NMB Bank Enables Easy Money Transfer from Malaysia via NBL Money Transfer

26th October 2025, Kathmandu

For thousands of Nepali citizens working tirelessly in Malaysia, sending their hard-earned money back home to their families is a top priority. Remittance is the financial lifeline for countless households across Nepal, fueling everything from daily expenses to critical investments in education and healthcare.

NBL Money Transfer

Recognizing the immense importance of this flow, NMB Bank Limited, one of Nepal’s leading financial institutions, has forged a powerful partnership with NBL Money Transfer in Malaysia and City Express in Nepal to create an exceptionally smooth, rapid, and widespread money transfer service.

This strategic collaboration directly addresses the need for secure and accessible remittance channels. By leveraging the extensive network of City Express, NMB Bank ensures that funds sent from Malaysia are not just secure, but also available for pickup at an incredible 25,000+ payout agents across all regions of Nepal. This comprehensive network ensures that recipients, whether located in a bustling city or a remote village, can conveniently access their money, thereby strengthening the financial inclusion landscape in the country. This synergy between a trusted bank, an international remittance partner, and a major national payout network sets a new benchmark for cross-border financial services.

A Seamless Bridge from Malaysia to Nepal

The core of this remittance solution lies in the smooth flow of funds established between the three partners. Nepalis in Malaysia seeking to send money home can initiate the transfer through NBL Money Transfer. NBL Money Transfer, based in Malaysia, acts as the crucial international link, collecting the funds and necessary recipient details.

Once the transaction is processed, the money is channeled through NMB Bank’s robust system in Nepal. Crucially, the final step—the actual cash payout—is executed through the massive agent network of City Express Money Transfer. This integration means the entire process, from the point of sending in Malaysia to the point of collection in Nepal, is fully integrated and regulated, ensuring both speed and compliance with central bank directives.

For the sender in Malaysia, the process is designed for maximum simplicity. They simply need to visit an NBL Money Transfer counter or a partnered agent, provide the remittance amount, the recipient’s details, and the transaction is initiated. The recipient in Nepal is then immediately notified with a unique Control Number or PIN Code, which is the sole requirement, along with a valid government-issued ID, to collect the cash at any of the thousands of payout locations.

The Unmatched Power of the 25,000+ Payout Network

What makes this remittance partnership truly exceptional is the sheer scale of the payout network in Nepal. City Express Money Transfer’s authorization of over 25,000 payout agents—a figure that often includes small retail shops, co-operatives, and other financial institutions—guarantees proximity and convenience for the recipients.

This extensive reach has a profound socio-economic impact. In a country where banking infrastructure may still be sparse in certain remote, rural areas, the ability to collect cash from a nearby agent, often within minutes of the transaction being sent from Malaysia, saves recipients time and significant travel expenses. This hyper-local accessibility minimizes the need for long-distance travel to bank branches, ensuring that the full value of the remittance is retained by the family. The sheer number of agents not only offers unparalleled convenience but also minimizes the risk of service disruption, providing a reliable channel that migrant workers can trust without reservation.

Security, Speed, and Financial Inclusion

Remittance services must prioritize security and speed above all else. This partnership excels in both areas. The use of a verifiable Control Number and strict ID checks at the payout counter ensures that the money is received only by the intended beneficiary. Furthermore, the digital infrastructure linking NMB Bank and City Express enables near-instant processing, allowing families to access funds almost as soon as the sender completes the transaction in Malaysia.

Beyond the immediate convenience, this service plays a vital role in financial inclusion. For many families in Nepal, the remittance transaction is their primary interaction with the formal financial sector. By offering multiple receiving options—not just cash payout through City Express but also the option to deposit funds directly into an NMB Bank account or an account in one of the partnered banks—the service encourages the use of formal banking channels. NMB Bank, with its own commitment to digital banking through services like Sulav Remit and even sophisticated offerings like Visa Direct, ensures that customers have modern, secure ways to manage their incoming funds, helping them transition from cash-only dependency to greater financial literacy and stability.

Ultimately, the collaboration between NMB Bank, NBL Money Transfer, and City Express is more than just a money transfer service. It is a critical support system that ensures the prosperity and peace of mind of countless Nepali families, ensuring that the dedication of the diaspora in Malaysia is immediately and reliably translated into tangible support for their loved ones back home. The ease of the NBL Money Transfer process and the vast payout network anchored by NMB Bank and City Express confirm their shared commitment to serving the evolving needs of the Nepali people.

For More: NBL Money Transfer