What are the emirates silver benefits for customers?

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A loyalty program named Emirates Skyward Partners has been developed by Emirates Airlines in partnership with Fly Dubai and QANTAS Airlines. Silver members of Emirates Airlines who fly with Emirates and its partner airlines will be eligible for Emirates Silver Benefits.

It is a loyalty program that allows members to earn and redeem Skywards Miles for various rewards, including flights, upgrades, and more.

The program typically offers different tiers of membership, including Blue, Silver, Gold, and Platinum, with each tier providing its own set of benefits.

As of the last update, here are some of the benefits associated with Emirates Silver membership:

How to achieve Emirates Silver?

The customer earning 25,000 miles skywards through flights or completing 25 Emirates or flyDubai flights will have their account upgraded from blue to Emirates silver.

Emirates Silver benefits;

  1. Book online flights or upgrade your membership through Skyward rewards.
  2. Access to the promotion and travel exclusive. Your membership page displays the current offer and the locations. You can grab an opportunity if you are traveling to the same country and area.
  3. The benefits of the unique discount are to earn more skywards when you book hotels, flights, and tickets for other social events via the Emirates partner network worldwide.
  4. You can nominate your college or partner as a travel coordinator they can buy tickets and travel packages for you.
  5. Your preferences will be considered in the next flights. When you complete your preference pages your next flight will be arranged as per your wish.
  6. Emirates Silver membership offers you to complimentary seat selection opportunity. If you don’t like the rear or center seat can choose a window seat or any other.
  7. You can take 12kg excess baggage than other passengers on the flight.
  8. waitlist priority over other customers.
  9. 25% more skyward miles on each flight that you make with Emirates or flydubai flight.
  10. You can buy the upgrade from the Emirates’ silver tier to gold.
  11. The silver member will check in at counter 1 at Dubai International Airport terminal 3. It is the boarding priority, you do not need to stay in a long queue when you check in at the business class counter.
  12.   Although you are flying in economy class, you will enjoy the business class lounge in Dubai.
  13.  Can access the first-class lounge if you pay extra.
  14. Onboard you can get discounted WiFi
  15.  Special member offers in your destination with Emirates partner network including, hire taxi, car, tour packages, and a hotel night at a discounted price.

Benefits with flyDubai

  1. Get the 25% reward miles on each flight with Flydubai.
  2. Check-in with the business class counters although flight at economic class.

My final thoughts: Skywards Silver literally not bad because it offers various benefits to enjoy on the flights. Although you are not constantly taking flight for your travel you can upgrade the skyward tier from blue to silver instantly when you purchase. You can access all the Emirates’ blue tier benefits along with Emirates’ silver benefits.

Sick leave uae, everbody should know about this.

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Most of the labor-related cases in the United Arab Emirates are governed by Federal Law No 8, For 1980, on the Regulation of Labor Relations. As per the UAE labour law, an employee has the right to take sick leave UAE if he or she is unable to perform duty due to the illness.

UAE Labour law sick leave Provision;

Article 82: stated that a worker who has fallen ill should report to the employer within 2 days and the employer is responsible for taking him to the hospital or medical institution to identify his illness.

Articles 83: has clarified the circumstances under which the employees will entitle sick leave-in UAE and not. Here are some important points every employee in the UAE must know to assert their Labour right against the ill-intended employers.

  • You will not entitle to the sick leave under the probation period.
  • The probation period will be six months from the date you joined the company.
  • The employees are entitled to sick leave not more than 90 days annually.
    1. The first 15 days: with full pay.
    2.  The next 30 days: with half pay.
    3. Any subsequent periods: without pay.
    4. Sick leave will go up to 90 days not more than that.

Articles 84: Employees will not pay salary under the following conditions

  1. The wage will not pay if the illness is a direct result of worker misconduct including;
    • Fall sick causes of alcohol
    • Become sick due to the consumption of narcotic drugs, etc.

Articles 85: terminations of contract from the employer;

  1. If you are unable to report back to work after your leave under articles 82,83 and 84 of the labor law, the employer may terminate your contract. I would like to explain here that you took 90 days sick leave did not return to work because of the illness. Under this circumstance, your employer has the right to terminate of contract.
  2. In this case, the employer has to pay the severance or end service benefit in accordance with the Labour law.

Articles 86: Contract termination from the employee

  1. If the employee resigned before the 45 days of the illness the doctor should provide the medical cause an employer should accept it. The worker will entitle the wage due in respect of the remainder of the first 45 days referred to.

