About Us

Trusted By 100K+ Businesses Since 2000

OVERVIEW

Suria Muhabat Sdn Bhd (SMSB) was incorporated on 24th August 2000, as a Money Services Business (MSB) company licensed and regulated by Bank Negara Malaysia. Started operating as a single retail outlet but with sheer commitment and dedication, today SMSB has expanded to 11 outlets throughout Malaysia.

SMSB is a company specializes in remittance and currency exchange. Notwithstanding that, SMSB also truly care about people and take pride in the people on its team, which consists of professionals who contribute their expertise and value to the business. Working together as a team creates synergies that enable SMSB to offer outstanding remittance and money exchange services to everyone.

The foreign community in Malaysia and their family members back home are connected by SMSB. We have extensive knowledge in the remittance and money exchange sectors, and we collaborate with renowned international and local as our transfer counterparties and money supply partners. We make sure that your money is transferred safely and that you receive the banknotes you require at the best rates possible.

Notwithstanding that, SMSB uses innovative technologies, proven and tested operational support systems, highly trained and motivated management, and a highly competitive and results-oriented workforce to preserve its position as one of the industry leaders in the money service business.

Why SMSB For Money Exchange & Money Transfer

We help you in making sure your money gets to the right person. In the event that there are issues with the transfer, such as a closed bank account or an unavailability of the beneficiary, we make every effort to resolve them as soon as possible for you.

For us to better serve you and learn more about your needs, stop by our office or give us a call.

Convenience

SMSB branches are mainly located in malls. This gives you the convenience of doing your shopping and conduct your money transfer and money exchange activities simultaneously.

Online Transfer

We take great concern of your valuable time and money by providing you the ease of transferring money using our sophisticated and secured SMart Remit Online Portal and SMart Remit Mobile App. This technologically powered hassle free digital application provides you with Real Time tracking on your remittances.

Competitive Rates

We work with excellent partners who efficiently handle our international transfers and reliable money suppliers who offer foreign currency at very competitive rates.

Friendly Service

SMSB is a company that offers more than just remittance and currency exchange. We are who we are because of our people. At our branch and during post-transaction, we are devoted to offering excellent customer care.

Legally Licensed By Bank Negara Malaysia

Bank Negara Malaysia (BNM) has granted SMSB a full licence to offer money transfer and currency exchange services. Your money is safe with us because we comply with all BNM regulations. Read more here.

our milestone

2000

SMSB was incorporated on 24th Aug 2000

2000

2001

Commenced business operations as a single retail outlet in 2001

2001

2012

  • Obtained MSB License from BNM on the 19th December 2012 following the consolidation of the industry under the MSB Act 2011
  • M&A with Hebat Megah Sdn Bhd and Maju Jaya Sdn Bhd
  • New branches expansion within Klang Valley
2012

2013

Became Hybrid Remittance agent for Western Union

2013

2015

Became Hybrid Remittance agent for Merchantrade

2015

2016

New branches expansion to Penang

2016

2017

New branches expansion to Johor and Pahang

2017

2019

SMSB won the Global Banking and Finance Awards® for the Best Money Exchange Provider Malaysia 2019

2019

2020

  • Landmark new branch opening in KL City Centre
  • Consolidation of non-performing branches 2020
2020

2021

  • Initiation of Class A License application
  • Initiation of M&A
  • Capital raising exercise 2021
2021

2022

  • Obtained BNM approval for Class A License to offer Remittance services
  • Launched OTC Remittance service on 1st Sep 2022
2022

Over 22 Years of Excellence

OUR VALUES

Customer Focus

To serve, satisfy and meeting our customers’ need is always our top priority

Integrity Always

Uphold the highest level of integrity which is the foundation of what we say and do. We do not engage in or tolerate unethical behaviour or fraudulent practices

Excellence In All We Do

Committed to the highest standards, continuous improvement and innovation in all areas of our work

Respect For Individuals

Treat all people with dignity, respect and fairness

Commitment

Accountable for delivering on the commitments we make

Teamwork

We work together as a team to help those with whom we work, live and serve

Our Vision

Aspiring to be one of the top MSB Company in its class and an employer of choice for the job seekers.

Our Mission

To maintain market leadership in worldwide foreign exchange and remittance services through enhanced customer experience driven by continually upgraded technology, branch network expansions and superior service levels.

To maximize value to all the stakeholders – our customers, our staff, our shareholders, the regulators, industry associations, suppliers and the community at large by adopting best global practices and continually striving for excellence so that we can be the most passionately referred service provider in the world of money services.

To put in place a robust compliance framework to ensure adherence to the statutory requirements at all times.

1 Step 1
SM Currency Booking Form

BOOKING TIME

10am - 6pm : Same day published rate apply.​

After 6pm - 11.59pm : Next day published rate apply.


COLLECTION

Booking day + 2 days (11am - 7pm daily)

Collection Time11am - 7pm
access_time

We will contact you to confirm your booking rate based on our published rate. To secure the rate, you need to pay a deposit of 20% of the total booking amount in RM value or RM500 (whichever is lower) within the given timeframe. If we don't receive the deposit within the specified timeframe, our published rate on the day of collection will apply.


https://suriamuhabat.com.my/branches/

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