Neo Money Transfer partners with UK based MoneyTo Ltd enabling remittance service from UK to Nepal

KATHMANDU: Neo Money Transfer is pleased to announce its strategic partnership with MoneyTo Limited, enhancing the ability of Nepalese residents in the United Kingdom to send funds to their loved ones with greater convenience and security.

As a rapidly expanding enterprise, Neo Money Transfer specializes in remittance and payment services tailored to the global Nepalese community.

The company is dedicated to facilitating secure, cost-effective transactions worldwide, with an unwavering commitment to customer satisfaction and financial empowerment.

The United Kingdom has become a prominent destination for Nepalese individuals seeking employment and educational opportunities abroad.

Currently, more than 150,000 Nepalese reside in the UK, working or studying to support their families back home.

With this new collaboration, Nepalese in the United Kingdom can now utilize MoneyTo’s website portal and mobile application to transfer funds to Nepal swiftly and efficiently.

Transactions, whether to bank accounts or digital wallets, are instantly credited to the recipient through Neo Money Transfer’s robust system.

For cash pickup transactions, beneficiaries can conveniently collect their funds through Neo Money Transfer’s extensive network of agents across Nepal. This partnership aims to provide a seamless experience for Nepalese in the United Kingdom, enabling them to support their families and contribute to their well-being with ease.

“We are delighted to announce our partnership with MoneyTo Limited,” stated Sagar Khanal, CEO and Co-founder of Neo Money Transfer. “This collaboration, coupled with our low fees and competitive rates, aligns with our vision of reducing the cost of money transfers, which is crucial in recognizing the sentiments of Nepalese expatriates who are supporting their loved ones at home.”