Placid NK Corporation Email Format
Financial ServicesNew York, United States11-50 Employees
Placid NK Corporation, operating as Placid Express, is a money-transmitter in the financial services sector. Founded in 1996 and headquartered in Westbury, New York, it runs a retail money transfer network through agents in top U.S. markets and Canada, with additional retail branches in Malaysia and partner coverage in Spain, the United Kingdom, and the United Arab Emirates. The company serves more than 30 destination countries through correspondent relationships with banks and financial institutions, and it has pursued expansion to additional markets as licenses and frameworks allow. In addition to direct consumer transfers, it provides access to its money transfer network for other firms and operates its own transfer software platform. Fully owned subsidiaries include Placid Express SRL in Italy and Placid Express Sdn Bhd in Malaysia, and in September 2024, Shahjalal Islami Bank Limited announced a remittance drawing agreement with Placid Express.