UAE Exchange Malaysia ("UAE Exchange") is one of the principal licensees who can appoint Agent for Remittance and Currency Exchange Business. UAE Exchange has always believed in an agile and pro-active style of operating business. The Agency Business Model has been developed by UAE Exchange keeping in mind the evolving regulatory and economic landscape of the business in Malaysia.
UAE Exchange Malaysia through this business model aims to achieve a two pronged objective of reaching maximum customers through Agent network, while adhering to the regulatory compliance standards.
UAE Exchange Malaysia has obtained the approval of Bank Negara Malaysia (BNM) to appoint Agents for remittance and currency exchange business, under section 43 of the Money Service Business Act 2011. The Agency business in Malaysia was commenced in May, 2013. List of Agents.