Global IME Bank and Instant Cash Partner to Simplify Global Remittances to Nepal

Global IME Bank has signed an agreement with Instant Cash, a global remittance provider, to enhance remittance services for Nepalese citizens worldwide. Licensed by the Central Bank of the UAE, Instant Cash is part of FINTX, the fintech division of 7X, and provides rapid global remittance solutions.

This partnership is set to offer Nepalese individuals an efficient way to send money to Nepal, enabling funds to be deposited directly into Global IME Bank accounts or any bank account in Nepal. Customers can also collect remittances from any Global IME Bank branch or through over 50,000 IME agents across Nepal.

“This collaboration reinforces our commitment to fast, secure, and convenient remittance solutions,” said representatives from Global IME Bank. The bank has earned accolades such as Global Finance’s 2024 Best Bank for Nepal and two Euro Money Excellence Awards for Best Bank in Nepal.

Global IME Bank, the first private sector commercial bank with a presence in all 77 districts of Nepal, operates 354 branch offices, 384 ATMs, and 255 branchless banking locations. It also has international offices in New Delhi, London, and Australia. The bank supports remittances from countries worldwide, including the U.S., Canada, Australia, Japan, and several Middle Eastern nations.

Headquartered in the UAE, Instant Cash operates over 150,000 agent locations globally, offering diverse payment options such as cash pickup, bank transfers, and mobile wallets, underscoring its commitment to accessible financial services worldwide.