March 13: Rastriya Banijya Bank has signed an agreement with Nepal Remit International, enabling migrant workers from different countries to transfer remittances through the bank to their families, friends and loved ones in Nepal. 

Rastriya Banijya Bank’s Chief Executive Officer(CEO) Kiran Kumar Shrestha and Remit’s Chief Executive Officer(CEO) Sagar Khanal signed memorandum of the understanding on Friday. 

Following the agreement, remittance sent by the migrant workers  through the Rastriya Banijya Bank’s channel will be paid to their families, relatives, and concerned individuals from Banijya Bank’s branches in Nepal. 

Officials at the bank say that the agreement will help earn foreign currency in the country. The  Bank’s Deputy CEO Saraswoti Adhikari, other high-level officials and Remit’s Deputy General Manager Dev Bahadur Thapa were present on the occasion. 

Rastriya Banijya Bank has been serving customers through 265 branches, 46 extension counters, 269 ATMs and 99 branchless banking units across the country.