Kathmandu, Aug. 16
Neo Money
Transfer has announced its strategic partnership with MoneyTo Limited,
enhancing the ability of Nepali residents in the United Kingdom to send funds
to their home country with greater convenience and security.
The company said in a statement
that with this new collaboration, Nepalis in the UK can now utilise MoneyTo’s
website portal and mobile application to transfer funds to Nepal swiftly and
efficiently.
Transactions, whether to bank
accounts or digital wallets, are instantly credited to the recipient through
Neo Money Transfer’s system.
"For cash pickup
transactions, beneficiaries can conveniently collect their funds through Neo's
network of agents across Nepal. This partnership aims to provide a seamless
experience for Nepalese in the United Kingdom, enabling them to support their
families and contribute to their well-being with ease," read the
statement.
Neo said that it specialises in
remittance and payment services tailored to the global Nepalese community.
The UK has become a prominent
destination for Nepali people seeking employment and educational opportunities
abroad. Currently, more than 150,000 Nepalis reside in the UK,
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