Choose Lotus Remit for Money Transfer

Thinking of transferring money overseas, but have no idea how? Fred not Lotus Remit is here to help you do just that. International money transfer may be a nerve-wracking process by itself. However, here at Lotus Remit, our objective is to make the process affordable and seamless for our customers. It can be frustrating losing money in the form of exchange rates and high processing fees. Ultimately, we desire to assist our customers in sending money overseas without any complication and in the shortest possible time. Yes, that’s right in the shortest time possible with the efficient system and network we use. There are many reasons why Lotus Remit is among the best choice for your money transfer.

Ideally, we aim to provide fast, secure, and reliable services to our customers. With that being said, it takes just minutes for the money to get transferred to your recipient through our secure network. We understand that there are endless concerns about the time taken for remittance services and how secure it actually is. The usage of Real-Time Gross Settlement (RTGS) also known as the fastest possible money transfer system through the banking channel helps us maintain a fast-paced transfer process. Meanwhile, we have secured arrangements with one of the largest banks in India as well as other parts of the world, where funds from Malaysia are transferred to those correspondent banks. Subsequently, the money reaches the beneficiaries from there. To maintain the security and reliability of our services, we comply with the guidelines issued by Bank Negara Malaysia. Hence, providing services that are completely secure and reliable.

Moreover, we guarantee one of the best exchange rates in Malaysia: committed to providing the most competitive rate for each international money transfer. With a minimum transaction fee of only MYR 5.00 for countries such as India and Indonesia, it is close to impossible to find remittance services with such low transaction fees around. Exchange rates for countries such as India, Indonesia, and others stand at a lower range among other available providers in the nation.

Nonetheless, we also provide an easy remittance solution. All you need to do is sign up, verify your account, and start transferring money right away. Money can be sent overseas in 3 easy steps, where you can start your transfer by paying in Malaysian Ringgit with your debit card, credit card, or through an online bank transfer. Then, we will provide you with the best rates for your transfer which will allow you to decide which country you want to transfer your money to. When the transfer is done, your recipient would receive the money directly in their country from our local bank account.

Furthermore, there are no hidden costs in the services we provide. As we offer absolutely transparent services and do not have any additional charges. Our services are inclusive of Cash-to-Cash transactions which refer to a transaction that involves an immediate outflow of cash to purchase any goods, services, or assets. Such transactions can be carried out by registered users on our website. A unique receipt number will be notified via the transaction receipt that would be sent to the registered email id and money can be collected at pay-out locations worldwide in minutes. Besides that, we have the Remit-to-Bank transaction where funds are transferred from one bank account to another as a gift or payment. These transactions can be carried out online by registered users. Through these services, the funds can be credited directly to the beneficiary bank account worldwide.

Lotus Remit is a one-stop solution provider for all your remittance doubts and needs. Choosing us will ensure a smooth and reliable transfer of your money to the recipient anywhere around the world without worrying about the process or complications. Lotus Group ENT SDN BHD is a registered company, licensed by Bank Negara Malaysia and has been bestowed with the ‘’ Money Services Business” status. We route our transactions through reputable banks and every transaction passes through the scanners of the respective Central Bank. Global remittances are rendered by a wide network of banks and agents where Lotus share an excellent, symbiotic business.