Kathmandu, Nov. 3: Machhapuchhre
Bank Limited has signed a remittance agreement with the Industrial Bank of
Korea (IBK).
The agreement
facilitates the Nepali workers in South Korea to send money to their families
in Nepal through the IBK branches in Korea to MBL in Nepal.
The bank in a press
statement issued on Friday said that the money could be sent to MBL’s 62
branches, four extension counters and six branchless banking counters across
the country.
IBK Chief Deputy
General Manager (DGM) Wu Dong Ho and MBL DGM Santosh Koirala signed the
agreement on behalf of their respective organisations.
Nepali Ambassador to
South Korea Arjun Jung Bahadur Singh inaugurated the service amidst a
ceremony.
The MBL has provided
facility to Nepali migrant workers in Korea to open their account in the bank
here from Korea in real time.
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