Tuesday, May 18, 2010

Remittance




SWIFT Transfer

Through the SWIFT transfer mechanism, we can transfer your fund to virtually anywhere in the world. Likewise we can receive the fund for your account with us from virtually any bank in the world. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication System, which is a reliable communication network speeding up fund transfer and other financial messages. You do not need to have an account with Nabil Bank for fund transfers through SWIFT.

Western Union

Through Western Union, you can receive the fund through thousands and thousands of agents located worldwide. It is the fastest and premium fund transfer system. Once the fund is transferred at the sending end and the recipient knows MTCN (Money Transfer Control Number), sender's name, amount etc, he or she will obtain the fund at any of Nabil's Branches within the shortest possible time by filling up a form and submitting an identity. You do not need to have an account with Nabil Bank.

E-Remittance(Qatar, Doha)

Any of the Nepali workers in Qatar can send the fund to their recipient / beneficiary through E-remittance. This product has been established in a tie-up with Doha Bank, Qatar to facilitate transfer of workers' funds into the country.

Traveler's Check

You can purchase or sell traveler's cheques at Nabil Bank. Instead of carrying cash, a lot of people prefer to carry traveler's cheques for safety reason, while they travel. American Express Traveler's Cheques are available for sale.

Bank Draft

Nabil Bank can draw drafts on a number of its correspondent banks located all over the world. Click the following links for the list of correspondent banks on which Nabil can draw drafts:
· Indian Rupee Draft Arrangement
· Foreign Currency Draft Arrangement

Mail Transfer

When there is no SWIFT transfer or draft arrangement, you may opt for mail transfer. As the name suggests, mail transfer is slow compared to other ways of fund transfer.

Manager's Check

It is a cheque drawn by Nabil bank on itself, especially used for payments made by Nabil Bank. Beneficiary can send the cheque on collection or through clearing or can deposit it in his or her account with Nabil Bank itself.

Anywhere Branch Banking

Nabil Bank uses state-of-art technology, software and hardware to provide the best services to its customers. All the branches are connected through VSAT link or Radio link, so that you can access your account from any of the branches located throughout the kingdom. All the branches of the bank serve you for deposit and withdrawal of cash, balance enquiry, statement, balance certificate etc.

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