KATHMANDU

Esewa Money Transfer, a digital-first remittance company under F1Soft Group, which has been providing remittance services to Nepal from more than 200 countries across the world, has entered into an agreement with G.S. Cashline, a leading remittance company based in Cyprus.

With this agreement, Nepalese living and working in Cyprus can send remittances to Nepal by reaching out to all 40 branches of G.S. Cashline. Meanwhile, beneficiaries in Nepal can receive remittances from more than 13,800 dedicated remit agents, 100,000+ cash pick-up enabled wallet agent locations of Esewa Money Transfer, major banks, and financial institutions, along with their branches, and directly into beneficiaries’ eSewa wallet.

The agreement was signed between Mr. Ajesh Koirala, CEO of Esewa Money Transfer, and Mr. Stavros Stavrou, CEO of G.S. Cashline. Speaking on the partnership, CEO of Esewa Money Transfer, Mr. Ajesh Koirala, stated that, as a significant number of Nepalese reside in Cyprus, this remittance partnership is going to make it easier to send the money to Nepal in a fast and secure way. Additionally, G.S. Cashline offers digital remittance services, making it simple and hassle-free to send money to Nepal.

CEO of G.S. Cashline, Mr.Stavros Stavrou, stated, “Through this partnership, we anticipate facilitating a more seamless process for Nepalese individuals residing in Cyprus to send money to Nepal. Our assurance lies in the efficacy of our global payment infrastructure, real-time processing capabilities, and collaborative knowledge exchange with Esewa Money Transfer, which collectively aim to enhance the speed and affordability of money transfers to Nepal. We are eagerly looking forward to introducing further enhancements in collaboration with Esewa Money Transfer, contributing to the advancement of digital inclusion.”