Neo Money Transfer partners with Al-Ektasad United Exchange

KATHMANDU, AUGUST 13: Neo Money Transfer has lately partnered with Al-Ektasad United Exchange Co. W.L.L. to launch a new remittance corridor from Kuwait to Nepal. This partnership aims to enhance the convenience and security of money transfers for Nepalese living in Kuwait.

With this collaboration, Nepalese expatriates can now use any of Al-Ektasad’s 12 branches in Kuwait to send money to Nepal efficiently. Transfers, including bank transactions and wallet credits, are processed instantly through Neo Money Transfer’s system. For cash pickups, beneficiaries can collect their funds from Neo Money Transfer agents throughout Nepal.

Sagar Khanal, CEO and co-founder of Neo Money Transfer expressed excitement about the partnership, emphasizing the commitment to providing low fees and competitive rates. "This new service is designed to support Nepalese expatriates in Kuwait, making it easier for them to assist their families back home."