Alfardan Exchange and E-Sewa Remittance Payment Agreement

31 December 2020, Kathmandu

The agreement between E-Sewa Money Transfer and the trustworthy UAE remittance service provider Alfardan Exchange has been signed for a remittance transfer transaction. With the launch of this service, Nepalese in the UAE’s now can send cash to any 65 branches of Alfardan Exchange and to any account or wallet in the bank.

Remittances in cash can also be received through more than 8,000 Isewa Money Transfer agents across Nepal and the Isewa Wallet app. Similarly, the amount sent to the bank account will be immediately credited to the bank account of the service recipient.

The agreement on remittance payment was signed by Managing Director Ajesh Koirala on behalf of E-Sewa Money Transfer and Osama Al Rahma, former Chief Executive Officer on behalf of Alfardan Exchange Remittance.

E-Sewa Money Transfer has been receiving remittances from different countries through digital and agent-based remittance services. Managing Director of E-Sewa Money Transfer Ajesh Koirala said that the objective is to establish Isewa Money Transfer as a company with a different name, service, and technology in the global remittance market.