EFICYENT and IME Limited Partner to Establish Payment Corridor to Nepal

EFICYENT and IME Limited Announce Strategic Partnership

On July 17, 2026, in a significant move toward enhancing digital financial services in Nepal, EFICYENT, a global cross-border payment platform, entered into a strategic alliance with IME Limited, one of Nepal's most prominent remittance companies. This partnership aims to streamline the process for individuals sending money to Nepal from any location within EFICYENT's expansive global network.

The collaboration was officially formalized through the signing of a Memorandum of Understanding on June 29, 2026, at EFICYENT's headquarters in Dubai, UAE. Under this agreement, customers and partners connected to EFICYENT will be able to seamlessly transfer funds to Nepal by depositing money directly into bank accounts or digital wallets, thus expanding the capabilities of EFICYENT into one of South Asia's crucial remittance markets.

Real-Time Transactions

A notable feature of this alliance is the provision of real-time credit to recipients. Both bank transfers and digital wallet payments will be credited instantly, allowing recipients in Nepal to access their funds promptly and with ease. This immediate settlement addresses the pressing need for efficient remittance solutions, particularly for communities heavily relying on such financial services.

Aravinth Ramesh, Chief Technology Officer of EFICYENT, shared insights into the collaboration: "This partnership underscores our commitment to creating fast and reliable payment channels for communities that depend significantly on remittances. Working with IME enables us to bring real-time settlement capabilities to Nepal at a scale that directly serves the Nepali diaspora. Additionally, it bolsters our local payment network, facilitating faster and more efficient cross-border payment services."

Trust and Experience

IME Limited has built a solid reputation over the past two decades, earning the trust of Nepali communities worldwide. CEO Badri Katwal emphasized the significance of this collaboration by stating, "Our partnership with EFICYENT strengthens our payment infrastructure and ensures that customers receive funds instantly, safely, and conveniently through their preferred bank accounts or digital wallets."

The collaboration not only enhances the existing financial framework but also helps to further the development of Nepal’s digital economy. As more people gain access to reliable financial services, the economic landscape of Nepal stands to benefit significantly.

About EFICYENT

EFICYENT operates as a cutting-edge platform for cross-border payments and financial infrastructure, striving to provide faster and more efficient international fund transfers. The company works with regulated entities and licensed partners across eight jurisdictions worldwide, ensuring a broad and trustworthy operational reach.

About IME Limited

Established in 2001 and licensed by Nepal Rastra Bank, IME Limited has become a leading remittance service provider, establishing a comprehensive global network that connects the Nepali diaspora with their families back home. With a focus on technology-driven payment solutions, IME Limited emphasizes regulatory compliance and partnerships with financial institutions across various markets.

Conclusion

The official signing ceremony for this partnership, which took place at EFICYENT's UAE office, was attended by the management teams of both organizations, thus reaffirming their shared commitment to enhancing cross-border payment services between global markets and Nepal. This strategic alliance marks a step forward in addressing the evolving needs of remittance clients and fostering economic connectivity.

For media inquiries, please contact:

EFICYENT Official
Dubai, United Arab Emirates
Website: eficyent.com
Email: [email protected]