Machhapuchchhre Bank Launches Nepal–India Real-Time Cross-Border Transfer via M-Smart App
Summary
Machhapuchchhre Bank has launched a real-time cross-border fund transfer service between Nepal and India using its M-Smart mobile banking app, enabling instant and secure person-to-person money transfers.
Key Points
- Machhapuchchhre Bank Limited has introduced a Nepal–India real-time cross-border fund transfer service.
- The service operates through the MBL M-Smart mobile banking app facilitating instant P2P money transfers.
- Nepali users in India can send money to Nepal using UPI-enabled apps.
- The bank emphasizes security, transparency, regulatory compliance, and plans to expand digital banking services.
