Neo Money Transfer partners with Al-Ektasad United Exchange

KATHMANDU: Neo Money Transfer is pleased to announce a new partnership with Al-Ektasad United Exchange Co. W.L.L., enhancing the convenience and security of remittance services for Nepalese residing in Kuwait.

Neo Money Transfer, a rapidly expanding company dedicated to providing remittance and payment services to Nepalese globally, is committed to ensuring secure, affordable transfers with a strong emphasis on customer satisfaction and financial empowerment.

Kuwait has become a prominent destination for Nepalese seeking employment opportunities, with thousands of Nepalese currently residing in the country. These individuals play a crucial role in supporting their families back home through remittances.

Thanks to this partnership, Nepalese in Kuwait can now utilize any of Al-Ektasad’s 12 branches across various cities to transfer funds to Nepal quickly and efficiently.

Transactions, whether bank transfers or wallet credits, are processed instantaneously through Neo Money Transfer’s robust system. For cash pickups, beneficiaries can conveniently collect their payments through Neo Money Transfer agents located throughout Nepal.

This partnership is designed to provide a seamless experience for Nepalese in Kuwait, enabling them to support their families and contribute to their well-being without any hassle.

“We are thrilled to announce our new partnership with Al-Ektasad,” said Sagar Khanal, CEO and co-founder of Neo Money Transfer. “This collaboration, coupled with our commitment to offering the lowest fees and competitive rates, aligns with our vision of reducing the cost of money transfers—a significant factor in acknowledging the sentiments of Nepalese expatriates who are supporting their loved ones back home.”