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NMB Bank, CBL in remittance tie up

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KATHMANDU, Aug 23: NMB Bank and CBL Money Transfer have signed an agreement for providing remittance service all over Nepal from Malaysia through 'Sulav Money Transfer'.



NMB Bank's CEO Upendra Poudyal and Saidur Rehman Faraji, CEO of CBL Money Transfer, signed the agreement recently, according to a press release issued by NMB Bank.


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"Now onwards, people living in Malaysia can send money all over Nepal from CBL Money Transfer through Sulav Remit," the release reads.


"Nepalis living in Malaysia can send money to their homes from any branch of CBL Money Transfer spread across Malaysia. The money thus sent can be withdrawn from NMB Bank or 4,000 of its agents spread across Nepal. It can also be directly deposited in a bank account and sent home safely," it added.

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