EFICYENT Partners with IME to Launch Payment Corridor to Nepal

EFICYENT Partners with IME for Enhanced Payments to Nepal

In a bid to strengthen international money transfers to Nepal, EFICYENT, a leading global platform for cross-border payments, has announced a strategic partnership with IME Limited, a trusted name in Nepal's remittance sector. This collaboration, solidified by a Memorandum of Understanding signed on June 29, 2026, in Dubai, will facilitate immediate fund transfers to bank accounts and digital wallets for those sending money to Nepal.

Improving Financial Accessibility

The new payment corridor established by EFICYENT not only broadens the scope of services available to global customers but also significantly enhances the efficiency of remittances to Nepal. With this partnership, customers and partners connected to EFICYENT's extensive network can now remit funds directly to recipients in Nepal via bank transfers and digital wallet payouts. Both transactions will be credited in real-time, allowing recipients immediate access to their funds.

“This partnership reflects our commitment to building fast and reliable payout channels for communities that depend heavily on remittances. Working together with IME enables us to introduce real-time processing in Nepal, benefiting the Nepalese diaspora,” says Aravinth Ramesh, CTO of EFICYENT.

Trust and Expertise of IME Limited

IME Limited has well-established itself as one of Nepal's leading money transfer companies since its inception in 2001. Over its two decades of operation, the company has built a robust global remittance network, ensuring safe, convenient, and quick money transfer solutions for the Nepalese community worldwide. The partnership with EFICYENT not only fortifies IME's payout infrastructure but also guarantees that clients can receive their funds immediately through their preferred banking options or digital wallets. Badri Katwal, CEO of IME Limited, emphasized, “Our collaboration with EFICYENT strengthens our ability to deliver money securely and efficiently, reflecting our dedication to customer satisfaction.”

Signing Ceremony and Future Prospects

The formal signing ceremony of this important partnership took place in EFICYENT’s offices in the United Arab Emirates, attended by leadership teams from both organizations. They reiterated their joint commitment to improving cross-border payment services between global markets and Nepal.

This partnership is expected to provide significant benefits not just for remittance senders and receivers, but also contributes towards a more interconnected financial ecosystem, offering faster and more efficient financial services.

About EFICYENT

EFICYENT operates as a global platform for cross-border payments and financial infrastructure, enabling fast and efficient international money transfers through local payment networks. By leveraging real-time settlements, EFICYENT aims to revolutionize the dynamics of global money transfer services. Based in Dubai, the company collaborates with regulated businesses and licensed partners across eight countries worldwide.

About IME Limited

IME Limited is recognized as one of the foremost remittance companies in Nepal, serving the Nepalese community globally since 2001. The company has gained a reputable status by employing technology-driven payment solutions, adhering to stringent compliance standards, and forming partnerships with diverse financial institutions in various markets.

Through this partnership, EFICYENT and IME Limited are paving the way for enhanced financial services, marking a significant step towards facilitating smoother remittance flows into Nepal.