Mega Bank Nepal joins REMIIT Network

Team REMIIT
REMIIT
Published in
1 min readMar 29, 2019

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Mega Bank Nepal Limited is Nepal’s renowned commercial bank with 102 branches and more than 8000 anywhere instant cash payout locations. The bank is under the guidance of Nepal’s reputed personnel and professional management team having extensive experience with proven track record in the banking industry.

Mega Bank Nepal Limited has been offering a wide range of products and services tailored with latest technology to meet all type of customer/client. The bank have a broad network covering all major cities, towns and villages of the country. Mega Bank Nepal Limited has in house remittance product known as Mega Remit, which is itself recognize in Nepalese remittance market.

REMIIT plans to actively pursue the South Asian remittance market through its collaboration with Mega Bank Nepal. When the REMIIT’s remittance platform is launched, under this partnership, Mega Bank Nepal will handle remittances from the platform.

REMIIT officials said, “This MOU with Mega Bank Nepal is a first partnership with a bank. We will closely cooperate with Mega Bank Nepal to attract the remittance market in South Asia. We will continue to strengthen the infrastructure within the REMIIT remittance platform by exploring various banks and remittance companies.”

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Team REMIIT
REMIIT
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Remiit is a decentralized remittance and payment platform that aims to act as a catalyst of globalization through the blockchain.