Siddhartha Bank has been serving the Nepalese workforce stationed in various foreign countries as well as facilitating local online payment solution throughout the country through its dedicated remittance service –SBL Remit. Currently, we have more than 9000+ active payout locations for instant cash pick up and 400+ direct accounts deposit banks throughout Nepal and keep going on upgrading payout outlets.
The Bank has an extensive Remittance Business Center, with an energetic team of competent and seasoned staffs, that has been providing uncompromised and customer focused services to the Bank’s valued customer groups. In addition to this, there is a dedicated round the clock Help Desk with a toll free number for addressing the customer queries and feedbacks in a timely and an efficient manner.
Currently, SBL Remit has its presence in various nations including Saudi Arabia, Qatar, United Kingdom, Oman, Malaysia, UAE, South Korea, Japan, Russia and India. The Bank plans to further expand its remittance service to the Nepalese Migrants residing in cities like Kuwait, Bahrain, Lebanon, Israel and Singapore.
SBL Remit is the remitting mode thorugh which you can transfer amount from Malaysia, Qatar, U.A.E., Saudi Arabia, Bahrain, Korea and various other destination to anywhere in Nepal. The mode is the fastest and cheapest.
1. Paying Agent in Nepal
Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the safest and most secured method of sending/receiving messages from different banks across the globe. SBL has a wide SWIFT arrangement with renowned banks such as AMEX, SCB, ICICI, Mashreq, and Commerz, just to name a few. At SBL, customers may use this service to remit and/or receive funds, efficiently and securely, to/from various parts of the globe. This is the most trusted and widely used method of correspondence among banks.
SALE/PURCHASE OF FOREIGN CURRENCY
At SBL, all customers, a/c holders or none, can sell or purchase major foreign currencies namely US Dollars, Euro, and Pound at the prevailing exchange rates.
Managers Cheques, which are issued for local payments, are widely accepted. At the request of our customers, we issue Managers Cheques to make payment locally.