Dimension scores are derived from public data and fields; weighted into the composite. Reference only.
CBL Money Transfer Sdn. Bhd. is a licensed Money Service Business remittance institution operating in Malaysia, regulated by Bank Negara Malaysia under registration number AKPW/012/2007. The company is a wholly owned subsidiary of Bangladesh’s City Bank, with a clear positioning: serving foreign workers, expatriates, and some corporate organizations in Malaysia by helping them send money back to their home countries.
Its core product is the CityRemit mobile app, while it also maintains counter services across 15 branches in Malaysia. On the payment side, it supports cash, POS debit cards, CDM Deposit, and Internet Banking, with FPX available in the app. On the receiving side, it supports cash pickup, bank account deposits, and mobile wallets, while Vietnam also supports Home Delivery. Destination coverage includes Bangladesh, India, Pakistan, Sri Lanka, Nepal, Indonesia, the Philippines, and Vietnam, with particular emphasis on its extensive bank and branch network in Bangladesh.
The website repeatedly emphasizes “no hidden fees,” and states that recipients are not charged additional fees. However, the main content does not disclose a specific fee schedule, exchange-rate markup, or country-specific limits, which makes price comparison less convenient. Delivery time depends on the destination country, with the official description ranging from instant to 3 business days; some transactions can arrive as quickly as the same day.
CBLMT requires KYC: Malaysian users must provide MyKad, while non-Malaysian users must provide a passport and visa. Cross-border remittances generally cannot be made without a passport. Large transactions exceeding RM 15,000 require three months of bank statements or payslips. The company states that it has internal controls, risk management, and encrypted security measures, and may cancel transactions due to compliance issues or incorrect information.
Its advantages include clear licensing, a strong focus on South Asian corridors, both online and offline service channels, and diverse payout methods. Its drawbacks include limited fee transparency, narrow global coverage, a lack of API and enterprise integration information, and multiple 404 pages on the official website. It is better suited for Bangladeshi and other South Asian foreign workers in Malaysia sending family remittances, and less suitable for merchants that need global acquiring, developer APIs, or multi-currency business payments.
The main content does not provide information on availability in mainland China, ICP filing, or localized support, so this is considered unknown.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on cblmoneytransfer.com official site.
cblmoneytransfer.com is an Malaysia Finance provider. TG4G tracks its product information, an overall rating of 6.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach cblmoneytransfer.com directly.