Free money transfer to Bangladesh

Media Release

Canberra 2 May 2018

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced it’s Australian mobile remittance service Rocket Remit has partnered with leading mobile money service bKash to provide free instant money transfer to Bangladesh.

Rocket Remit specialises in international money transfer via mobile money. It offers the world’s fastest and simplest method for sending money from Australia to emerging markets overseas.  Money transfer is instantaneous with funds directly credited to the recipient’s mobile money account without requiring a transfer agent or bank.  No other transfer method or technology including crypto currencies can achieve this level of transaction speed.

Rocket Remit provides senders with the worlds simplest way to send money. It requires only the mobile number of the recipient to address the payment.

Recipients receive funds instantly and automatically receive an SMS notification as funds are immediately credited to their mobile money account in their local currency. The recipient can access the funds instantly and securely from their mobile money account directly.  Depending upon their region, may also withdraw funds in cash via an agent or ATM.

Mobile money transfer also offers the lowest cost method for sending money to emerging markets where people rely on money sent to them by relatives and friends from overseas.  For a limited period as part of the launch no transaction fee will be applied for money transfers from Australia to Bangladesh.

For the full media release see our corporate website here.