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Dsewa is a multi-service provider Indo-Nepal Money transfer, bus booking, Event booking, and Recharge bill payment service provider Dsewa has Technical Tei up with the service provider companies.
Indo-Nepal Remittance Facility is a cross-border remittance scheme to transfer funds from India to Nepal, enabled under the NEFT Scheme. The scheme was launched to provide a safe and cost-efficient avenue to migrant Nepalese workers in India to remit money back to their families in Nepal.
The ceiling of ₹50,000 per remittance with a maximum of 12 remittances in a year shall, however, continue to apply for such remittances. The charges for transactions up to ₹50,000 inclusive service.
WHEREAS, DSEWA, PRABHU MONEY TRANSFER and IME INDIA (each referred to individually as “party” and collectively as “parties”) are engaged in servicing customers of money transfer and have established large network of offices / agents in their respective countries.
WHEREAS Reserve Bank of India (RBI) has issued Guidelines for Outbound remittance of money in INR from India to Nepal subject to such terms and conditions stipulated by them
WHEREAS PRABHU MONEY TRANSFER AND IME INDIA, appointed as Banking Correspondent (BC), by RBL for undertaking various services as intimated by the Bank and this inter alia including Indo-Nepal Remittance Services i.e. Outbound money transfer services from India to Nepal as per RBI Guidelines.
WHEREAS RBL, in their Agreement and Addendum thereto, appointing PRABHU MONEY TRANSFER AND IME INDIA as BC has stipulated that in order to undertake Indo Nepal Remittance Service on behalf of the Bank, PRABHU MONEY TRANSFER AND IME INDIA will have a technical tie up with DSEWA so that there exists an Application Programming Interface between DSEWA and the BC for and on behalf of the Bank.
WHEREAS DSEWA has branches and network of agents pan India, has agreed to complete the collection of money from remitter’s pan India as requested by PRABHU MONEY TRANSFER AND IME FOREX on behalf of RBL as BC to RBL and to facilitate the same has agreed for connection through API with the remittance system of PRABHU MONEY TRANSFER AND IME FOREX.
The receiver can receive money directly there Nepali bank account or the Sender will provide 16 digit PIN number for PRABHU, Receiver need to visit with a valid Nepali citizen card with PIN number in Nepal from Any PRABHU branch Network.
The receiver can receive money directly there Nepali bank account or the Sender will provide 11 digit ICN number for IME, Receiver need to visit with a valid Nepali citizen card with ICN number in Nepal from Any IME branch Network.
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