Remit saving account has been designed to solicit deposit accounts of the Nepalese working abroad.
Last Updated Date: May 17, 2022
With the vision to become a Leading Commercial Bank with Pan Nepal presence and become a household name by providing a wide range of financial products and services under one roof, the A Class Commercial Bank “Everest Bank Limited (EBL)” was Founded in 1994. This Bank has been one of the leading banks of the country and has been catering its services to various segments of the society and has been servicing more than 7.5 lacs customers. The mission of this Bank is “Growth through Banking for ALL” and this Bank has helped to develop the nation corporately, agriculturally & industrially. Owing to its performance during the year 2012-13, the Bank earned many laurels & accolades in recognition of its service & overall performance. Recently,EBL was awarded with “IDRBT Banking Technology Excellence Award” under Customer Management & Intelligence Initiatives. The Bank also bagged the “Golden Peacock Business Excellence Award 2013” by the Institute of Directors. Similarly, the Bank was recognized as ‘Best Public Sector Bank‘ by CNBC TV 18. The bank has now more than 7,000 branches and 8,500 ATMs spread all across India. As a joint-venture partner,EBL has been providing top management support to EBL under Technical Service Agreement. The bank has 95 Branches, 123 ATM Counters, 31 Revenue Collection Counters and 3 Extension Counters across the country.
Document required for Remit Saving Account
A remittance is a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called a remittance. However, the term is most often used nowadays to describe a sum of money sent by someone working abroad to his or her family back home.Most remittances are made by foreign workers to family members in their home countries. The most common way of making a remittance is by using an electronic payment system through a bank or a money transfer service such as Western Union. People who use these options are generally charged a fee. Transfers can take as little as ten minutes to reach the recipient.Remit saving deposit is for those people who are engaged in foreign employment and their family members. This ensures remittance comes through the direct banking channel of saving account.A remittance is a transfer of funds. A cash remittance is when the sender deposits cash instead of using a debit or credit card, cheque, or direct bank transfer to remit. A cash remittance requires the sender to provide their information such as full name, local address, the purpose of the remit.
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