UAE Exchange India opens new branch in Nandyal UAE Exchange has opened its new branch in Nandyal, on August 1, 2011. The branch was opened by Shri Bhoomanagi Reddy, MLA of Nandyal. During the inaugural ceremony the company distributed school bags & note books for a few poor students, as part of their corporate social responsibility initiative. The new branch will cater foreign exchange, money transfer (domestic and international), travel and tours, gold, vehicle and personal loans, insurance and share trading services to the customers. The branch commenced operations in the presence of officials from various banks, and people from all walks of life. The new branch will offer services including Money Gram, Xpress Money, Foreign Exchange, Travel & Tours, Share Trading, Insurance and Mobile based Payment System – Xpay.