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Are there any new players in the remittances industry?


As every year the International Association of Money Transfer Networks (IAMTN) will be hosting its Dubai Money Transfers Summit on 26th March 2013. This year will be the 6th and it is to be held at the Grand Excelsior Hotel Al Barsha Dubai - United Arab Emirates. The top names in the money transfer industry business are taking part.

When the financial crisis arrived on the shores of the Gulf Region and workers from the construction workforces were told to down tools, it was a bigger blow to the villages of Pakistan and Bangladesh than to the Gulf.

2012 was a tough year for remittances for many around the world but not so for the Gulf States. In fact without the strong performance of the region global remittance numbers would probably have fallen across the world.

“The Remittance Industry is back under the spotlight. While all are striving to get a share in one of the fastest growing industries worldwide, many are still hesitant as they see the challenges facing the industry with the new rules & regulations which down growth. Is new technology disrupting the development of the industry? Are there new players coming up and sharing the market?” asks Mr. Osama Al Rahma, General Manager, Al Fardan Exchange.

The Dubai Summit will begin by providing a global context on remittances. With global volumes are predicted to rise overall this year we anticipate even stronger growth in the Middle-East. Taking part in the sixth Money Transfer Dubai Summit will be senior representatives from UAE Exchange, Kamal Exchange, MoneyGram and Leader whose remittance services are developing fast.

We will continue to examine the areas that are having the biggest impact on the remittances and international payments market. In a similar fashion to the previous five conferences, the one day conference will not only provide tremendous information and networking opportunities but will also throw out challenges to all attendees to re-examine their business strategies and ensure that they are positioned to seize the opportunities and tackle the challenges – particularly as the world looks further east.

In addition there will be a continuation of the discussion and an update on progress in the vital area of access to bank accounts for money transfer businesses.

Please hurry and contact our Event Manager, Kellie Waidson (, to confirm your place.

In order to increase your company exposure to our outstanding network of international contacts reserve your Sponsorship package. You will enhance your brand image while communicating your core values to new markets. As a result, you will improve your company’s image and reputation throughout the industry and increase awareness of your services within our network. This will provide you with instant brand recognition throughout the industry, allowing you to expand and strengthen your contact and client base.


The International Association of Money Transfer Networks is the only organization that represents Money Transfer Industry/Payment Institutions across the globe. We actively work with regional money transfer trade bodies.

IAMTN was created on November 2005 to respond to repeated calls for a body that could represent the industry at an international level. As a non-profit organization founded in 2005 that has many members around the world and is tasked to create the most effective, safe, reliable and efficient payment system possible.

For this purpose IAMTN represents and defends the common interests of it’s Members and works on removing the obstacles that prevent institutions from implementing their activities.

IAMTN works closely with government, regulators, payments stakeholders and individuals to improve the payments system.

IAMTN offer flexible memberships to suit your needs. For the opportunity to find new international partners and influence global money transfer events get in contact now.
Contact:IAMTN E-mail: T:+ (44) 203 291 2634



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