Well known for the strong tradition of SME Business now BRI also have a strong existence for International Business throughout the support of six representative offices abroad. Receiving both prestigious National and International Awards, such as in 2011 BRI was the only Indonesian Bank listed on the top 200 of the world's 500 most valuable banks in the world with brand value worth at $682m and The only Indonesian company listed amongst top 50 top rank companies in Asia by Asian Fabulous 50 in 2009.

The function was attended by senior officials of UAE Exchange, Bank Rakyat Indonesia, special invitees and the Media.