- UAE Exchange joins hands with Bank of Kathmandu for FLASHremit
- Second country to have the facility
Customers from Nepal can now experience the convenience of real time credit into their loved ones’ bank accounts back home. UAE Exchange, in association with Bank of Kathmandu, launched FLASHremit, the real time account credit service, in Nepal.
Now money, sent from any part of the world, will reach the
beneficiary’s bank account in Nepal, real time.
This service will be available round the clock including bank holidays. Once the account gets credit with the amount, both the sender and the receiver will get an SMS notification on their respective mobile phones.
Nepal happens to be the second country, apart from India, to have this facility. In India, South Indian Bank and Federal Bank have partnered with UAE Exchange to bring this convenience to the customers of the sub-continent. Efforts are on to partner more banks and extend this fast and safe service to more countries in the near future.