eSewa Money Transfer, one of the emerging remittance companies of Nepal and a subsidiary of F1soft International, has partnered with KIECO (Kuwait India International Exchange) a Kuwait -based remit company to provide remittance services from Kuwait. This agreement allows Nepalese migrants residing in Kuwait to easily send money back home to Nepal. With the agreement into effect, the sender can credit any bank accounts in Nepal within minutes or instantly load the eSewa wallet of the beneficiaries in Nepal by visiting the branches of KIECO spread across Kuwait.
In addition to the eight branches of KIECO, sender can also send money through the mobile van service. Remittance can be sent through the mobile van which will travel from door to door of senders. Beneficiaries in Nepal have the option to receive the cash remittance from eSewa Money Transfer’s 8000+ payout locations spread across Nepal and also have the option to load the money directly in their eSewa wallet.
KIECO was established in 1979. The company (formerly called Kuwait India International Exchange Co.) is regulated by the Central Bank of Kuwait, offering a wide range of smart financial services including remittance services, currency exchange and payment solutions. Over the years, it has grown to the position of being a leading financial service provider in the State of Kuwait.
About eSewa Money Transfer
eSewa Money Transfer is one of the fastest-growing remittance companies in Nepal that offers a blended model of world-class remittance services to Nepalese around the world. Our service offerings are comprised of traditional agent-based remittance services with 8,000+ strong agent networks coupled with a host of non-traditional, digital modes of transfers with access to 4.3 million+ eSewa mobile wallet users and bank accounts of 54 different banks, where sending and receiving money is as easy as giving a few taps on a mobile phone. Incorporated in the year 2019 and licensed by Nepal Rastra Bank under foreign exchange regulation, eSewa Money Transfer is a part of F1soft Group that has been empowering more than 11 million population and 100,000 entities across the country through innovative fintech based payment services.