Sanima Bank Partnership Fonepay For Cash Withdrawal Inter Bank QR Teller Service
26th July 2025, Kathmandu
Sanima Bank has announced the launch of its innovative Inter Bank QR Teller Cash Withdrawal service, developed in collaboration with Fonepay.
Sanima Bank Partnership Fonepay
This groundbreaking initiative aims to significantly reduce physical cash handling and enhance the digital banking experience for customers across Nepal.
Seamless and Secure Cash Withdrawals for All
The newly introduced service allows customers from any Bank and Financial Institution (BFI) operating within the Fonepay network to conveniently withdraw cash from Sanima Bank by simply scanning a unique teller QR code using their respective mobile banking applications. Conversely, Sanima Bank customers can also utilize this service at other participating BFIs.
This advancement is particularly beneficial for individuals in remote areas with limited ATM access, providing a crucial emergency cash withdrawal solution. Beyond traditional withdrawals, the service also extends its utility to other essential transactions, including online fee payments and foreign currency exchange for non-bank customers, further promoting a cashless economy.
Sanima Bank: Expanding Digital Reach Across Nepal
With a robust presence across all seven provinces of Nepal, Sanima Bank continues to expand its reach and services. The bank currently operates through 134 offices and an extensive network of 127 ATMs, demonstrating its commitment to accessible and modern banking solutions for all Nepalese.
This inter-bank QR teller service marks a significant step forward in digital banking, reinforcing Sanima Bank’s dedication to innovation and customer convenience within the evolving financial landscape of Nepal.
Sanima Bank: Introduction, Services, and Milestones
Sanima Bank Limited is one of Nepal’s leading commercial banks, known for its stable growth, innovative banking services, and strong customer focus. Established in 2004 as a national-level development bank, Sanima transformed into a full-fledged commercial bank in 2012. Headquartered in Kathmandu, the bank operates with a commitment to delivering quality financial services while promoting financial inclusion, innovation, and good governance.
Sanima Bank is promoted by a group of prominent Non-Resident Nepalis (NRNs) and other reputed individuals with diverse expertise. With a strong capital base, prudent risk management practices, and a robust digital infrastructure, Sanima has built a reputation as a trustworthy and modern banking institution in Nepal’s financial sector.
Core Services
Sanima Bank provides a wide range of financial products and services tailored to meet the needs of individuals, SMEs, and corporate clients. Its major services include:
Retail Banking: Savings, current, fixed deposit accounts, home loans, auto loans, education loans, and debit/credit cards.
Corporate and SME Banking: Business loans, project financing, working capital solutions, and trade services.
Digital Banking: Internet banking, mobile banking app (Sanima Sajilo eBanking), QR payments, utility bill payments, and online account opening.
Remittance and International Services: International remittance through various partners, foreign currency exchange, and import/export financing.
Investment Services: Fixed income deposits, debentures, and term-based investment products.
Milestones and Achievements
2004: Established as a development bank licensed by Nepal Rastra Bank.
2012: Upgraded to a commercial bank, expanding its service scope nationwide.
2021: Successfully issued NPR 4 billion worth of debentures, strengthening its capital structure.
2022: Introduced Sanima Sajilo eBanking, enhancing its digital capabilities and user experience.
2023: Became one of the first banks in Nepal to implement inter-bank teller-based QR Cash Withdrawal Service, promoting cashless transactions.
2024: Expanded its network to over 130 branches, 120+ ATMs, and numerous extension counters and branchless banking points across Nepal.
Sanima Bank continues to prioritize sustainable growth, customer satisfaction, and technological advancement. With a focus on compliance, digital transformation, and responsible banking, it aims to contribute significantly to Nepal’s economic development and financial stability.
As of today, Sanima Bank stands as a symbol of trust, reliability, and innovation in Nepal’s banking landscape.
For more: Sanima Bank Partnership Fonepay
