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. (Highlighted in Bold and Italic in Supported Bank List)
· 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 per day per 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 on best effort basis.
Remarks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1 Ace Development Bank Ltd 977028
2 Agricultural Development Bank 977029
3 Annapurna Bikash Bank 977031
4 APEX DEVELOPMENT BANK LTD. 977001
5 Axel Bank 977032
6 Bageshwori Development Bank Ltd 977033
7 Bank of Asia Ltd 977034
8 BANK OF KATHMANDU 977002
9 Best Finance Co. Ltd 977125
10 Bhargav Bikas Bank Ltd 9771491
11 BHRIKUTEE DEVELOPMENT BANK LTD. 977013
12 Biratlaxmi Bikas Bank Ltd 977035
13 Bishwa Bikash Bank Limited 977036
14 Business Universal Development Bank Ltd 977037
15 Central Finance Limited 977120
16 Century Commerical Bank Ltd 977038
17 CITIZENS BANK INTERNATIONAL LTD. 977018
18 CITY DEVELOPMENT BANK LIMITED 977022
19 City Express Finance Company Ltd. 977127
20 City Express Saving and Credit Cooperative 977118
21 Civil Bank Ltd. 977039
22 Clean Energy Development Bank Ltd 977040
23 Commerz and Trust Bank Nepal Ltd. 977041
24 Ekata Bikas Bank 977042
25 Everest Bank Limited 977043
26 Excel Development Bank Ltd 977044
27 Federal Bank 977045
28 Gandaki Bikas Bank Ltd 977046
29 Garima Bikas Bank Limited 977047
30 Gaurishankar Development Bank Ltd 977048
31 Global IME Bank Limited 977049
32 Goodwill Finance Limited 977113
33 Grand Bank Nepal Ltd 977050
34 GREEN DEVELOPMENT BANK 977008
35 GUHESHWARI MERCHANT BANKING AND FINANCE LTD. 977012
36 Gulmi Bikas Bank Limited 977051
37 H and B Development Bank Limited 977052
38 Hamro Bikas Bank 977053
39 Himalayan Bank Limited 977054
40 ICFC Finance Limited 977117
41 Infrastructure Development Bank Ltd 977055
42 Innovative Development Bank Ltd 977056
43 International Development Bank 977057
44 JHIMRUK BIKAS BANK 977015
45 Jyoti Bikash Bank 977059
46 Kabeli Bikas Bank Ltd 977060
47 Kailash Bikas Bank Limited 977061
48 Kamana Sewa Bikas Bank 977027
49 Kanchan Development Bank Ltd 977062
50 Kankai Bikash Bank 977122
51 Karnali Bikash Bank 977063
52 KASTHAMANDAP DEVELOPMENT BANK 977021
53 Kist Bank Ltd. 977064
54 KUMARI BANK LTD 977024
55 Laliguraas Development Bank 977065
56 Laxmi Bank Limited. 977066
57 Lumbini Bank Limited 977067
58 Machhapucharre Bank Ltd. 977068
59 Mahakali Bikas Bank Ltd 977069
60 MAHALAXMI BIKAS BANK LTD 977104
61 Malika Vikas Bank 977070
62 Manakamana Development Bank 977071
63 Manjushree Finance Limited 977114
64 MANASLU BIKAS BANK 977017
65 MEGA BANK NEPAL LTD. 977003
66 MISSION DEVELOPMENT BANK. 977105
67 Miteri Development Bank 977123
68 MUKTINATH BIKAS BANK LTD. 977011
69 Nabil Bank Limited 977072
70 NDEP Development Bank Ltd 977073
71 Nepal Bangladesh Bank Limited 977074
72 Nepal Bank Limited 977075
73 Nepal Community Development Bank Ltd 977128
74 Nepal Credit & Commerce Bank Limited 977076
75 Nepal CSI Development Bank Limited 977077
76 Nepal Industrial and Commercial Bank Limited. 977078
77 Nepal Investment Bank Limited 977079
78 Nepal SBI Bank Limited. 977080
79 NIC ASIA BANK LTD 977106
80 Nilgiri Bikas Bank Ltd 977081
81 Nirdhan Uthhan Bank 977082
82 NMB BANK LIMITED 977026
83 Paschimanchal Development Bank Ltd 977083
84 Pathibhara Bikas Bank Limited 977084
85 Pokhara Finance Limited 977119
86 PRABHU BANK LTD. 977019
87 Prime Commercial Bank 977085
88 Public Development Bank Ltd 977086
89 PURNIMA BIKASH BANK 977108
90 Rapti Bheri Development Bank 977087
91 Rara Bikash Bank 977088
92 Rastriya Banijya Bank 977089
93 RELIABLE DEVELOMENT BANK 977016
94 Reliance Finance 977124
95 Resunga Bikas Bank Limited 977090
96 Rising Development Bank Ltd 977091
97 Sahara Development Bank Limited 977115
98 Sahayogi Development Bank Limited 977092
99 Sahayogi Vikas Bank Limited 977116
100 SANIMA BANK LTD 977025
101 Shangri-la Development Bank Ltd 977094
102 SHINE RESUNGA DEVELOPMENT BANK LTD. 977010
103 Shree Investment & Finance Co. Ltd 977126
104 Siddharatha Bank Limited 977095
105 SIDDHARTHA DEVELOPMENT BANK LTD. 977014
106 Sindhu Bikas Bank Ltd 977096
107 Standard Chartered Bank Limited 977097
108 Sunrise Bank Limited 977098
109 Supreme Development Bank 977099
110 TINAU DEVLOPMENT BANK LTD. 977005
111 TOURISM DEVELOPMENT BANK LTD. 977006
112 TRIVENI BIKAS BANK LTD. 977007
113 UNITED FINANCE LTD 977112
114 VIBOR BIKAS BANK 977023
115 Western Development Bank Limited 977100
116 VYCCU Saving and Credit Cooperative Ltd. 977121
117 YETI DEVELOPMENT BANK LTD. 977009

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

Transaction above NPR 100,000;Bank Cheque will be issued to the 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 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
4Esewa Money Transferhttps://esewaremit.com/domestic-agentsP402101001234CPESEWA

Electronic wallet

Service specification

TypeDescription
Cash-out MethodDirect credit to E-Wallet in Nepal Rupee (NPR).
Supported Beneficiary type - Individual only.
Supported Sender Type - Individual.
Transaction Turnaround Time· 24x7 within 15 minutes credit to electronic wallet.
Area availabilityNepal nationwide
Validation / Verification · Please make sure the name is correct and match the registered account
· Beneficiary phone number is mandatory (no default value)
Amount receivedBeneficiary received net amount as specified by Sender
Transaction LimitMaximum per Transaction NPR 100,000 for Verified KYC account
Maximum per transaction NPR 5,000 for Unverified KYC account
Minimum per Transaction NPR 100
Compliance accumulated limit NPR 1,000,000.00 per day per 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 on best effort basis.
Remarks
Do_Transfer bAccType Value2

List of e-wallet service

NoNameIssuer Code
1KHALTI EWALLETEWKHALTI