Esewa Money Transfer partners with Rastriya Banijya Bank to provide Remittance service

Esewa Money Transfer, a remittance company under F1 Soft Group, which has been providing remittance services to Nepal from more than 200 countries across the World by prioritizing digital Remittance, has entered into an agreement with one of Nepal’s pioneer commercial banks, Rastriya Banijya Bank Ltd. to offer remittance services in Nepal.

With this agreement, cash remittances sent through Esewa Money Transfer from abroad can now be quickly received from Rastriya Banijya Bank's 256 branches, 98 branchless banking and 34 extension counters across the country. Also, internal remittances sent through any RBB branches can be easily received from 10,000+ cash receiving counters of Esewa Money Transfer across Nepal.

Also, very soon, once live, using “RBB Smart”, the mobile application of RBB, the account holders of Rastriya Banijya Bank Ltd. can receive cash remittances sent from home and abroad through the medium of Esewa Money Transfer, directly into their bank accounts. In addition, RBB account holders can also send internal remittances throughout the country using Esewa Money Transfer’ remittance service when available in the “RBB smart” app.

This agreement was signed between Mr. Ajesh Koirala, Chief Executive Officer of Esewa Money Transfer and Kaviraj Adhikari, Deputy Chief Executive Officer of Rastriya Banijya Bank Ltd.

Esewa Money Transfer is one of the fastest-growing remittance companies in Nepal that offers a blended model of world-class remittance services to Nepalese around the world. Our service offerings are comprised of traditional agent-based remittance services with 8,000+ strong agent networks coupled with a host of non-traditional, digital modes of transfers with access to 5 million+ eSewa mobile wallet users and bank accounts of 54 different banks, where sending and receiving money is as easy as giving a few taps on a mobile phone. Incorporated in the year 2019 and licensed by Nepal Rastra Bank under foreign exchange regulation, eSewa Money Transfer is a part of F1soft Group that has been empowering more than 11 million population and 100,000 entities across the country through innovative fintech based payment services.

Rastriya Banijya Bank Limited (RBBL) has been serving its nationwide customers for more than half a century. The Bank, which was wholly owned by the Government of Nepal was established on 10 Magh, 2022, was again re-registered as a Public Limited Company on 6 April 2063 and is currently operating as a “A” Class Licensed Financial Institution from Nepal Rastra Bank. As of now, Rastriya Banijya Bank stands as one of the most preferred Bank in Nepal with the highest number of customers across all the 77 districts and 7 provinces of the country.