Remittance Service

Machhapuchchhre Bank Limited (MBL) has operated online web based remittance system, where by money can be sent to Nepal from Worldwide.

1.MBL Remit

We have always been aware of the importance of Remittance Business and have played a pivotal role in this line with the help of both domestic and foreign counter parties. With a view to cater to the changing needs of the customers, the bank has initiated its own remittance product and started with the domestic remittance business in the name of MBL REMIT. 

MBLREMIT is an online, real-time remittance processing system that is accessed through the Internet and is offered as an application service.

2. Managers’ Cheques (for local payments):

Machhapuchchhre Bank Ltd has been issuing Managers’ Cheques on behalf of its customers and also for the Bank’s own commitments or obligations and for other general purposes involving remittance of funds by bank’s own customers.
The validity of these cheques is for six months.


3. Demand Drafts (for payments in India & abroad):

Machhapuchchhre bank Ltd has issues demand drafts on the request of the customer. The Bank has draft drawing arrangements with:

Currency Bank Country
 INR Standard Chartered Bank India
  ICICI Bank     India 
 USD Standard Chartered Bank  USA
 EUR Standard Chartered Bank   Germany
 GBP  Standard Chartered Bank  England
 AUD ANZ Bank- Melbourne Australia


4. SWIFT Transfers:

SWIFT stands for Society for Worldwide Interbank Financial Telecommunications. Swift is one of the most reliable widely used fastest means of international financial telecommunication.

Funds can be transferred to and from the bank in most of the major currencies through our Correspondent Banks, Financial Institutions in Middle East, Europe and East Asia and also from other Banks.

Details to be provided to the remitter for Swift Transfer request:
Beneficiary Name: ……………………………
Beneficiary Account No: ……………………………


 A detail of our Correspondent Bank is listed below: 

Name of Bank SWIFT Address Bank A/C No.
US Dollars
Standard Chartered Bank
One Madison Avenue
New York, NY 10010, USA
SCBLUS33 3582 072 101 001
Mashreqbank PSC, 255 fifth
Avenue New York, NY 10016
MSHQUS33 70008068
Australian Dollar
Austalia and New Zealand
Banking Group Limited Level 6
Podium 530 collirs Street
Melbourne Victoria 3000, Australia
ANZBAU3M 881490 AUD 00001
Standard Chartered Bank
Frankfurt, Germany
SCBLDEFX 01808 6207
Sterling Pound
Standard Chartered Bank
22 Billiter Street,
London EC 3M 2RY, United Kingdom
SCBLGB2L 01250847801
Japanese Yen
Standard Chartered Bank
Sanno Park Tower 21F
2-11-1 Nagata-Cho, Chiyoda Ku,
Tokyo 10 6155 Japan
SCBLJPJT 2192201110
Indian Rupees
Standard Chartered Bank
19 Netaji Subhas Road
Kolkata, India
SCBLTNBBCAL 32205121725
8th Floor, South Block, ICICI Tower
Bandra Kurla Complex
Mumbai 400 051
ICICINBB 000 405 075 251
United Arab Emirates Dirham (AED)    
Mashreq Bank Dubai, UAE            BOMLAEAD                AE210330000019030000067 


5. E-Payment:

Electronic mode of Payment through Internet. 
This bank has been putting a lot of emphasis on the proper channeling of funds from different parts of the world to Nepal. MBL has established relations with the following Exchange Houses for this purpose.
·         Ezremit-Bahrain Financing Company - www.bfc.com.bh
·         Xpress Money Services Limited - www.xpressmoney.com
·         International Money Express IME - www.imeremit.com.np
·         Prabhu Money Transfer - www.prabhumoneytransfer.com.np    
·         Western Union Money Transfer - www.westernunion.com
·         City Express Money Transfer - www.ct-xpress.net
·         Moneygram- www.moneygram.com
·         Sewa Express Co. Pvt Ltdwww.sewaremit.com
·         Himal Remit
·         CG Money Remit Pvt. Ltd- www.cgmoneyremit.com
·         Reliable Remit-www.reliableremit.com 
Remitter can go to any of these Exchange Houses and request them to make a transfer and fund can be received through any of our office in Nepal. The beneficiary can get the money on the same day the fund has been remitted. We charge nothing for payment of your money to the beneficiary.


MBL Remit Agent List

Super Agent of MBL

GME Remit Pvt. Ltd.

Hathway Complex – 4th Floor, Lainchour

Kathmandu – 44600, Nepal

Tel: +97714024061/62



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