CBL Money Transfer
Curated by SignalCross-border remittance solution enabling secure transfers for expatriates.
Overview
CBL Money Transfer functions as a cross-border remittance service, focusing on migrant workers and expatriates in Malaysia. Its primary product, the CityRemit mobile application, enables users to transfer funds quickly and securely to South Asian countries, with a particular emphasis on Bangladesh. The service utilizes designated banks, beneficiary bank accounts, and mobile wallets to offer recipients various options for receiving remittances. CBL Money Transfer highlights its commitment to security and internal control systems, aiming to provide reliable services without hidden fees. The company seeks to address the challenges faced by individuals who need to send money to their home countries, thereby improving financial connectivity for its users.
Key facts
- Founded
- 2007
- Headquarters
- Kuala Lumpur, Malaysia
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 6 products and services
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- Commercial model
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Contact
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- Phone
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