How does the UAE Labour law sick leave practices in the industries?

If the employees become ill, they call a supervisor or line manager to inform their condition. It is up to the company to send staff to the hospital. Some organizations arrange company transport, and some palace employees should go to see the doctor themselves.

The doctor issues a certificate of sick leave specifying how many days the patient needs to rest. When the employee comes back to work he/she submits the Sick leave certificate to the HR department.

You will take sick leave with full pay for 15 days a year and take half pay for 30 days, and no pay for 90 days. If an employer denies paying in accordance with labour law of UAE you have the right to complain against them to MOHRE.

If a discussion with your employer at the MOHRE (Ministry Of Human Resource and Emiratisation) office is not amicable then the case can arbitrate to the labor court it will take a very long time.

Note: This sick leave policy in UAE is applicable only for the employees who have fallen sick when they are in the accommodation and not contracting the workplace injuries. If you are injured or exposed by the work-related disease there are other articles are involved. Click here for more

Conclusion: UAE is one of the countries where the labor law has followed much better than other gulf countries. Whether you are sick or not you should know your labor rights and learns how to complain to the labor ministry in this country. Most of the companies accept sick leave UAE and pay according to the labor law, but when the cure goes longer than expected companies want to come out of you.

 

Top foreign banks in Kuwait | Financial Market.

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Top foreign banks in Kuwait | Financial Market.

The Central bank of Kuwait is the government agency responsible for providing the operating license to foreign banks in the country. Although the central bank has some flexible policy to establish foreign bank’s branches, the majority of the foreign banks are from the GCC (Gulf cooperation countries). Here is a list of top foreign banks in Kuwait.

Top foreign banks in Kuwait

1.INDUSTRIAL AND COMMERCIAL BANK OF CHINA 

It is one of China’s multinational state banks established in 1984. Capital is sponsored by the ministry of finance and it has listed in both the Shanghai stock exchange and the stock exchange in Hong Kong.

The ICBC established it’s a first middle east branch in 2014 in Kuwait since it obtained an authorized operating license from the central bank of Kuwait.

Now, the bank has provided wholesale banking to the other financial institution and investment banking in Kuwait as well as in other countries in the Middle East.

Contact Information
  • Street Address: Al-Sour St., Al-Tijaria Tower, Al-Murqab, 7th & 8th Floor
  • Postal Address: P. O. Box: 5826, Safat 13059, State of Kuwait
  • Tel: (965) 22281777
  • Fax: (965) 22281799
  • Website

2. HSBC BANK 

It was the first British bank operated under the Name of the imperial bank in Kuwait in 1942, but, it pulled out its operation from Kuwait and re-established in 2005 after 34 yrs later.

HSBC (Hong Kong and Shanghai Banking Cooperation) is the British multinational financial company which has presented in 65 countries with 3900 offices around the world. The bank has divided into four categories

Contact Information

  • Retail Banking and Wealth Management
  • Commercial Banking
  • Global Banking and Markets
  •  Global Private Banking

The bank has listed Hong Kong, New York, Paris, and Bermuda stock exchanges with more than 200,000 shares holders in 129 countries.

Contact Information
  • Street address-Hamra Tower, Floor 37, Sharq
  • Postal address. O. Box: 1683, Safat 13017, State of Kuwait
  • Tel(965) 22230722
  • Fax(965) 22230733
  • Website

3. CITIBANK

It is one of the American international banks, established in 1812 in New York now it has operating 249 branches in 100 countries including Kuwait. It is the first western bank that established a branch in Kuwait.

City bank is celebrating 30th years of founding branch in the country and providing most innovative banking services across the middle east. It has a regional headquarters in Dubai.

Contact Information

Street Address: Gulf Road, Ahmad Tower, Sharq
Postal Address: P. O. Box: 26027, Safat 13121, State of Kuwait
Tel: (965) 22594000
Fax: (965) 22594002
Website

4.QATAR NATIONAL BANK

Qatar National Bank is one of the top commercial banks in the Gulf countries. Currently, it has subsidiary and associated spanning across the 31 countries including the continent of Asia, the Middle East, the EU, and Africa.

The bank is owned by the QNB Group in Qatar, which has many brands in the finance and industry sectors including QNB Capital, to corporate, government, and institutional clients within Qatar and globally.

