“This strategic tie up will further enhance GCC Exchange’s product range in the WPS category and give wings to GCC Exchange customers to avail the service and the withdrawals through the open network of branch ATMs across UAE”.

GCC Exchange, a leading global remittance, foreign exchange, and payroll solutions company, partnered with Finance House on 21st September 2022 to provide new financial facilities and payroll services for its customers. Through this partnership, GCC Exchange customers can withdraw their salary (free of charge for the first time every month) from any bank’s ATM. This means the customers do not have to tire of locating and visiting the company’s branches to get their monthly wages. 

Talking about the partnership, Mr. Rajesh Himatlal, Managing Director at GCC Exchange said, “GCC Exchange is committed to providing our customers with convenient and secure payroll solutions. Our partnership with Finance House allows us to deliver another financial inclusion solution for the benefit of our esteemed customers. We’re excited to partner with a leading financial service provider as our customers can now acquire their salary from any ATM near them, no matter which bank runs it.”

"Finance House’s strategic partnership with GCC Exchange reinforces our steadfast commitment to providing innovative and inclusive payment solutions that offer a simplified and easy way for employees to access and manage their salaries and wages," said Mr. Mohammed Abdulla Alqubaisi, Founder of Finance House.

“We are thrilled to bring more benefits and comfort to our customers” added Mr. Yash Rajesh, General Manager of GCC Exchange. The Financial House Card, powered by Mastercard, adds convenience for our customers in two ways. Firstly, they don’t have to travel far to acquire their salary from our branches. Instead, they can visit an ATM of any bank nearest to them. Secondly, the first withdrawal is free of charge for every month. They can use the card at convenience stores and shops too. We can’t wait to see our customers’ response to this new service addition. With the FH card, the company seeks to reward them for their loyalty and trust by multiplying service touchpoints, facilitating quicker and more convenient salary collection, and being a responsible WPS agent.”

A formal signing ceremony sealed the partnership at the Finance House Headquarters in Abu Dhabi among senior officials of both companies.

About GCC Exchange:

GCC Exchange is a fast-growing financial services brand founded in 2005 in the United Arab Emirates. The brand offers a suite of diversified and innovative financial solutions in Money Transfer, Foreign Exchange, Payroll Solutions and Bill Payments. The customer-centric ethos combined with a quality-driven approach, constant innovation in products and processes, and deployment of the latest technological advancements set GCC Exchange apart from its peers. The brand has been globally recognized and awarded for its customer service initiatives and business excellence.

For more information, log on to www.gccexchange.com | www.gccexchangeblog.com

About Finance House:

Established in March 2004, Finance House is an Abu Dhabi headquartered finance company that commenced operations in July 2004. The principal activities of the company are commercial and retail financing, financial services, and investments. The company is licensed and regulated by the Central Bank of the UAE. The major shareholders of Finance House include a number of prominent UAE businesspeople, high net worth individuals, and dignitaries. Finance House is rated BBB- long-term and A3 short-term, both with Stable Outlook by Capital Intelligence.

For more information, log on to www.financehouse.ae