City Express Money Transfer
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City Express Money Transfer is a Nepal-based remittance service founded in July 2007.[1][2][3] The company's headquarters are located in Kathmandu, Nepal.[4][5][6][7][8] It has been licensed by the Central Bank of Nepal, Nepal Rastra Bank to operate money transfer service in Nepal[9][10] There are more than 7000 City Express authorized payout locations all over Nepal.[11][12] Branches of City Express are also located in areas such as the Middle East, Malaysia, Korea, Japan, Australia, US and UK.[13][14][15][16][17][18][19][20][21] The company is a member of the Nepal Remitters Association.[22] It is also one of six institutions permitted to accept payment of Nepal Electricity Authority bills.[23]
 City Express Building at Kathmandu, Nepal | |
Native name | सिटी एक्सप्रेस मनि ट्रान्सफर |
|---|---|
| Company type | Private |
| Industry | Financial services |
| Founded | 11 July 2007 |
| Headquarters | Kathmandu, Nepal |
Area served | Worldwide |
Key people | Chandra Tandan (Managing Director) |
| Services | Money transfer, Remittance |
| Website | www |
An important factor in reducing poverty, remittance income was almost equal to the Nepal national budget in 2014.[24] Malaysia, the US and the Gulf region are the top locations for Nepali workers abroad who remit earnings home.[25]
