Capability Statement

Saajan is a household name in UK Asian market with business interest in different growth and mature business sectors. Its principle activities include import and retailing of Asian fashions, international travels and money transfers.

STWMT in UK has the capability and the capacity to efficiently co-ordinate financial transfers between individuals in UK, Bangladesh and around the world. The company is the first independent money transfer agency approved by Bangladesh Central Bank in the West Midlands. Currently, we have drawing arrangements with Brac Bank Ltd, Islami Bank Bangladesh Ltd, South East Bank Ltd and Uttara Bank Ltd. STWMT is fully geared to take remittances for all African countries

The competitive advantage that Saajan offer is:

  1. Registered business with HM Customs and Excise and has a certificate of registration for Money Laundering Regulation (MLR) No: 12194836.
  2. Personal approach to each client ensures that STWMT is a one stop shop.
  3. The use of latest broad bank technology for highest standards of service that is simple, secure and fast.
  4. The company can conduct transaction with clients from any country and transfer funds anywhere in the world.
  5. Professional and experience staff that are at hand to provide a complete service that is stress free and saves money and time.
  6. Comprehensive service is an easy to use reliable and cost effective way to send money to Bangladesh.

Over the last two years STWMT has registered thousands of accounts across the UK through its network of agents. At the same time agents are being approved and new accounts are continually being developed and opened. STWMT have exceeded its projected remittance sales targets. The company expects to achieve sales in excess of USD 50 million by June, 2007. Given the growth within the market and the inward investment in Bangladesh made by UK Bangladeshi, greater capacity exists within the sector. STWMT have the capacity; the capability and are strategically positioned to capitalise and increase its share of the market with the right partners. STWMT aim is to become long term market leaders in the UK.

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