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City Express Money Transfer is a Nepal-based remittance service founded in July 2007. [1] [2] [3] The company's headquarters are located in Kathmandu, Nepal.
The new mobile money transfer service to Nepal integrates directly with eSewa, one of the leading digital wallet platforms in Nepal with more than 200,000 registered users.
In 2023, Nepal's inward remittance inflows surged by 15.4% compared to the previous year, reaching a total of over $11 billion. This substantial increase underscores the significant contributions of approximately 3.5 million Nepali expats and migrant workers who remit a substantial portion of their earnings to support families back home.
With respect to the Merger and Acquisition Policy introduced by Nepal Rastra Bank, Himalayan Bank Limited acquired Civil Bank Limited at 100:80.28 swap ratio (A shareholders holding 100 scrips of CBL will get 80.28 scrips of HBL) and commenced the joint operation as “Himalayan Bank Limited” from February 24, 2023.
Electronic money transfers are the fastest and most convenient way to move funds, whether you’re splitting a restaurant bill with friends or sending a birthday gift to a relative.
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