BRAC Saajan Exchange Limited

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BRAC Saajan Exchange Ltd has relationships with the leading banks in Bangladesh, India, Pakistan and Sri Lanka. We aim to remit your money to your beneficiaries in as little as 15 minutes, making it as simple to do and hassle free.

Your beneficiary can receive money in two ways. They are:

 

  • Over the bank counter and/or
  • To his/her bank account.

 

How your beneficiary will receive the money, you will need to specify this at the time of sending the money.

 

Receiving over the counter

Your beneficiary will need to visit one of the payout locations. The payout locations will have their specific Remittance Form (varies from bank to bank). Your beneficiary will have to fill out the Remittance From for receiving the remittance. Along with the Remittance Form your beneficiary will be have to produce the transaction code (you need to provide the transaction code from the receipt to your beneficiary) and one proof of identification. Your beneficiary will be able to know about the documents accepted at the payout locations by visiting the location as these requirements may vary from country to country.

Receiving in bank account

If your beneficiary wants to receive the money into his/her bank account you will have to provide the bank account details at the time of creating the transaction. If you beneficiary has a bank account with BRAC Bank Limited, and you are sending money to that account, money will be available within 10 minutes. In other banks around the world, it normally takes from 3 to 5 working days for the money to be credited in the bank account.