Mr. Mohammed Sharif Al Hadi, an ex-executive of UAE Central Bank with financial acumen and very rich banking experience, is the person behind the establishment and success of Hadi Express Exchange. Hadi Express Exchange was established in the year 1994. In the year 2006, the company had made a strategic decision and entered into a secondment agreement with South Indian Bank. It was a case of perfect blending between two strong, successful financial establishments. The synergy generated due to the strategic partnership acted as the striking force for the growth of the company during the subsequent years. The Hadi Express Exchange is supported by Officers from South Indian Bank and presently the company is having eight branches spread across five emirates of the UAE viz Dubai, Sharjah, Ajman, Fujairah, and Ras Al Khaimah. The company has got remittance arrangements with major banks in India, Srilanka, and Bangladesh. Hadi Express Exchange is an authorized agent for the money transfer services – Western Union, Xpress Money, Instant Cash, and EZ Remit. The Company is a member of Foreign Exchange & Remittance Group (FERG), the one and only association of the exchange companies in UAE. Hadi Express Exchange has been given permission in addition, by the Central Bank of the UAE to distribute salary under WPS (Wages Protection System) introduced by the Ministry of Labor, Government of UAE. The company has plans to establish a network of branches in the rest of the Emirates in a phased manner.