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Nepal
| Type | Description |
|---|---|
| Direct to Bank Method |
Direct credit to bank account or finance companies in Nepal Rupee (NPR)
Sender type - Individual Beneficiary type – Individual and Corporate (Only support certain bank for the Corporate account) |
| Transaction Turnaround Time |
Real-time: 24x7 (within 15 minutes) for bank
T+0 business day for transaction processed and credited before 12.00pm (Sun-Fri) Nepal timezone, GMT +5.45 T+1 business days for transaction processed and credited after 12.00pm (Sun - Fri) Nepal timezone, GMT +5.45 Transaction final status received T+1 business day Subjected to Singapore office timing and funds being received |
| Area availability | Nepal nationwide |
| Amount received | Beneficiary to be received the payout in the nearest NPR 1.00 |
| Transaction Limit |
Maximum per transaction NPR 1,000,000.00
Minimum per transaction NPR 10.00 Monthly Limit NPR 1,000,000.00 per beneficiary account Compliance accumulated limit NPR 1,000,000.00 per day per beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit |
| Cancellation Process | Cancellation is on the best effort basis |
| Type | Description |
|---|---|
| Cash-out Method | Cash pick up Nepal Rupee (NPR) at any supported outlets |
| Transaction Turnaround Time |
Within 15 minutes
Subjected to Singapore office timing and funds being received |
| Transaction Working Hours | Business hours: Operating hours for all available cash-pickup locations differ, however normal business hours 10am – 5pm Sunday – Friday (Nepal timezone, GMT+5.45) is generally available |
| Area availability | Nepal nationwide |
| Account Verification |
Beneficiary to provide valid photo-bearing ID (Citizenship, Driving License, Passport) and Unique Transaction Number / 11-digit RAD number
Beneficiary phone number may be called to direct to the nearest cash pick up points |
| Amount received | Beneficiary to be received the payout in the nearest NPR1 |
| Transaction Limit |
Maximum per transaction NPR 300,000.00
Minimum per transaction NPR 10.00 Monthly Limit Accumulated NPR 1,000,000.00 Transaction above NPR 100,000;Bank Cheque will be issued to the beneficiary |
| Cancellation Process | Cancellation is on the best effort basis |