BUSINESS SEMINAR

Global Remittance & it’s future

Arbor City Hotel 12-20 Osborn St. London E1 6TE

4th August, Thursday 2PM

Presented ByNazmoul Hasan

Managing Director SHA Global

In collaboration with Small World

Index

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• Overview of SHA Global • Remittance Industry and its size• Overview of Remittance business in Bangladesh

Corridor• Remittance business trend over the years for

British Bangladeshi Company• Challenges currently facing by money transfer

company• Solution for the remittance company

Overview of SHA Global

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• SHA Global is a global money Transfer company working in partnership with Small world.

• Providing agent network for the principle company• Has 400 agent network worldwide• Has global offices in UK, Spain, Portugal, Italy and

Bangladesh. • Has call center in Bangladesh for the Global agent

support for agent and the beneficiary.

Offer from SHA Global

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• Low Sending charge in all over the world• Competitive exchange rate• Highest commission for the agent. • Business money Transfer• Charity money transfer• Trust and reputation with the community

Corporate social Responsibility

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Global Remittance Market Size

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(Aite Group, 2016)

In collaboration with Small World

In collaboration with Small World

(Tark India, 2015)

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Remittance from UK to Bangladesh

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• The contribution of remittance from UK it is around 8% of the total remittance.

• Total remittance from UK during the financial year 2010-11 stood at US$ 890 million.

• UK is the fifth largest source of remittance next to Saudi Arabia, USA, UAE and Kuwait.

(Bangladesh High Commission London, 2016)

Money transfer business Network

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• Total Money transfer is 6500 location in UK.• 450 to 500 Location is run by Bangladeshi ethnic

Money Transfer company• Estimated 10-12% of the total remittance volume

form UK done by British Bangladeshi Money transfer(Global Remittance Market News, 2015)

British Bangladeshi Money transfer History

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Money transfer was not regulated way they way is regulated today

Beginning of Start getting regulated by FCA and MLR

Start loosing Bank account

Only few British Bangladeshi Money Transfer has the Bank account

Challenges

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For Money transfer company (API)Compliance rules Bank AccountMigrant restriction

For Money Transfer agent (SPI)Selecting the right partner.

Solution

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• Are you going to close your money transfer business?

• Then Who can you trust?• Are they safe and secured?• Can they delivered the service?• Are you getting your maximum benefit?

Solution

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If you could not find the right reliable partner then Join with us. We can assist you to overcome those challenges.

Thank You

In collaboration with Small World