Nepalis can now send remittances via digital wallets

Khabarhub

September 21, 2020

< 1 MIN READ

Nepalis can now send remittances via digital wallets

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KATHMANDU: Nepalis working in abroad now can send remittances through digital wallets.

Nepal Rastra Bank (NRB) has directed the remittance companies to start the service in association with the digital wallet operators.

With the directive from NRB, Nepalis living abroad will now be able to send remittances directly through digital payment.

After the implementation of this provision, Nepalis living abroad will not have to physically attend a bank or remittance company to send the money.

Mobile banking, internet banking, electronic card, digital wallet etc. can be used to send money to Nepal.

However, NRB has set some provisions in addition to the previous conditions of Nepal Rastra Bank Remittance Regulations, 2067 BS.

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