Merchantrade target RM4.1b remittance transactions in 2015

KUALA LUMPUR: Merchantrade Asia Sdn Bhd, Malaysia's largest non-bank licensed remittance and money exchange service provider, has target an estimated RM4.1 billion in remittance transactions in 2015.

"Merchantrade, established in 1996, has a strong touchpoint coverage throughout Malaysia.
"It currently serves 500,000 walk-in customers monthly, making it six million customers a year at the 66 branches and 258 agent locations in the country," he told Bernama.