About us

Sonali Pay UK Limited is an Authorized Payment Institution (API) under the trading name SonaliPay in the UK. SonaliPay is a 100% owned subsidiary of Sonali Bank PLC, Bangladesh. The company was initially formed on 28th April 2022, with a view to becoming a standalone authorised remittance entity to provide service for the UK based Bangladeshi diaspora. SonaliPay received its authorisation from Financial Conduct Authority (FCA) on 15th June 2023 following a successful application with its own unique reference number (FRN) 977519 which is listed on the FCA Financial Services Register.

Sonali Pay UK provides Remittance Services, including bank transfers to accounts in Bangladesh from the UK. Beneficiaries also have the option to utilize cash pickup services at over 1220+ branches of Sonali Bank PLC across Bangladesh. Furthermore, customers can seamlessly send money to Bangladesh, directly to bKash and Nagad accounts UK through our mobile app or web platform.

SonaliPay Fast, Convenient &
Secure Money Transfer

Our money transfer uses leading technology to deliver money safely and
conveniently for Cash Collection and Bank Accounts.

Competitive Rates

We offer competitive rates, low or zero remittance fees.

Extremly Fast

Our 24/7 remittance service transfers money rapidly to your beneficiary.

Secure and Regulated

SonaliPay is a UK regulated remittance service provider, your money will be reliably sent through our secure technology.

Board of Directors

Md Shawkat Ali Khan

Chairman, Sonali Pay UK Limited

Md. Shawkat Ali Khan joined Sonali Bank PLC on 30th October 2024 as Managing Director and Chief Executive Officer for a 3-year tenure. Prior to joining SBPLC, Mr. Khan served as Managing Director of Bangladesh Krishi Bank (BKB). Formerly, he also served as Deputy Managing Director of Rupali Bank PLC. With a distinguished career spanning 26 years, Mr. Khan is renowned for his vision, dynamism, commitment, and innovative ideas. His journey in the banking sector began in 1998 when he joined Rupali Bank PLC as Senior Officer.

Steven Marshall

Independent Non-Executive Director (iNED)

A seasoned emerging market banker and ex-United Nations staff member, Steven is currently the Founder and CEO of CircALERT, the first company to digitally capture, AI categorise and auto-distribute emerging market central bank updates.

Masum Billah

CEO & Executive Director

Mr Masum Billah appointed as a CEO & Executive Director on 28th April 2022. He has 25 years of banking experience with a strong focus on risk operations, including technology. He previously worked at Citibank, N A Dhaka, Bangladesh before moving to the UK in 2010. He was regional compliance Head of Trade Business for Citibank U K and Bank of America, UK before joining Habib Bank Zurich PLC London as their COO (SMF 24) and Executive Director (SMF 3) to the Board He also led the rolling out of Islamic Banking window for Habib Bank UK. Mr Billah has knowledge and experience of UK local laws, rules, and regulations.