Remittance service Agreement between Sanima Bank and VP Inc.; another milestone in bringing in remittance from South Korea

Wed, Feb 13, 2019 12:41 PM on Corporate, Latest,

Sanima Bank has signed an agreement with VP Inc., and started its operation to provide remittance from South Korea. The agreement was signed between Mr. Saroj Guragain, Chief Financial Officer of Sanima Bank and Mr. Joon Kim, Chief Executive Officer of VP Inc.

After the agreement, remittance sent through Sanima Xpress from South Korea can be received from 10,000 plus agent locations all over Nepal. This service also provides account credit facility to Sanima Bank as well as any other Bank Account in Nepal.

The remittance product Sanima Xpress currently offers domestic remittance and international remittance from worldwide including UAE, Malaysia, Qatar, U.K, South Korea and Australia. 

Sanima Bank is providing banking services from 76 full-fledged branches, 1 extension counter and 72 ATM networks in Nepal.