EFICYENT Partners with IME to Open Payment Corridor in Nepal for Swift Transfers

EFICYENT and IME Limited: A New Chapter in International Transfers

In a significant move aimed at revolutionizing the financial landscape of Nepal, EFICYENT, a global platform for cross-border payments, has teamed up with IME Limited, one of Nepal's most reputable money transfer companies. This partnership was officially announced on June 29, 2026, during a signing ceremony in the United Arab Emirates, marking the beginning of a promising corridor for international money transfers to Nepal.

This strategic partnership allows EFICYENT's global network clients to send money directly to recipients in Nepal, thereby facilitating seamless bank transfers and digital wallet deposits. The premise is straightforward: users can fund their bank accounts and digital wallets instantly when transferring money to Nepal, simplifying the overall process for both senders and recipients.

Enhancing Accessibility and Reliability

Through this collaboration, EFICYENT is set to provide payment services across Nepal, connecting the diaspora to their loved ones back home. The instant credit of transactions from bank accounts or digital wallets is poised to significantly improve the way Nepali communities receive funds. This real-time processing aligns with EFICYENT’s objective of creating fast and reliable payment corridors that cater to the needs of industries and individuals reliant on efficient money transfers.

Aravinth Ramesh, Chief Technical Officer of EFICYENT, highlighted, "This partnership underscores our commitment to establish rapid and reliable payment corridors for communities that heavily depend on remittances. Our collaboration with IME enables us to provide real-time settlements in Nepal at a scale that genuinely addresses the needs of the Nepalese diaspora, while strengthening our local payment network to ensure faster and more efficient cross-border payment services."

The partnership also signifies IME's continued dedication to securing trust among Nepalese communities worldwide. Badri Katwal, Managing Director of IME Limited, stated, "For over two decades, IME has worked relentlessly to earn the trust of Nepalese communities around the globe. Our partnership with EFICYENT enhances our payment infrastructure, ensuring our customers can receive their funds instantly, securely, and conveniently into their bank accounts or digital wallets of choice."

Strong Roots in the Industry

Founded in 2001, IME Limited has grown to become a key player in the remittance sector of Nepal, licensed by the Nepal Rastra Bank. Their strong focus on establishing a reliable global network has positioned them as a frontrunner in international payments. With an array of innovative payment solutions and stringent compliance standards, IME has been crucial for connecting Nepalese citizens around the world.

On the other hand, EFICYENT offers a cutting-edge platform designed to optimize international money transfers, operating through a network of regulated entities and licensed partners across eight jurisdictions. Their focus on enabling real-time settlements highlights a modern approach to addressing the complexities of cross-border payments.

The Future of Remittances

With this partnership now in effect, the prospects for international money transfers to Nepal appear more robust than ever. Both EFICYENT and IME are undoubtedly set to enhance the efficiency of the remittance process, which is vital for the country’s economy and for families relying on these funds for their daily needs.

As we look ahead, the continued collaboration between these two entities could redefine how funds flow between countries and how efficiently they reach those in need. The partnership between EFICYENT and IME stands as a beacon of hope for countless Nepalese families, reinforcing the importance of innovation and collaboration in financial technology.