Emirates Islamic Bank and Dubai Bank launch Indian Rupee remittance campaign

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region and the Islamic banking arm of Emirates NBD Group, announced today the launch of a three weeks-long “Indian Rupee (INR) Remittance Campaign,” which offers customers the opportunity to remit funds to India at a reduced exchange rate and zero processing fee. 

The campaign, which will continue till October 31, 2012, enables existing and walk in Indian customers of both Emirates Islamic Bank and Dubai Bank, to take advantage of the reduced exchange rate available on Indian remittance transactions during this period. 

“Emirates Islamic Bank is committed to provide a one-stop shop of comprehensive financial solutions to its customers,           so that customers can benefit from a range of state-of-the-art retail banking options within a Sharia-compliant banking environment,” said Faisal Aqil, Deputy Chief Executive Officer, Consumer Wealth Management, Emirates Islamic Bank & Dubai Bank. “The recent change in the UAE Dirham – Indian Rupee exchange rate has witnessed a surge in remittances by our Indian customers, and we would like to provide our customers the maximum benefit from such remittances through providing optimum money transfer solutions.”