KATHMANDU

Esewa Money Transfer, a remittance company under F1 Soft Group, which has been providing digital remittance services along with traditional counter-based remittance services in Nepal from more than 200 countries across the World, has begun a new remittance partnership with EzRemit- a UK based money transfer product under BFC Bank that offers fast, reliable and cost-effective global money transfer services in minutes.

This partnership is directly beneficial to Nepalese working and staying in more than 40 countries across the World where BFC Bank has expanded its network. Now, People can reach out to over 55,000 agent networks of EzRemit spread over 40 nations to send remittance to Nepal. Since Esewa Money Transfer prioritizes Digital Remittance ever since its inception, the sender can use the services of EzRemit and directly send Money to any bank accounts of the beneficiaries back here in Nepal. The receiver can also ask the sender to load money directly to their eSewa wallet, the first and the largest digital payment gateway in Nepal.

Beside this, the sent money can also be withdrawn by the beneficiary by reaching out to more than 12,000 cash pick-up locations of Esewa Money Transfer and more than 1 Lakh agent networks of eSewa wallet across Nepal. The beneficiaries are also entitled to NRs. 77 bonuses if they receive their cash pick-up directly to their eSewa wallet. The agreement was signed between Ajesh Koirala, CEO of Esewa Money Transfer and Mujahid Malik, CFO and acting CEO of EzRemit. Speaking on the agreement, Mr. Koirala said, “We are happy to start up a remittance partnership with an internationally recognized Remit Company- EzRemit, under BFC Bank. With this partnership, we aim to connect more Nepalese outside Nepal to stay in touch with their family members and friends with quick, cheap, and fast digital remittance services”.

and bank accounts of 60+ different banks, where sending and receiving money is as easy as giving a few taps on a mobile phone. Incorporated in the year 2019 and licensed by Nepal Rastra Bank under foreign exchange regulation, eSewa Money Transfer is a part of F1soft Group that has been empowering more than 11 million population and 100,000 entities across the country through innovative fin-tech based payment services.