Skip Ribbon Commands
Skip to main content

 SAIF ZONE, UAE Exchange tie-up for easy payment system

SHARJAH (20-1-2015) - Sharjah Airport International Free Zone (SAIF ZONE) has introduced a new cash payment option for its investors to settle their invoices through the UAE Exchange branches in the UAE.

“We always strive to provide the best services for our investors and now we have collaborated with the UAE Exchange for the same,” Saud Salim Al Mazrouei, director of Sharjah Airport International Free Zone (SAIF ZONE) and Hamriyah Free Zone Authority (HFZA), said after signing the contract with UAE Exchange.

“This initiative is in line with our goals for the year of 2015 to provide better and faster facilities and is one of the many other services that we are developing to achieve total efficiency,”  Al Mazrouei added.

“ This collaboration   will  provide an added service to our investors for settlement of their payments  on a day-to-day basis with minimum effort and maximum savings in time,” said Muhannad Obaid Rashid Buafra,  Finance Director of SAIF ZONE.

  Varghese Mathew, Country Head of UAE Exchange, who signed the contract on behalf of his firm,  commented:

“We are glad to join hands with SAIF Zone for corporate bill payments, wherein all the corporate entities belonging to this zone can pay towards their SAIF Zone invoices, conveniently at any of the over 135 branches of UAE Exchange, spread across the UAE.”

“UAE Exchange has always explored opportunities to bring value to its corporate customers in SAIF Zone and we are sure that this partnership will bring more convenience to the doors of the corporate world,” Varghese Mathew concluded.

The payments will be integrated to the investors’ account with SAIF ZONE the following day. There will be a service charge for this facility. 

To avail the service, the investors will have to do a one-time registration with UAE Exchange with their trade license issued from SAIF ZONE  along with the owner’s identity proof as per the Central Bank rule, after which the investors can use this service from UAE Exchange branches.

About Sharjah Airport International Free Zone Authority (SAIFZONE)

Dedicated to quality and excellence, SAIFZONE is the symbol of efficient operations- the better alternative for business ventures in the UAE and beyond.  Easily accessible to seaports on the Indian Ocean (Port KhorFakkan) and the Arabian Gulf (Port Khalid), SAIFZONE is built adjacent to the Sharjah International Airport.   It offers competitive incentives and unique opportunities to establish a business in a tax- free environment with full company ownership. SAIFZONE has registered phenomenal growth since its inception in 1995 and today has over 6500 companies from 148 countries. Please visit for more details.

About UAE Exchange

UAE Exchange is a leading global money transfer, foreign exchange and payment solutions brand with over 750 branches across 32 countries, making it the largest network in its class. In the UAE, its flagship market, it has over 135 branches, out (of) which 16 are in Dubai Metro. UAE Exchange is the first remittance brand to establish  (its) presence in the railway network. The remittance brand serves 7.9 million customers worldwide, handling 6% of the global remittance volume. Its correspondent relationship with close to 150 banks adds to the(omit the, put its) might. UAE Exchange offers a wide range of services at its counters including bank transfers, instant money transfers, payroll solutions, foreign currency exchange, bill payments and more. Over 9000 multi-cultural professionals representing over 40 nationalities work for one aim of ensuring customer delight.

For More Information, Please contact
Media Relations Manager
Tel: +971 6513-3482 (Direct)
Mobile: +971 502362000 (Mobile)
Email: [email protected]/[email protected]