EFICYENT Partners with IME to Establish Payment Corridor to Nepal

EFICYENT Forms Strategic Partnership with IME Limited

On June 29, 2026, EFICYENT, a leading global platform for cross-border payments and financial infrastructure, signed a significant Memorandum of Understanding (MoU) with IME Limited, one of Nepal's most trusted remittance providers. This collaboration aims to enhance and fast-track international money transfers to Nepal, providing customers with more efficient and reliable access to their funds.

The partnership allows users of EFICYENT's extensive global network to send money directly to beneficiaries in Nepal through instant bank account and digital wallet payouts. This service is particularly crucial considering that Nepal is one of South Asia's key markets for remittances, with many Nepalis relying on financial support from family members abroad.

Under this new agreement, recipients in Nepal will benefit from immediate access to funds, with transactions processed in real-time. This means that whether funds are sent via bank account deposits or digital wallet transfers, recipients will receive them almost instantaneously, enhancing the overall convenience of the service.

Commitment to Remittance Efficiency

Aravinth Ramesh, Chief Technology Officer of EFICYENT, emphasized the importance of this partnership by stating, "This collaboration reflects our commitment to building fast, reliable payout corridors for communities that significantly depend on remittances. Partnering with IME enables us to deliver real-time settlements at a scale that serves the Nepali diaspora effectively, enhancing our local payment infrastructure."

IME Limited, established in 2001, has built a robust global remittance network and gained the trust of Nepali communities worldwide. Badri Katwal, General Manager of IME, shared his thoughts on the partnership, stating, "Joining forces with EFICYENT enhances our payout capabilities and allows our clients to receive their money instantly and securely through their preferred banking channels."

A Win for Customers and Businesses Alike

The collaboration between EFICYENT and IME Limited is poised to revolutionize the remittance landscape in Nepal. Customers will now have quicker access to their funds, while businesses and service providers can leverage this partnership to offer better financial services. This expansion thus marks a significant step in meeting the growing demand for efficient and secure payment solutions in the Nepali market.

EFICYENT continues to showcase its commitment to enhancing international money movement through a strong network of regulated entities and licensed partners across eight jurisdictions worldwide. Through innovation and collaboration, the company aims to reshape how individuals and businesses transact in a global landscape.

This partnership not only strengthens EFICYENT's position in the finance sector but also supports the financial ecosystem in Nepal, facilitating easier access to funds for both individual consumers and business enterprises.

The formal signing ceremony took place at EFICYENT’s UAE headquarters, attended by executive teams from both companies, showcasing a united vision for advancing cross-border payment systems between global markets and Nepal. As the partnership progresses, it will undoubtedly pave the way for enhanced financial inclusivity in the region, further linking Nepal to the vast network of international remittance services.

In conclusion, the collaboration between EFICYENT and IME Limited represents a proactive approach to meeting the needs of a diverse and growing customer base while fostering economic development in Nepal through improved payment solutions.

About EFICYENT

EFICYENT operates as a global cross-border payments and financial infrastructure platform, dedicated to facilitating faster international money transfers through local partners and advanced settlement mechanisms tailored for banks and financial entities.

About IME Limited

IME Limited is recognized as one of Nepal's elite remittance companies, licensed by the Nepal Rastra Bank, known for its commitment to providing secure, quick, and reliable remittance solutions to Nepali communities worldwide.