Everest Bank Limited (EBL) has entered into the agreement with Best Remit for delivering of remittance payment received through Everest Remit. Currently the bank is providing the remittance services through its’ own web based online remittance product “Everest Remit”.
Presently, this remittance facility is available to the Nepalese who are working in UAE, Qatar, Bahrain, Oman, Malaysia, UK, USA, Japan and Korea. This facility will be extended to other corridors too in due course. In order to facilitate inward remittance and foreign trade, bank has tied up with various foreign banks/agencies in different countries.
Likewise, agreements for instant money transfer have been entered with EZ Remit, Xpress Money Transfer, MoneyGram, Western Union Money Transfer and Cash Express. These arrangements have facilitated the Bank for inward remittance from worldwide.
According to a press release issued by Prisma Advertising Pvt. Ltd. Associate of Ogilvy & Mather, Bank is receiving remittance from India through its Joint Venture partner Punjab National Bank’s product “INREMIT” (INDO Nepal Remittance). Under this facility customer can instantly remit money from Punjab National Bank (PNB) India to EBL through any branch of PNB or Mobile/Internet Banking Facility of PNB and through Business Correspondent locations of PNB.