Global IME Bank partners with Gulf Exchange to enhance remittance services for Nepali migrants in Qatar

KATHMANDU: Global IME Bank has entered into a strategic partnership with Gulf Exchange Company WLL, based in Qatar, to facilitate seamless remittance services for Nepali migrants residing in Qatar. The agreement aims to provide an efficient and convenient channel for transferring money from Qatar to Nepal.

Under the agreement, Nepali migrants can send remittances through any of the 17 branches of Gulf Exchange Company WLL in Qatar. Additionally, the remittances can also be sent using the Gulf Exchange Company WLL's Remittance App, making the process more accessible and user-friendly.

The remitted funds can be collected from all branches of Global IME Bank across Nepal. Furthermore, the partnership extends the reach of remittance services through over 50,000 agents of IME and GME Remit throughout the country. This wide network ensures that recipients, even in remote areas, can easily access the remitted funds.

Nepalis residing in Qatar also have the option to send remittances directly to their own or their family members' bank accounts in Nepal, offering greater convenience and security.

Global IME Bank is the first private sector bank in Nepal to establish a branch network in all 77 districts of the country. The bank operates over 1,100 service centres, including 354 branch offices, 384 ATMs, 277 branchless banking services, 68 extension and revenue collection counters, and three foreign representative offices.

In addition to providing comprehensive banking services to Nepali citizens, Global IME Bank offers extensive remittance services from various countries worldwide. The bank facilitates remittances from the United States, the United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, UAE, Bahrain, Kuwait, India, Jordan, and other countries, ensuring that the Nepali diaspora can easily support their families back home.

This new agreement with Gulf Exchange Company WLL marks a significant step in enhancing the remittance services for Nepali migrants in Qatar, providing them with reliable, efficient, and accessible options for sending money to Nepal.