Kathmandu, Aug. 17
Nepal’s Neo
Money Transfer has announced a strategic partnership with JRF Remit, a leading
money transfer service in Japan and Korea. Nepalis in Japan and Korea can now
send money using the JRF online service.
The company
stated on Sunday that this collaboration is designed to provide a seamless,
secure, and fast way for Nepalis living abroad to send money home to their
families.
By combining
JRF Remit's strong presence with Neo's extensive local network, the partnership
aims to offer a reliable and efficient remittance experience.
The
collaboration represents a significant step toward promoting formal remittance
channels, which are crucial for ensuring the safety and security of financial
transactions. "This is a major step forward in our mission to provide
reliable financial services to our customers. The synergy between JRF Remit's
advanced technology and Neo’s strong local presence is expected to streamline
the process, ensuring funds are delivered quickly and reliably,” said Sagar
Khanal, CEO of Neo.
This new
service provides a variety of convenient payout options for recipients in
Nepal, including bank deposits, wallet credits, and cash pickup from a
widespread network of agent locations.
Published in The Rising Nepal daily on 18 August 2025.
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