CityRemit 2.7.1

CityRemit is an online money transfer platform that facilitates the transfer of funds from Malaysia to several countries, including Bangladesh, India, Nepal, Pakistan, Indonesia, the Philippines, Sri Lanka, and Vietnam.

Users can take advantage of a variety of transfer options such as Cash Pickup, Account Transfer, and Wallet transfers, ensuring a seamless and secure experience when sending money from Malaysian bank accounts to their home countries.

This service is notably the first cross-border banking remittance channel specifically targeted at Bangladeshi expatriates residing in Malaysia, while also catering to individuals from seven other countries. Transfers can be executed either by visiting CBLMT branches or through online banking in Malaysia.

CityRemit offers competitive exchange rates paired with low transaction fees, promising quick transfer times. The platform emphasizes security, employing stringent measures to protect users' transactions and personal information.

Establishing an account with CityRemit is straightforward; once users complete the verification process, they are ready to make their first transfer.

The service operates under CBL Money Transfer Sdn. Bhd. (CBLMT), a licensed Money Service Business (MSB) in Malaysia that specializes in cross-border remittance services. CBLMT is a wholly owned subsidiary of The City Bank Limited (City Bank) based in Bangladesh.