News & Events

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Al Ghurair International Exchange launches Value Added Tax (VAT) Payment services for corporates in the UAE

01, March, 2018

Al Ghurair International Exchange launches Value Added Tax (VAT) Payment/Return services for corporates in the UAE: 

Value Added Tax: A tax imposed on the import and supply of Goods and Services at each stage of production and distribution, including the Deemed Supply.

Tax Registration Number (TRN): A unique number issued by the Authority for each Person registered for Tax purposes.

All entities that are registered under the Federal Tax Authority (FTA) and possess a TAX Registration Number (TRN) and a GIBAN bank account number can visit any of the Al Ghurair International Exchange branches to make their VAT payments to the FTA. 

Details required to process VAT payment:

  1. Tax Return Number(TRN)
  2. GIBAN
  3. Trade License copy(for the new corporate registrations)

More info @04 2221 619 // info@algiex.ae // feedback@algiex.ae 

PAN Card Service

12, November, 2017

Apply for your PAN Card at Al Ghurair International Exchange. Once issued in India, it will be couriered to you at the registered address provided in your application.

Read more: http://gulfnews.com/xpress/news/get-your-e-pan-card-in-seven-days-1.2144447

UAE's Al Ghurair International Exchange joins hands with Western Union to facilitate remittances to billions of bank accounts in 51 countries

11, April, 2017

Dubai: Al Ghurair International Exchange, the UAE-based foreign exchange and worldwide money transfer company, has partnered with Western Union to expand its reach to billions of bank accounts by enabling account credit facilities for cross-border consumers.

The account payout service by Western Union is a quick, secure and cost-effective way to transfer money to a bank account at the most competitive exchange rates, within minutes. Currently, the service is available to billions of bank accounts in 51 key remittance receiving countries around the world.

Imad ul Malik, General Manager, Al Ghurair International Exchange said, "We are pursuing innovation in consumer facilitation by capitalising on the emerging choice in money transfer channels. Western Union's account payout service connects us to many of the major banks worldwide. The additional ability to pay out in billions of bank accounts gives consumers' unparalleled choice when sending money through all Al Ghurair International Exchange locations across the UAE."

Hatem Sleiman, Regional Vice President Middle East for Western Union, added, "At Western Union we are working to provide consumers with convenience and choice in how they send money around the world. We are very pleased to work with Al Ghurair International Exchange to offer the account payout service to their customers at locations across the UAE."

Read more: https://www.menaherald.com/en/money/al-ghurair-international-exchange-joins-hands-western-union-facilitate-remittances-billions

Al Ghurair International Exchange launches IMPS service for Indian customers in the UAE

06, April, 2016

For those sending from the UAE to India, Al Ghurair International Exchange has just made things a little easier. With the launch of Immediate Payment Service (IMPS) through IndusInd Bank, Indians residing in the UAE can transfer funds instantly and securely to IMPS- enabled banks in India 24/7, including Sundays and bank holidays.

IMPS is an instant, real-time electronic funds transfer system in India that enables customers with the convenience of using their phones to transfer money to banks in India instantly.

Read more: http://www.dubaiprnetwork.com/pr.asp?pr=118507