Global IME Bank Limited and Qatar-based Gulf Exchange Company have signed an agreement to facilitate easy remittances between Qatar and Nepal.

Qatar-based Gulf Exchange Company and Global IME Bank Limited have reached an agreement to make it easier to transmit money from Qatar to Nepal.

As per the agreement, Nepalis employed in Qatar can easily remit money to their home country through Global Remit through Gulf Exchange's remittance app and 17 Gulf Exchange branches.

In this manner, money sent via Global Remit can be remitted from any of the Global IME Bank branch offices as well as from over 50,000 IME Limited and GME Remit agents located throughout Nepal. Additionally, under the terms of this agreement, Nepalis living in Qatar will have no trouble sending money back to their family's bank accounts in Nepal, including Global IME Bank and other banks and financial institutions.

 The nation's first private sector bank, Global IME Bank, with branches spread over 77 districts. With 354 branch offices, 384 ATMs, 277 branchless banking services, 68 extension and revenue collection counters, and 3 international representative offices, the bank has more than 1,100 service centers.

Apart from offering financial services to its Nepali clientele, the bank has also set up capabilities to accept remittances from other nations. Remittances from the US, UK, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and other nations have been coming into the bank.