According to World Bank data, total outbound remittances from Malaysia are valued at US$2.3 billion in 2012*. Sudhesh Giriyan, Vice President & Business Head, Xpress Money said that the programme was launched over Ramadhan to give back to society and customers. "At Xpress Money, we are expecting a 15% rise in remittances during Ramadhan. The `Win Everyday’ programme is our way of wishing Ramadhan Kareem to our customers across the world and this incentive scheme will give our customers the opportunity to earn an added bonus - that they could send back to their families during the festival of Eid,” he said.
Remittances sent between 25 June and 12 August are eligible for a fortnightly lucky draw from which daily winners will be chosen. A mega draw with separate prizes will be conducted a week after the end of the promotion.
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| Source: Xpress Money website. |
*Remittance Data Outflows – Apr 2014 – World Bank