Siddhartha launches branchless banking service

KATHMANDU, DEC 26: 

Siddhartha Bank has launched branchless banking service in Chaumala Bazaar of Kailali district. The service was launched amidst a program attended by Dr Khem Raj Bhetwal, manager of Nepal Rastra Bank Dhangadi branch, and Tej Raj Timilsina, Dhangadi branch chief of Siddhartha Bank. The bank is planning to introduce the service, which allows customers to deposit and withdraw money using a swipe machine, in other far-western parts of the country, says a bank statement. The service also allows customers to receive remittance sent from India and other countries, adds the statement.

Source: Republica