Thursday, July 8, 2021

e-Sewa Money Transfer partners with Shift, UK

Kathmandu, July 7

eSewa Money Transfer, a remittance company of Nepal and a subsidiary of F1soft International, has partnered with Shift Financial Services, a UK-based remit company, to provide remittance services from the UK, Europe, US, Middle East and other 50 countries.

This agreement allows Nepali migrants residing abroad to easily send money back home to Nepal, the company said in a statement on Wednesday.

“With the agreement coming into effect, the sender can credit any bank accounts in Nepal within minutes or instantly load the eSewa wallet of the beneficiaries here directly from their smartphone or web service at the lowest possible cost and in real-time,” read the statement.

Beneficiaries in Nepal also have the option to receive the cash remittance from more than 8,000 payout locations of the company spread across Nepal and also have the option to load the money directly in their eSewa wallet.

Shift has a network with more than 250,000 locations across the globe distributed between banks and exchange offices for cash pickup and payout.

Published in The Rising Nepal daily on 8 July 2021. 

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