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FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

BRAC Saajan

Payment institution · United Kingdom

About the company

Legal company nameBRAC Saajan Exchange Limited
Year founded2004
Headquarters / registered countryBirmingham, United Kingdom
Websitebracsaajan.com
Last checked08.10.2026

According to its official website, BRAC Saajan is a money transfer company operating since 2004, part of the BRAC family, which it describes as the world's largest NGO, and a subsidiary of BRAC Bank, which it describes as Bangladesh's largest private commercial bank. BRAC Saajan and REMITnGO are trading names of BRAC Saajan Exchange Limited, registered in England and Wales (company no 06469886); the site says the company is authorised by the FCA as an Authorised Payment Institution under the Payment Services Regulations 2017 (reference 577104) and, as it does not hold customer accounts, is not covered by the FSCS. Individual customers can send money to more than 12 countries via the REMITnGO mobile app or from more than 400 agent locations in the UK; in Bangladesh, cash pickup, bank transfer, instant transfer and wallet transfer are offered through more than 20 correspondent banks and over 300,000 payout locations. For businesses, it provides payout infrastructure to Bangladesh via API and the Agent Core agent platform to money transfer operators, mobile wallets, banks and small businesses. The site says it has processed more than £3 billion in remittances. This information is the company's own statement.

Account Details

ACCOUNT TYPESPersonal · Business (money transfer operators, banks, mobile wallets, small businesses)
MIN. DEPOSITNot stated
PLATFORMSREMITnGO mobile app · Agent network · API
PRODUCTSInternational money transfers · Cash pickup · Bank transfer · Wallet transfer · Payout infrastructure (API) · Agent platform (Agent Core)

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 577104
Licence holderBrac Saajan Exchange Limited
ScopeListed in the FCA register as an Authorised Payment Institution under Brac Saajan Exchange Limited (FRN 577104) since 17 May 2018.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: July 2026 – October 2026

  • Withdrawal / payment: 1

No. 492 for most complaints among the 532 institutions with complaint records (918 institutions listed on the site).

RANK BY TOPIC — Withdrawal / payment: 415.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on BRAC Saajan's Trustpilot page (1) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the BRAC Saajan name are left out. Across the complaints, allegations that a transfer did not reach the recipient for days stand out.

Sources and verification history

Official company sourcesbracsaajan.com (bracsaajanexchange.com from the FCA register redirects here) — homepage and footer, About Us and Send Money pages
Regulator recordsFCA — Brac Saajan Exchange Limited, FRN 577104 (register.fca.org.uk; payment institution record)
Company registerCompanies House — BRAC SAAJAN EXCHANGE LTD, company no 06469886, incorporated 10.01.2008
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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