Kathmandu : Neo Money Transfer, a prominent remittance company in Nepal, has announced a strategic partnership with JRF Remit, a leading money transfer service in Japan and Korea. Nepalis in Japan and Korea can now send money using the JRF online service.

This collaboration is set to provide a seamless, secure, and fast way for Nepalis living abroad to send money home to their families. By combining JRF Remit’s strong presence with Neo Money Transfer’s extensive local network, the partnership aims to offer a reliable and efficient remittance experience.

The collaboration is a significant step toward promoting formal remittance channels, which are essential for the safety and security of financial transactions. Mr. Sagar Khanal, CEO of Neo Money Transfer, highlighted the importance of the partnership, stating, “This is a major step forward in our mission to provide reliable financial services to our customers.” The synergy between JRF Remit’s advanced technology and Neo Money Transfer’s strong local presence is expected to streamline the process, ensuring funds are delivered quickly and reliably.

This new service provides a variety of convenient payout options for recipients in Nepal, including bank deposits, wallet credits, and cash pickup from a widespread network of agent locations. The partnership reflects a shared commitment to making the remittance process as smooth as possible for both the sender and the recipient, fostering greater financial inclusion and supporting economic growth within Nepal.