MBL Partners with Smart Pay Services to Simplify Remittances from Europe

Tue, Dec 30, 2025 1:02 PM on Latest, Corporate,

Machhapuchchhre Bank Limited (MBL) has partnered with SPSPI Smart Pay Services (Cyprus) Ltd to facilitate easier, faster, and more reliable remittances from Cyprus, Greece, Portugal, and other European countries to Nepal.

Under this agreement, Nepalese abroad can send money via Smart Pay’s mobile apps, online services, or cash, with payouts available at MBL’s 165 branches, branchless banking outlets, extension counters, and over 20,000 locations nationwide.

The service also allows instant transfers to any Nepali bank account, strengthening MBL’s commitment to accessible and technologically advanced banking for over 1.8 million customers.