Nepal

Account Channel

Service Specification

Type Description
Cash-out MethodDirect credit to bank account or finance companies in Nepal Rupee (NPR).
Beneficiary account type – individual only and business on Highlighted Bank*
Sender type - Individual
Transaction Turnaround Time· Real-time: 24x7 (within 15 minutes) for bank with +
· T+0 business day for transaction processed and credited before 12.00pm (Sun-Fri) Nepal timezone, GMT +5.45
· T+1 business days for transaction processed and credited after 12.00pm (Sun - Fri) Nepal timezone, GMT +5.45
· Transaction final status received T+1 business day. For e.g. a transaction is processed at 11am GMT +5.5 on Day 1, and transactions is credited on same day (Day 1). However, Tranglo system will only transmit the final status on the following business day (Day 2)
Area availabilityNepal nationwide
Validation / VerificationNo system validation is available
Amount receivedBeneficiary to be received the payout in the nearest NPR1
Transaction LimitMaximum per Transaction NPR 1,000,000.00
Minimum per Transaction NPR 10.00
Monthly Limit NPR 1,000,000.00 per beneficiary account
Compliance accumulated limit NPR 1,000,000.00

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks
Do_Transfer bAccType Value1

Supported Bank

NoNameIssuer Code
1Ace Development Bank Ltd977028
2Agricultural Development Bank +977029
3Janata Bank Nepal Ltd +977058
4Annapurna Bikash Bank977031
5APEX DEVELOPMENT BANK LTD.977001
6Axel Bank977032
7Bageshwori Development Bank Ltd977033
8Bank of Asia Ltd977034
9BANK OF KATHMANDU +977002
10BHRIKUTEE DEVELOPMENT BANK LTD.977013
11Biratlaxmi Bikas Bank Ltd977035
12Bishwa Bikash Bank Limited977036
13Business Universal Development Bank Ltd977037
14Century Commerical Bank Ltd +977038
15CITIZENS BANK INTERNATIONAL LTD. +977018
16CITY DEVELOPMENT BANK LIMITED977022
17Civil Bank Ltd. +977039
18Clean Energy Development Bank Ltd977040
19Commerz and Trust Bank Nepal Ltd.977041
20DEVA BIKAS BANK LIMITED +977004
21Ekata Bikas Bank977042
22Everest Bank Limited * +977043
23Excel Development Bank Ltd +977044
24Federal Bank977045
25Gandaki Bikas Bank Ltd +977046
26Garima Bikas Bank Limited +977047
27Gaurishankar Development Bank Ltd977048
28Global IME Bank Limited +977049
29Grand Bank Nepal Ltd977050
30GREEN DEVELOPMENT BANK +977008
31GUHESHWARI MERCHANT BANKING AND FINANCE LTD.977012
32Gulmi Bikas Bank Limited977051
33H and B Development Bank Limited977052
34Hamro Bikas Bank977053
35Himalayan Bank Limited +977054
36Infrastructure Development Bank Ltd977055
37Innovative Development Bank Ltd977056
38International Development Bank977057
39JHIMRUK BIKAS BANK977015
40Jyoti Bikash Bank +977059
41Kabeli Bikas Bank Ltd977060
42Kailash Bikas Bank Limited +977061
43KAMANA BIKAS BANK +977027
44Kanchan Development Bank Ltd +977062
45Karnali Bikash Bank977063
46KASTHAMANDAP DEVELOPMENT BANK977021
47Kist Bank Ltd.977064
48KUMARI BANK LTD +977024
49Laliguraas Development Bank977065
50Laxmi Bank Limited. +977066
51Lumbini Bank Limited +977067
52Machhapucharre Bank Ltd. +977068
53Mahakali Bikas Bank Ltd977069
54Malika Vikas Bank977070
55Manakamana Development Bank977071
56MANASLU BIKAS BANK977017
57MEGA BANK NEPAL LTD. +977003
58MISSION DEVELOPMENT BANK.977105
59MUKTINATH BIKAS BANK LTD. +977011
60Nabil Bank Limited +977072
61NDEP Development Bank Ltd977073
62Nepal Bangladesh Bank Limited +977074
63Nepal Bank Limited +977075
64Nepal Credit & Commerce Bank Limited +977076
65Nepal CSI Development Bank Limited977077
66Nepal Industrial and Commercial Bank Limited.977078
67Nepal Investment Bank Limited * +977079
68Nepal SBI Bank Limited. *977080
69NIC ASIA BANK LTD +977106
70Nilgiri Bikas Bank Ltd977081
71Nirdhan Uthhan Bank977082
72NMB BANK LIMITED +977026
73Paschimanchal Development Bank Ltd977083
74Pathibhara Bikas Bank Limited977084
75PRABHU BANK LTD. +977019
76Prime Commercial Bank +977085
77Public Development Bank Ltd977086
78PURNIMA BIKASH BANK977108
79Rapti Bheri Development Bank977087
80Rara Bikash Bank977088
81Rastriya Banijya Bank +977089
82RELIABLE DEVELOMENT BANK977016
83Resunga Bikas Bank Limited977090
84Rising Development Bank Ltd977091
85Sahayogi Development Bank Limited977092
86SAJHA BIKAS BANK977109
87SANIMA BANK LTD +977025
88SAPTAKOSHI DEVELOPMENT BANK LTD977020
89Sewa Bikas Bank Ltd977093
90SHANGRILA BIKAS BANK LIMITED +977110
91Shangri-la Development Bank Ltd977094
92SHINE RESUNGA DEVELOPMENT BANK LTD. +977010
93Siddharatha Bank Limited * +977095
94Sindhu Bikas Bank Ltd977096
95Standard Chartered Bank Limited *977097
96Sunrise Bank Limited +977098
97Supreme Development Bank977099
98TINAU BIKAS BANK977111
99TINAU DEVLOPMENT BANK LTD.977005
100TOURISM DEVELOPMENT BANK LTD.977006
101TRIVENI BIKAS BANK LTD.977007
102UNITED FINANCE LTD +977112
103VIBOR BIKAS BANK977023
104Western Development Bank Limited977100
105YETI DEVELOPMENT BANK LTD.977009
106Nepal Community Development Bank Ltd977128
106City Express Finance Company Ltd. +977127
107Shree Investment & Finance Co. Ltd977126
108Best Finance Co. Ltd977125
109Reliance Finance977124
110Miteri Development Bank977123
111Kankai Bikash Bank977122
112VYCCU Saving and Credit Cooperative Ltd.977121
113Central Finance Limited977120
114Pokhara Finance Limited977119
115City Express Saving and Credit Cooperative977118
116ICFC Finance Limited +977117
117Sahayogi Vikas Bank Limited977116
118Sahara Development Bank Limited977115
119Manjushree Finance Limited +977114
120Goodwill Finance Limited977113
121MAHALAXMI BIKAS BANK LTD +977104

