Hamro Patro Remit Allows Its Users To Transfer Up To Usd 100,000

Hamro Patro Remit
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6th April 2022, Kathmandu

Hamro Patro has repeatedly released new features to meet the various interests of Hamro Patro users.

Hamro Patro Remit, which began on September 26th, is a remittance service for individuals living abroad who want to transfer money to Nepal simply and with little service fees. Hamro Patro Remit is an expanded service of Hamro Patro that may be used by app users by signing in to their account on the Hamro Patro site from the United States.

Money may be easily transferred from a US bank account or debit card to any Nepali bank account. Previously, you could only transfer a maximum of 30,000 US dollars per person in six months, but now you can send up to 100,000 US dollars.

The transaction limit will be set at USD 10,000, and this service will be available to Tier 3 users only. Since its debut as a calendar, Hamro Patro has included the ability to examine the Nepali exchange rate of Forex, i.e. foreign money. The ability to view currency rates as well as send remittances is now available in a single app.

“For the time being, the instant pay facility will be available within a month as the money will be deposited in Nepali Bank’s account within two to three days of sending the remittance, under which the money will be deposited in Nepal’s bank account within a few minutes of sending the money,” said Shankar Upreti, Founder / CEO.

FAQs

Who can avail of the services provided by Hamro Patro Remit?

Any person who wants to make a payment (in foreign currency) to an individual in the pay-out country i.e. Nepal (in pay-out currency i.e. NPR) can avail of the services of Hamro Patro Remit.

In which currencies can I remit using Hamro Patro Remit?

Currently, the service is available only from the USA and thus users can remit money using US Dollars. want to switch to Hamro Patro Remit?.

How can I upgrade from one Tier to another?

Users can upgrade their tier limits by submitting additional KYC documents and details corresponding to the respective tiers. Any tier upgrade needs to be initiated by the user. The process of handling tier upgrades is as follows: Step 1: The user must initiate a tier upgrade from their dashboard. Step 2: Once the tier upgrade request is initiated, the user will be asked to provide the necessary documents/information in their dashboard. The user is required to upload the required documents/information and submit them for verification.

How do I know about the status of my money transfer?

The user can check the status of their money transfer in their account with Hamro Patro Remit. The users also receive a system-generated email whenever there is a change in the status of their transfer.

What are the charges to send money?

The charges for remitting an amount depends on the tier and the amount being transferred and the customer can check the charges for their transaction in the system directly during the transfer process.

How can the recipient receive the funds?

The Hamro Patro Remit system is an online system and the receiver will get the money directly in their bank account.

How soon will the money be available to the Receiver?

The transaction will be received by the beneficiary within the same day or within 3-4 days of initiating the transaction.


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