Prabhu signs pact with Commerz and Trust Bank

KATHMANDU, Aug 28: 

Prabhu Money Transfer and Commerz and Trust Bank have signed an agreement, under which money remitted into the country via Prabhu can be collected from 11 branch offices of Commerz and Trust Bank. The agreement was signed by Rameshwor Sapkota, deputy general manager of Prabhu, and Bibhushan Shrestha, chief operating officer of the bank, says a statement issued by Prabhu Money Transfer. 

Prabhu Money has previously signed similar agreements with Nepal Bank Limited, Rastriya Banijya Bank, Agricultural Development Bank and Kumari Bank. Prabhu Money, for the last 11 years, has been remitting funds from Malaysia, the US, Gulf nations and other countries where Nepalis are employed.

Source: Republica