NMB signs agreement

KATHMANDU, APR 04:

NMB Bank and Sharaf Exchange Co LLC have signed a pact for acquiring inbound remittance from UAE. As per MoU, Nepali migrant workers in UAE can send remittance through NMB Bank’s Sulav Remit. The agreement was signed by CEO of Sharaf Exchange Gopal Krishan Sharma, Dubai and CEO of NMB Bank Upendra Poudel. Remitters from UAE can now directly send money back home to Nepal by Cash Transfer and Direct Account Credit facility to NMB Bank and other financial institutions of Nepal through Sharaf Exchange’s wide network base of 14 branches across the UAE. Additionally, Nepalis residing in the UAE can open remittance savings account with NMB Bank.

Source: THT