15 July 2026 | Wednesday | News
Picture Courtesy | Public Domain
EFICYENT, a global cross-border payments and financial infrastructure platform, has announced a partnership with IME Limited, one of Nepal's most trusted and established remittance companies, to strengthen international money transfers to Nepal. The partnership was formalized through the signing of a Memorandum of Understanding (MoU) on 29 June 2026 at EFICYENT's UAE office
The partnership enables customers and partners across EFICYENT's global network to send money directly to recipients in Nepal through bank account transfers and digital wallet payouts, expanding EFICYENT's reach into one of South Asia's most important remittance markets.
Under the partnership, EFICYENT will provide payout capabilities across Nepal through direct bank account deposits and digital wallet transfers. Both bank account and wallet transactions are credited in real time, providing recipients with faster and more convenient access to funds.
"This partnership reflects our commitment to building fast, reliable payout corridors for the communities that depend on remittances most. Working with IME allows us to bring real-time settlement to Nepal at a scale that truly serves the Nepali diaspora while strengthening our local payment network to enable faster and more efficient cross-border payment services."
Fintech Business Asia, a business of FinTech Business Review
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