Cash Pick-up Channel

Service Specification

TypeDescription
Cash-out MethodCash pickup Nepal Rupee (NPR) at any supported outlets
Transaction Turnaround TimeWithin 15 minutes
Transaction Working HoursBusiness hours: Operating hours for all available cash-pickup locations differ, however normal business hours 10am – 5pm Sunday – Friday (Nepal timezone, GMT+5.45) is generally available.
Area availabilityNepal nationwide
Account VerificationBeneficiary to provide valid photo-bearing ID (Citizenship, Driving License, Passport) and Unique Transaction Number / 11-digit RAD number.
Beneficiary phone number may be called to direct to the nearest cash pickup points.
Amount receivedBeneficiary to be received the payout in the nearest NPR1
Transaction LimitMaximum per Transaction NPR 300,000.00
Minimum per Transaction NPR 10.00
Monthly Limit Accumulated NPR 1,000,000.00
Compliance accumulated limit NPR 1,000,000.00

Transaction above NPR 100,000;Bank Cheque will be issued to the beneficiary.

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is allowed if the payout in not claim.
RemarksUnclaimed Transaction will be expired after 28 Calendar days.
Do_Transfer bAccType Value5

List of Cash Pickup Outlet

NoNameWebsitePayout Code SampleIssuer Code
1Himalayan Bank Ltd / Himal Remithttp://himalayanbank.com/branchG4816252106949CPHM
2City Expresshttps://www.ctxpress.com/AgentsG4016144940335CPCE
3EVEREST BANK LIMITEDhttp://www.everestbankltd.com/branchE2001830210366CPEBL