About Us

About Us

Horizon Remit Sdn Bhd a joint venture formed in April 2010, between Weizmann Forex Ltd. and Paul Merchants Ltd, two of India’s largest principal agents of “The Western Union Money Transfer Company” are in the business of Inbound and Outbound International Money Transfer Services having a valid License issued by Bank Negara. Subsequently Transcorp Enteprises Limited & Western Union were brought in as its third & fourth investor.

Management Team


Mr. Sat Pal Bansal



Presently the Chairman cum Managing Director of Paul Merchants Limited, Punjab (India) and is a graduate in Arts. Hails from a business family of Punjab, India.


Mr. Chetan D. Mehra



MD of Weizmann Ltd. Mumbai, India and is a graduate in Science. Weizmann Ltd., the flagship company of Weizmann Group engaged in – Textile Processing and Exports –


Mr. Ashok Kumar Agarwal



Mr. Ashok Agarwal has vast experience in diverse businesses like infrastructure projects, finance and health management. He is a Trustee of IIHMR, pioneer in health management education in India and also a trustee of John Hopkins University, USA..


Mr.Gaurav Yadava



Gaurav has over 20 years of rich experience, insights and understanding of consumers in India and the ability to leverage these effectively through new products, segments, marketing and Network development initiatives.


Mr. Subbaraman AV

Director & CEO


Presently the Director & Chief Executive Officer of Horizon Remit Sdn. Bhd.Malaysia. A graduate with over 23 years post qualification experience in the areas of Foreign exchange retail, wholesale, Money transfer Services.


Mr.Tan Pet Heong



Mr. Tan has vast experience in commercial banking. His career in banking spans over a period of 36 years. His last held position prior to retirement was Executive Vice President of Malayan Banking Berhad .

Find out our locations