SMJ Teratai is part of the Teratai Group of Companies with a paid up capital of more than RM12 million and is one of the 9 companies in Malaysia carrying the CLASS “A & D” MSB license to carry out money remittance services in accordance to the Exchange Control Act 1953.Advanced FINTECH technology innovation, value added services and innovative business channels has made SMJ one of the remittance operator of choice amongst immigrants, foreign workers and expatriates in Malaysia. SMJ has extended its client base to include not just individual clients, but to corporate clients as well such as GLC’s, Multinationals and SMEs.SMJ is also one of the founding members of the Malaysian Association of Money Services Business (MAMSB) which represents the money services business nationally. see less