LuLu Exchange upholds the essence of customer trust

India, which is celebrating its 70th Republic Day, is today one of the fastest growing major economies in the world and is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships.

With India taking top ranking across various developmental factors, the country is likely to be the second largest economy in the world, bigger than the US by 2030, according to a research report by Standard Chartered. India has also retained its position as the world's top recipient of remittances this year with its diaspora sending $80 billion back home, according to World Bank reports. Over the last three years, India registered a significant flow of remittances, from $62.7 billion in 2016 to $65.3 billion in 2017.

Assisting remittances to the sub-continent is Lulu Exchange, an ISO 9001: 2015 certified organisation, which has over the years grown to become the leading financial services brand trusted by expats to send money to their loved ones. With products like the LuLu Money app, which allows super quick and easy money transfers to your loved ones, LuLu Exchange remains at the forefront of technological innovation in this sector. The LuLu Money app has various features including instant online transactions, payment tracking in real time, rate alert setting and payment history, among others.

Besides remittances, customers can exchange foreign currency at competitive rates and avail other value-added services like credit card payments and mobile top-up for their home country, among others. The organisation also offers its customers the Gold Card, which allows them to obtain a host of benefits at LuLu Exchange bureaus, and discounts at various other partner outlets across the length and breadth of the UAE.

LuLu Exchange currently has more than 180 branches spread across the UAE, Oman, Kuwait, Bahrain, India, Seychelles, Hong Kong and the Philippines. LuLu Exchange salutes India on its 70th Republic Day and wishes the people of the great nation a very Happy Republic Day.