LuLu Exchange, one of the leading foreign exchange and worldwide money transfer companies, opened its second branch in Abbasiya, and ninth outlet in Kuwait, on Wednesday, 6th November. With the opening of the new branch, LuLu Exchange further strengthens its strong network of branches across the State of Kuwait.
Speaking on the occasion, Adeeb Ahamed, CEO LuLu Exchange, said, “We are pleased to announce the opening of our newest branch in Abbasaiya. More branches mean more convenience to our customers. LuLu Exchange is keen on building a strategic network across Kuwait, considering the needs of customers as well as by reacting immediately to changing market dynamics. With the opening of this new branch, LuLu Exchange will cater to a large number of the expatriates of this fast growing country.”
“LuLu Exchange’s popularity in the region as the preferred, most trusted exchange house enabling smart and stable money transfer services has helped us chart our growth plan. We dedicate this branch to the service of our valued customers, with a commitment to bring them only the best, be it service offerings, accessibility and technology or customer experience in the bargain”, Mr. Ahamed added.
The company’s operations in Kuwait began in 2011. Since then, LuLu Exchange Company has been constantly growing by garnering the trust of the customers. The remittance major has gathered a wide range of services under one roof, which addresses most of the financial requirements of its customers including money transfer, foreign exchange, and more. LuLu Exchange’s firm belief in the commitment to enhance customer experience by identifying customer requirements has made it take money transfer services closer to its target customers in the interior regions.
Currently, LuLu Exchange has branches in Al Rai, Fahaheel, Mahaboula, Mangaf and Mirgab while it has two branches in Farwaniya and Abbasaiya, taking its total branch count to nine. To reinforce its dedication to improving customer accessibility and customer delight, LuLu Exchange plans to open eight more branches by the end of 2014. The company features a potent mix of highly competent and committed workforce paired with latest technologies to deliver the best possible customer satisfaction.
Mr. Ahamed further stated, “As a socially responsible organization, we have always ensured fair business practices including rigorous compliance to global anti-money laundering protocols, in the best interest of our regulators and customers. We couldn’t have achieved this success without the support of our customers, partners and regulators in every market that we operate in. We would like to take this opportunity to express our gratitude for all the inspiration.”
LuLu Exchange has strategic partnerships with Western Union Worldwide Remittance Services, and Transfast which only further guarantees that clients’ hard earned money reaches its destination in a fast and secure way. Currently the exchange house caters to markets world over with direct online remittance arrangements to India, Bangladesh, Srilanka, Nepal, Philippines, and Indonesia.