WOODBRIDGE , NJ (TIP): UAE Exchange, an Abu Dhabi based financial services company,which operates its money transfer business in USA under its wholly owned subsidiary Moneydart Global Services, is aggressively pushing forward to expanding its operations in all 50 states of USA by the next year. Moneydart Global Services Chief Operating Officer Y. Sudhir Kumar Shetty and Promoth Manghat, its Global Operations Vice-President,who are currently visiting USA to study the market, told media persons here that Moneydart made impressive gains in spite of recession in United States and downturn in world economy. “We are a trusted name in the world market of fund remittance in major currencies of the world”, he claimed.

Addressing media persons at company’s US headquarters in Woodbridge, NJ, Shetty unveiled Moneydart App,which can be easily uploaded on Android and other Smartphone operating systems. “The new App will meet the needs of our customers who preferred to complete their transaction using their mobile phones twenty four hours a day without visiting a branch”, said Shetty. According to Promoth Manghat, Moneydart is the only money transfer company,which acquired a SWIFT membership,which is normally given to banks. “Using our SWIFT membership we plan to launch our Business 2 Business product in North America. This service will benefit businesses that require wire transfer in more than one currency. He said that Moneydart’s online portal money2anywhere.com facilitated moneytransfer to a bank account and allows beneficiaries to pick up from our branches. He added that Moneydart’s ‘FLASHremit’ service was helping customers in India, Pakistan, Philippines, Bangladesh, Indonesia and Sri Lanka for money transfer within minutes. Moneydart’s Regional Head for Americas, Ajit Paul said his company was committed to various community activities and helping a number of community organizations conducting cultural and social activities