Our extensive payment network connects you with multiples banks and agents.

We have sufficient agent locations globally enabling you to send money.

Economic Exchange Centre provides the following Remittance:

Channels available:

Remittance Transaction can be initiated via the following channels

• Economic Exchange Centre Branches.
• Economic Exchange Centre Online Process.

Payment Modes:

The following payment modes are available for the customers.

Terms & Conditions for All Transfers & Services:

• Important Notice: Any amendments or re-issuance of the remittance transaction requested by the customer for whatsoever reason will be subject to our regular charges and settlement of any rate differences, if applicable.
• Upon submitting the transaction upon signing the receipt for transactions initiated at the branch, the customer confirms and acknowledges the correctness, authenticity, and legality of all the transaction details and will be held responsible for the same. Economic Exchange Centre and its agents are indemnified and held harmless from any claims including but not limited to delays, delivery failures, mistakes and losses resulting from any wrong information in the transaction receipt as well as force majeure events or any other circumstances beyond our control. Our liability is limited to performing necessary amendments in the shortest time if possible. Economic Exchange Centre has the right to recover any amount paid due to errors or oversight.
• Upon submitting the transaction upon signing the receipt for transactions initiated at the branch, the customer confirms and acknowledges the correctness, authenticity, and legality of all the transaction details and will be held responsible for the same. Economic Exchange Centre and its agents are indemnified and held harmless from any claims including but not limited to delays, delivery failures, mistakes and losses resulting from any wrong information in the transaction receipt as well as force majeure events or any other circumstances beyond our control. Our liability is limited to performing necessary amendments in the shortest time if possible. Economic Exchange Centre has the right to recover any amount paid due to errors or oversight.
• In case the sender is a corporate, Economic Exchange Centre will deal with the person(s) duly authorized by the company supported by an authorization letter signed by the authorized signatory of the company.
• Economic Exchange Centre reserves the right to use services of intermediary banks and financial institutions in any country of its choice for the execution of this transfer. Correspondent and/or intermediary charges are applicable to some countries and will be deducted at the receiving end.
• Important Notice: All types of remittances conducted by the customers are subject to local, federal and international laws as well as the Central Bank of the UAE regulations. All customer information and supporting documents must be provided as per requirements of local and international regulations and standards. The transaction may be blocked by any party involved if found suspicious. The sender and beneficiary will be fully responsible for providing necessary evidence and clarification about any query, including the source of fund, to prove legitimacy and legality of the information and fund involved as well as any follow-ups required with the concerned authorities to affect the payment or claim a refund. In such cases, Economic Exchange Centre will not bear any responsibility.
• Any transaction-related complaint should be lodged within a maximum period of fourteen (14) days from the date of the transaction. Economic Exchange Centre will take all possible efforts to resolve any issues for services provided by a third party by coordinating with the concerned service provider. The company has no liability as an agent for any related services. The third party will be fully liable for the completion of its service in accordance with its terms and conditions. Nevertheless, for unauthorized transactions, Consumers are allowed to report the transactions within a minimum of 30 business days.
• Original valid ID such as UAE National ID or Passport with a valid UAE visa must be provided while performing any remittance transaction.
• For transactions paid by cheque, the cheque must be current dated, crossed and payable to Economic Exchange Centre. Transaction will be valid and released subject to cheque realization and the amount credited in the Economic Exchange Centre bank account. In case the provided cheque is dishonored or rejected for any reason, the customer agrees to settle the full amount in cash along with any variations in the currency rate and other corresponding charges. In case the issue is not resolved amicably, Economic Exchange Centre shall have the right to cancel the transaction without notice.
• For Instant Money Product (Trans-fast & I-pay) transfers, please refer to their existing terms and conditions available on leaflets within our network of branches. and on their website.
• Any complaints, queries, feedback on our services can be raised through our official email address customercare@economicexchangecentre.ae and any fraud incidents can be raised through our official email address whistleblower2007@economicexchangecentre.ae or our call center @ +971522421684 / +97143464474.
• Service charges are available on our website www.economicexchangecentre.com and the charges may vary based on the product/service and the value of the transaction.
• Economic Exchange Centre will refund the unclaimed funds as per the guidelines of the regulatory authorities.
• Economic Exchange Centre will not disclose confidential information about the customer to any third party unless it is required to do so by any applicable law or regulation within and outside the region.
• Economic Exchange Centre shall assume the responsibility of protecting consumers’ data and maintain the confidentiality of the data held with it or with a third party and disclose the data only to approve, facilitate, administer, and process applications/transactions or to respond to the queries of the relevant law enforcing authorities inside and outside the country. In case of any breach of data, customers will be informed through our official channels.
• Economic Exchange Centre shall assume the responsibility of protecting consumers’ data and maintain the confidentiality of the data held with it or with a third party and disclose the data only to approve, facilitate, administer, and process applications/transactions or to respond to the queries of the relevant law enforcing authorities inside and outside the country. In case of any breach of data, customers will be informed through our official channels.
• By availing products and services, customer agrees to the waiver of cooling-off period for immediate commitment.
• For further inquiries and details on terms and conditions of all Economic Exchange Centre products and services, please visit our website www.economicexchangecentre.com or call: 971522421684, +97143464474 or email us at info@economicexchangecentre.com.
• Economic Exchange Centre retains the right to amend the terms and conditions to comply with local laws or internal policies. Customers will be informed of any such changes via the website, branch disclosures, or electronic facilities.