BRAC Saajan Exchange Ltd
BRAC Saajan Exchange Ltd, an Exchange Company incorporated in England and Wales on 10th January 2008 and is a subsidiary of BRAC Bank Limited, Bangladesh. The Company has been formed through acquisition of the erstwhile “Saajan Worldwide Money Transfer Limited” in 2011.
The Company mainly provides remittance services to UK residents and specialises in the transfer of funds from the large Bangladeshi Community. In addition, we can also cater to the needs of the Non Resident Bangladeshi’s(NRBs) through our parent organization, BRAC Bank.
BRAC Bank Limited . BRAC Bank, within its first 9 years of operation became the fastest growing Bank in Bangladesh.
Status Disclosure
BRAC Saajan” and “REMITnGO” are trading names of BRAC Saajan Exchange Limited, a company registered in England and Wales (registration number 06469886). BRAC Saajan Exchange is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (API) under the Payment Services Regulations 2017 (reference no. 577104) for the provision of payment services / electronic money. Registered address: 162 Lozells Road, Birmingham B19 2SX, United Kingdom.
Important notices 1) Unlike a bank, BRAC Saajan Exchange Ltd do not provide any customer fund holding accounts only fast transfer remittance. Therefore we are not required to be covered by the Financial Services Compensation Scheme. (FSCS) Please see the FCA website for further information about the FSCS.
2) In the unlikely event that BRAC Saajan Exchange ltd becomes insolvent or unable to trade, all services will cease. However, any existing transfers that are in progress will be honoured with the exception of those that cannot be processed due to Regulatory irregularities
