BUMIPUTRA-COMMERCE Bank Bhd (BCB) and PT Bank Niaga of Indonesia, both under the Commerce Asset-Holding Bhd group, have embarked on their first joint financial service called CashLaju – an electronic remittance service – to capture a big share of the estimated RM2bil remitted by Indonesian workers to their homeland yearly.
BCB chief executive officer Dr Rozali Mohamed Ali said the service was targeted mainly at the estimated 600,000 Indonesian workers in the country who needed a speedy service to send money back to their families.