Machhapuchchhre Bank Limited has established itself as a leading gateway for smooth domestic and international remittance services, crucial for Nepal’s economy that heavily relies on contributions from citizens abroad. Recent data from Nepal Rastra Bank highlights significant growth in formal remittance inflows in 2025.
The bank caters to diverse customer needs with solutions that support families in improving living standards, education, and healthcare.
MBL REMIT System:
One of the bank’s flagship products, MBL REMIT, is a web-based platform enabling real-time processing of transactions within Nepal and from international locations. It supports high transaction volumes while maintaining top-level data security and speed.
Remitap Mobile Application:
The bank’s mobile solution, Remitap, allows users to receive money from abroad, perform peer-to-peer transfers, and pay utility bills like electricity and water. Equipped with biometric and OTP security, the app ensures secure and convenient transactions for all users.
Traditional Payments and International Drafts:
For conventional transfers, Machhapuchchhre Bank offers manager’s cheques and demand drafts. International drafts are available in multiple currencies including USD, INR, EUR, GBP, AUD, and JPY, facilitated through partnerships with global banks such as Standard Chartered, ICICI, and ANZ.
With these innovative services, Machhapuchchhre Bank provides a secure, fast, and modern remittance experience, enhancing financial accessibility and trust among Nepali families worldwide.
