Everest Bank Limited Launches Real-Time Nepal–India Cross-Border Digital Remittance Service
Summary
Everest Bank Limited has launched a real-time digital remittance service allowing instant money transfers between Nepal and India via its mobile banking app, enhancing speed and convenience for users in both countries.
Key Points
- Everest Bank Limited has introduced a real-time cross-border remittance service between Nepal and India.
- The service allows instant money transfers using mobile number, Virtual Payment Address, or India’s UPI system.
- Indian citizens working in Nepal can send up to INR 15,000 daily and INR 100,000 monthly to India.
- Users in India can remit up to INR 200,000 daily to Nepal with no monthly limit.
