The Money Changer Association of Bangladesh (MCAB) is an organization representing money changers in the country. While specific details about the association’s mission and vision may not be publicly detailed, generally, such organizations focus on the following:

Mission

  • Representation: Advocate for the interests of money changers in Bangladesh.
  • Regulation Compliance: Ensure that members comply with national and international financial regulations.
  • Professional Development: Provide training and resources to enhance the skills and knowledge of members.
  • Customer Trust: Promote transparency and ethical practices within the industry to build customer trust.
  • Collaboration: Work with the government, financial institutions and regulatory bodies to improve the industry’s operational environment.

Vision

  • Industry Leadership: To be a leading association that sets the standard for the money-changing industry in Bangladesh.
  • Sustainable Growth: Foster an environment that supports the sustainable growth of the money exchange sector.
  • Innovation: Encourage the adoption of new technologies and practices to improve service quality.
  • Global Recognition: Achieve recognition for Bangladeshi money changers in the global market.
  • Financial Inclusion: Support broader financial inclusion efforts by ensuring accessible and reliable money exchange services for all citizens.