Nepal

Bank account

Service specification

Type Description
Direct to Bank methodDirect credit to bank account or finance companies in Nepal Rupee (NPR).
Beneficiary account type – individual and business
Sender type - individual
Transaction Turnaround Time· 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 20.00
Daily Limit NPR 2,000,000.00
Compliance accumulated limit NPR 6,000,000.00 per day per beneficiary
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.
RemarksDomestic Transfers are not supported.
Sender Country cannot be Nepal
Sender Address cannot be Nepal address
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1GREEN DEVELOPMENT BANK977008
2SHINE RESUNGA DEVELOPMENT BANK LTD.977010
3MUKTINATH BIKAS BANK LTD.977011
4GUHESHWARI MERCHANT BANKING AND FINANCE LTD.977012
5CITIZENS BANK INTERNATIONAL LTD.977018
6PRABHU BANK LTD.977019
7SAPTAKOSHI DEVELOPMENT BANK LTD977020
8KUMARI BANK LTD977024
9SANIMA BANK LTD977025
10NMB BANK LIMITED977026
11Kamana Sewa Bikas Bank977027
12Agricultural Development Bank977029
13Civil Bank Ltd.977039
14Everest Bank Limited977043
15Excel Development Bank Ltd977044
16Federal Bank977045
17Garima Bikas Bank Limited977047
18Global IME Bank Limited977049
19Himalayan Bank Limited977054
20Jyoti Bikash Bank977059
21Karnali Bikash Bank977063
22Laxmi Sunrise Bank Ltd977066
23Lumbini Bank Limited977067
24Machhapucharre Bank Ltd.977068
25Nabil Bank Limited977072
26Nepal Bank Limited977075
27Nepal Industrial and Commercial Bank Limited.977078
28Nepal Investment Mega Bank Limited977079
29Nepal SBI Bank Limited.977080
30Prime Commercial Bank977085
31Rastriya Banijya Bank977089
32Shangri-la Development Bank Ltd977094
33Siddharatha Bank Limited977095
34Sindhu Bikas Bank Ltd977096
35Standard Chartered Bank Limited977097
36GURKHAS FINANCE LTD977103
37MAHALAXMI BIKAS BANK LTD977104
38NIC ASIA BANK LTD977106
39Goodwill Finance Limited977113
40Manjushree Finance Limited977114
41Sahara Development Bank Limited977115
42ICFC Finance Limited977117
43City Express Saving and Credit Cooperative977118
44Pokhara Finance Limited977119
45Central Finance Limited977120
46VYCCU Saving and Credit Cooperative Ltd.977121
47Miteri Development Bank977123
48Reliance Finance977124
49Best Finance Co. Ltd977125
50Shree Investment & Finance Co. Ltd977126
51Corporate Development Bank Ltd.977129
52Janaki Finance Company Ltd.977130
53Lalitpur Finance Co Ltd.977131
54Nepal Finance Ltd.977132
55Progressive Finance Co Ltd.977133
56Samriddhi Finance Company Ltd.977134
57Srijana Finance Ltd.977135
58Nepal Infrastucture Bank Ltd.977136
59Sagarmatha Finance Ltd977138
60Salapa Bikas Bank Ltd977139
61Subhechha Bikash Bank Ltd977140
62Multipurpose Finance Company Ltd977141
63Narayani Development Bank977142
64Sunrise Bank Limited977098

Real time transfer

Service specification

TypeDescription
Direct to bank methodDirect credit to bank account in Nepal Rupee (NPR)
Beneficiary account type - individual and business
Sender type - individual only
Transaction turnaround timeReal-time: 24x7 (within 15 minutes)
Area availabilityNepal nationwide
Validation/VerificationNo system validation is available
Amount receivedBeneficiary to be received the payout in the nearest NPR 1.
Transaction limitMaximum per Transaction NPR 1,000,000.00
Minimum per Transaction NPR 20.00
Compliance accumulated limit NPR 6,000,000.00 per day per beneficiary
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.
RemarksDomestic transfers are not supported.
Sender Country cannot be Nepal
Sender address cannot be Nepal address.
Do_Transfer bAccType Value10

Supported bank

NoNameIssuer Code
1GREEN DEVELOPMENT BANK LTD977008
2SHINE RESUNGA DEVELOPMENT BANK LTD977010
3MUKTINATH BIKASH BANK LTD977011
4GUHESHWORI MERCHANT BANKING AND FINANCE LTD977012
5CITIZEN BANK INTERNATIONAL LTD977018
6PRABHU BANK LIMITED977019
7SAPTAKOSHI DEVELOPMENT BANK LTD977020
8KUMARI BANK LTD977024
9SANIMA BANK LIMITED977025
10NMB BANK LTD977026
11KAMANA SEWA BIKASH BANK LTD977027
12AGRICULTURAL DEVELOPMENT BANK LTD977029
13CIVIL BANK LTD977039
14EVEREST BANK LIMITED 977043
15EXCEL DEVELOPMENT BANK LTD977044
16GARIMA BIKAS BANK LTD977047
17GLOBAL IME BANK LIMITED 977049
18HIMALAYAN BANK LTD977054
19JYOTI BIKASH BANK LTD977059
20KARNALI DEVELOPMENT BANK977063
21LAXMI SUNRISE BANK LIMITED977066
22LUMBINI BIKASH BANK LTD977067
23MACHHAPUCHCHHRE BANK LTD 977068
24NABIL BANK LTD977072
25NEPAL BANK LIMITED977075
26NEPAL INVESTMENT MEGA BANK LTD977079
27NEPAL SBI BANK LTD977080
28PRIME COMMERCIAL BANK LIMITED977085
29RASTRIYA BANIJYA BANK977089
30SHANGRILA DEVELOPMENT BANK LTD977094
31SIDDHARTHA BANK LTD977095
32STANDARD CHARTERED BANK LTD977097
33GURKHAS FINANCE LIMITED 977103
34MAHALAXMI BIKASH BANK LIMITED977104
35NIC ASIA BANK LIMITED977106
36GOODWILL FINANCE LIMITED977113
37MANJUSHREE FINANCE LIMITED977114
38ICFC FINANCE LIMITED977117
39POKHARA FINANCE LIMITED 977119
40CENTRAL FINANCE LIMITED 977120
41MITERI DEVELOPMENT BANK LTD977123
42BEST FINANCE COMPANY LTD977125
43CORPORATE DEVELOPMENT BANK LTD977129
44JANAKI FINANCE COMPANY LTD977130
45LALITPUR FINANCE CO LTD977131
46NEPAL FINANCE LIMITED977132
47PROGRESSIVE FINANCE CO LTD977133
48SAMRIDDHI FINANCE COMPANY LTD977134
49SRIJANA FINANCE LTD977135