KL Remit Exchange

Company was established as Dinar Traders Corporation on 5th February 1999 and was licensed under the Money Changing Act 1998 to conduct money changing business with a paid-up capital of RM300,000. With the coming into force of the Money Services Business Act 2012, Dinar Traders officially changed its name to KL Remit Exchange Sdn Bhd (KL Remit) with a paid-up capital of RM2 million. Bank Negara Malaysia granted a Class A license to KL Remit Exchange in June 2012 which enabled it to conduct remittance and money exchange business. Kl Remit has a total of 22 branches which are all already operating in various locations and we expect to open 5 more branches soon. At the moment we provide remittance services to Indonesia through our 3 partner banks and to India through our strategic partnership with ICICI Bank of India. We also provide Western Union Services. We are in the process of forging similar link-ups with reputable international remittance service providers with the view to ...