UAE money transfer firms waive remittance charges to India

Money transfer companies in the UAE are trying to contribute in their own way to fight the COVID-19 pandemic situation in India by waiving charges to funds being transferred to India’s PM Cares Fund and Kerala Chief Minister’s Distress Relief Fund to help the South Asian country

May 04, 2021
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UAE money (File)

Money transfer companies in the UAE are trying to contribute in their own way to fight the COVID-19 pandemic situation in India by waiving charges to funds being transferred to India’s PM Cares Fund and Kerala Chief Minister’s Distress Relief Fund to help the South Asian country.

The exchange houses told Khaleej Times that millions of Indians in the UAE and other Gulf countries have come forward to contribute to the two funds.

“In these challenging times, we express our solidarity with the people of India, and pray for their safety and well-being. We have waived off charges on money transfers made to the PM Cares Fund and the Kerala Chief Minister’s Distress Relief Fund,” Adeeb Ahamed, managing director of LuLu Financial Group told the newspaper.

Joyalukkas Exchange has also announced a waiver of charges on remittances sent to PM Cares Fund in India, IBNS said.

“We stand with India in these challenging times. There are millions of Indians in the Gulf region, who have come forward to donate generously to the PM Cares fund to fight the alarming Covid-19 situation in India. I request everyone to donate generously and help India overcome the crisis,” Antony Jos, managing director of Joyalukkas Exchange, told Khaleej Times.

India is witnessing a deadly second wave of the COVID-19 at present.

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