Ensuring Security and Compliance

Lotus Remit | Safe and seamless outward remittance transactions with highest security standards

Our Commitment to Security

At Lotus Remit, we prioritize the security of our customers' information and consistently work to provide them with the highest levels of assurance and peace of mind regarding the safety of their transactions.

Bank Negara Malaysia

Strict adherence to BNM guidelines and regulations

  • Maintain strict adherence to BNM guidelines
  • Consistently align operations with regulations
  • Support BNM's mission for monetary stability
  • Contribute to sustainable growth of Malaysian economy

Registration & License

Formally registered entity with proper licensing

  • Registered as "Lotus Group Ent Sdn Bhd"
  • Registration number: 747923-M
  • Operating within regulatory framework
  • Highest standards of professionalism

AML/CFT Policy

Anti-Money Laundering and Countering Financing of Terrorism

  • Effective AML/CFT implementation
  • Mitigating criminal economic activities
  • Upholding integrity in financial markets
  • Rigorous KYC and CDD standards

Data Protection

Comprehensive data security and privacy protection

  • Personal Data Protection Act 2010 compliance
  • SSL connections with 128-bit encryption
  • Internet firewalls and web-security restrictions
  • Highest levels of customer information security

Bank Negara Malaysia

We maintain strict adherence to the guidelines issued by Bank Negara Malaysia (BNM) and consistently align our operations with these regulations. Our commitment to these guidelines underscores our support for BNM's mission to foster both monetary stability and financial stability, thereby contributing to the sustainable growth of the Malaysian economy.

Registration and License

We operate under the registered entity name "Lotus Group Ent Sdn Bhd" with a registration number of 747923-M. This formal registration signifies our commitment to operating within the regulatory framework and underscores our dedication to upholding the highest standards of professionalism and compliance.

AML/CFT Policy

At Lotus, we firmly believe that the effective implementation of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) methodologies is pivotal in mitigating the adverse impacts of criminal economic activities. Moreover, these practices play a crucial role in upholding integrity and stability within global financial markets.

Our commitment to AML/CFT is unwavering. We regularly scrutinize our AML/CFT strategies, objectives, and goals. We have established a stringent and rigorous AML/CFT framework anchored in sound legal, institutional, and supervisory practices. In addition, we rigorously adhere to the requisite Know Your Customer (KYC) and Customer Due Diligence (CDD) standards set forth by our regulatory authorities.

Data Protection

At Lotus, we prioritize the security of our customers' information and consistently work to provide them with the highest levels of assurance and peace of mind regarding the safety of their transactions. We maintain strict adherence to Data Protection standards and have implemented comprehensive policies and procedures to ensure compliance.

Please refer to the document titled "Notice Pursuant to the Personal Data Protection Act 2010."

All Lotus Remit transactions are transmitted through Secure Socket Layer (SSL) connections equipped with 128-bit encryption, safeguarding the entire user experience against unauthorized access. Internet firewalls and robust web-security restrictions are in place to fortify the security of customer information to the highest possible levels.

Security Features

Multiple layers of security to protect your transactions

SSL Encryption

128-bit encryption for all transactions

Firewall Protection

Internet firewalls and web-security restrictions

KYC/CDD Standards

Know Your Customer and Customer Due Diligence

Regular Monitoring

Continuous scrutiny of AML/CFT strategies

Compliance Standards

We adhere to the highest regulatory standards

Bank Negara Malaysia Guidelines
Personal Data Protection Act 2010
Anti-Money Laundering (AML) Policies
Countering Financing of Terrorism (CFT)
Know Your Customer (KYC) Standards
Customer Due Diligence (CDD)
SSL Security Protocols
Regular Compliance Audits

Your Security is Our Priority

Experience peace of mind with our comprehensive security measures and regulatory compliance. Your transactions are protected by the highest industry standards.

"We do not deal in personal loan/ Business Loan/ Investment plans, neither we have any subsidiary company dealing in such products. Be careful of fraudsters"