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 pro