The truth is BCARM has surrendered back the license to BNM as the entity decided to closed the remittance business in Malaysia. And definitely the license not being revoked as BCARM is a legitimate business and complied with the regulator's requirements when operating the remittance business.
BCA Remittance
- 6.00 Rating Detail
Rank 1178 of 1562 in Currency Exchange
Location : Jalan Sultan Ismail 50250, Kuala Lumpur View Map...
Background
Claim businessBank Negara Malaysia (BNM) has revoked the operating licence of BCA Remittance Sdn. Bhd., company registration number (843030V), under MSB Act 2011. Be careful if you are dealing with them in any financial activities that require a permit from BNM.