Native name | सिटी एक्सप्रेस मनि ट्रान्सफर |
---|---|
Company type | Private |
Industry | Financial services |
Founded | 11 July 2007 |
Headquarters | Kathmandu, Nepal |
Area served | Worldwide |
Key people | Chandra Tandan (Managing Director) |
Services | Money transfer, Remittance |
Website |
www |
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. [4] [5] [6] [7] [8] It has been licensed by the Central Bank of Nepal, Nepal Rastra Bank to operate money transfer service in Nepal [9] [10] There are more than 7000 City Express authorized payout locations all over Nepal. [11] [12] Branches of City Express are also located in areas such as the Middle East, Malaysia, Korea, Japan, Australia, US and UK. [13] [14] [15] [16] [17] [18] [19] [20] [21] The company is a member of the Nepal Remitters Association. [22] It is also one of six institutions permitted to accept payment of Nepal Electricity Authority bills. [23]
An important factor in reducing poverty, remittance income was almost equal to the Nepal national budget in 2014. [24] Malaysia, the US and the Gulf region are the top locations for Nepali workers abroad who remit earnings home. [25]
Native name | सिटी एक्सप्रेस मनि ट्रान्सफर |
---|---|
Company type | Private |
Industry | Financial services |
Founded | 11 July 2007 |
Headquarters | Kathmandu, Nepal |
Area served | Worldwide |
Key people | Chandra Tandan (Managing Director) |
Services | Money transfer, Remittance |
Website |
www |
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. [4] [5] [6] [7] [8] It has been licensed by the Central Bank of Nepal, Nepal Rastra Bank to operate money transfer service in Nepal [9] [10] There are more than 7000 City Express authorized payout locations all over Nepal. [11] [12] Branches of City Express are also located in areas such as the Middle East, Malaysia, Korea, Japan, Australia, US and UK. [13] [14] [15] [16] [17] [18] [19] [20] [21] The company is a member of the Nepal Remitters Association. [22] It is also one of six institutions permitted to accept payment of Nepal Electricity Authority bills. [23]
An important factor in reducing poverty, remittance income was almost equal to the Nepal national budget in 2014. [24] Malaysia, the US and the Gulf region are the top locations for Nepali workers abroad who remit earnings home. [25]