Kumari Bank signs Remittance agreement with Bank Al Bilad of Saudi Arabia; to make remittance flow easier and more convenient

Kumari Bank and Bank Al Bilad of Saudi Arabia have entered into a remittance agreement. Following the agreement, ex-pat Nepalese in the gulf state can now disburse the remittance amount back with more ease from all the banking points and outlets to Nepal and remittance thus sent can now be received from all banking points of the bank including its 16K plus remit agents spread across the nation along with bank accounts, as per the media statement.

The agreement was signed between the CEO of the bank Mr. Ramchandra Khanal and head of Bank Al Bilad Mr. Mohamed al Fureha amid a program, as per the media statement.

The bank currently has 197 branches, 181 ATM outlets, 16 extension counters and 44 branchless banking units under its network.