IME, Weiz­mann launch Indo-Nepal Remit­tance Ser­vice

People's Review - - NEWS - By Our Re­porter

IME Ltd. and Weiz­mann Im­pex Ser­vice En­ter­prise Ltd to­gether have an­nounced the launch of Indo-Nepal Remit­tance ser­vices. Through this part­ner­ship Nepalese mi­grant work­ers in In­dia can now eas­ily re­mit money to Nepal which will be fa­cil­i­tated by Weiz­mann's 200 Branches and 14,000+ re­tail agent points, across In­dia. This part­ner­ship is in as­so­ci­a­tion with RBL Bank and Global IME Bank Ltd. The re­ceivers in Nepal can re­ceive the amount through more than 6800 agent lo­ca­tions of IME in Nepal. IME will pro­vide ac­count de­posit fa­cil­i­ties to these cus­tomers be­sides cash pay­ment op­tions. Speak­ing on the oc­ca­sion Chan­dra Prasad Dhakal, Ex­ec­u­tive Chair­man of IME Ltd. said “The start of ser­vices be­tween IME and Weiz­mann will open new doors for mi­grant Nepali work­ers in In­dia. Weiz­mann is a lead­ing player in the re­tail for­eign ex­change mar­ket while IME is the largest remit­tance com­pany in Nepal and this new ser­vice will help remit­tance in­flow from In­dia fa­cil­i­tat­ing peo­ple to send money eas­ily to Nepal. We be­lieve that with this money trans­fer ser­vice cor­ri­dor in place, it would be highly ben­e­fi­cial to Nepalese re­sid­ing in In­dia, to send money to their friends and fam­ily in Nepal.” Speak­ing on the oc­ca­sion San­deep Sharma, Busi­ness Head of Weiz­mann Im­pex Ser­vice En­ter­prise Ltd. said, “Weiz­mann is one of the largest com­pa­nies that has helped more than 25 mil­lion cus­tomers to re­ceive monies from their rel­a­tives liv­ing aboard. We are de­lighted to part­ner with IME Ltd in or­der to ex­tend our of­fer­ing to Nepalese work­ing in In­dia, who wish to send money to their rel­a­tives liv­ing in Nepal. IME's reach in Nepal and our pres­ence in In­dia cou­pled with best in class tech­nol­ogy will surely add ease to the lives of close to over 5 mil­lion Nepalese liv­ing in In­dia and their rel­a­tives back home. Remit­ting money is so easy that the cus­tomer can sim­ply visit any of our 14000+ JaldiCash en­abled stores across In­dia. This tie-up will open new doors to fa­cil­i­tate smooth trans­fer of money from In­dia to Nepal.” Su­jatha Mo­han, Head - Digital and New Ini­tia­tives, RBL Bank, said: “RBL Bank is a pioneer in emerg­ing tech­nolo­gies in the bank­ing space, and we are at the fore­front of the digital rev­o­lu­tion sweep­ing the In­dian bank­ing and fi­nan­cial sec­tor. Our part­ner­ship with IME and Weiz­mann Im­pex Ser­vice En­ter­prise will en­able fi­nan­cial trans­ac­tions by us­ing the lat­est pay­ment re­lated tech­nolo­gies. This will en­hance busi­ness op­er­a­tions and pro­vide im­proved cus­tomer ex­pe­ri­ence. We are con­fi­dent that bridg­ing trans­ac­tional gaps be­tween Nepalese work­ers in In­dia and their fam­i­lies back home will make re­mit­tances con­ve­nient and ef­fi­cient for a large num­ber of Nepalese peo­ple liv­ing in our coun­try.”

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