Contact Information
  • Street Address: Ahmad Al-Jaber St., Al-Arabia Tower, Sharq
  • Postal Address: P. O. Box: 583, Dasman 15456, State of Kuwait
  • Tel: (965) 22997811 (965) 22997812
  • Fax: (965) 22997800
  • Website

5. FIRST ABU DHABI BANK

It is the largest bank of United Arab Emirates headquartered in Abu Dhabi and found in 2016 after merging the two largest banks of UAE First Gulf bank and national bank of Abu Dhabi.

In 2019 it became the most profitable bank in the United Arab Emirates. It has operated branches in GCC (Gulf Cooperation Council) countries.

Since 2006 as the name of the National bank of Abudhabi FAB has been providing corporate investment banking in Kuwait.

Contact Information

  • Street Address Ahmed Al-Jaber, Al Bahar Towers, Sharq
  • Postal Address: P. O. Box: 2620, Safat 13027, State of Kuwait
  • Tel: (965) 22477173 (965) 22477174
    Fax: (965) 22495196
  • Website

6. AL-RAJHI BANK

Al Rajhi is the world-leading Islamic bank founded in Saudi Arabia in 1957. The bank is listed in the London stock and Saudi Arabia  Stock market.

It has been providing a variety of financial services including; deposits, loans, investment advice, securities trading, remittances, credit cards, and consumer financing in Kuwait.

As being the Islamic finance, all of its services go through the Islamic requirement. The bank has almost 600 branches primarily in the Kindom of Saudi Arabia including  Kuwait, and Jordan, and Malaysia.

Contact Information
  • Street Address: Arabian Gulf Road, Ahmad Tower, Ground Floor & Mezzanine, Sharq
  • Postal Address: P. O. Box: 5248, Safat 13053, State of Kuwait
  • Tel:(965) 24954300
  • Fax: (965) 24954301
  • Website

7.Abu Dhabi Commercial bank

It is also a UAE bank that has branches in Kuwait. In terms of the balance sheet, it is a third-largest commercial bank in the United Arab Emirates. The Abudhabi government held 62% share and others from the general public.

Its international operation has reached from GCC to the USA, Singapore, London, and India. Since it was a merger with Union Bank of UAE the international presents have been rapidly growing toward Asian emerging market.

Contact Information

  • Street Address: Ahmed Al-Jaber, Dar Al-Awadi, Building No. 5, Sharq
  • Postal Address: P. O. Box: 29615, Safat 13157, State of Kuwait
  • Tel: (965) 22950500
  • Fax: (965) 22950501
  • Website

8. MASHREQ BANK 

It is a top-performing bank in GCC and international banking and financial services, providers. The bank founded in 1967 in Dubai currently it has international branches including the middle east, Asia, Africa, and the EU.

In Kuwait, the banks provide similar services of UAE including personal finance, corporate finance, and investment banking.

Contact Information
  • Street Address: Ahmad Al-Jaber, Loa loa Tower, Qibla
  • Postal Address: P. O. Box: 461, Dasman 15455, State of Kuwait
  • Tel: (965) 24954899
  • Fax: (965) 24954861 (965) 24954862
  • Website

9. BANK MUSCAT 

This is an Omani bank in Kuwait that provides retail banking, investment banking, corporate banking, private, and asset management services. The bank has representative offices in Singapore Dubai, UAE, and the full flex branch in Saudi Arabia, Kuwait.

It has won the award as the best bank in Oman continuously 9 years from the  Global Finance and Euro money. Although the bank has not a large international network it has more than 150 branches across Oman.

Contact Information

  • Street Address: Fahad Al-Salem St., Al Safat Tower, Floor 1M & 2, Kuwait City
  • Postal Address: P. O. Box: 866, Souk Al-Dakhly 15259, State of Kuwait
  • Tel: (965) 22921133
  • Fax: (965) 22921134
  • Website

10. DOHA BANK

It is another Qatari bank that has present in Kuwait following the QNB. It is the most rated bank in Qatar and has a rapid explanation history since it established in 1979.

The bank provides international and domestic financial services to the individual and organizations. It has fully operational global branches in Kuwait, Dubai (UAE), Abu Dhabi (UAE), Mumbai, Chennai, and Kochi (India).

The representative offices of this bank have spread Including Japan, China, Singapore, Hong Kong, South Africa, South Korea, Australia, Turkey, the United Kingdom, Canada, Germany, Bangladesh, Sri Lanka, and Nepal.

Contact Information
  • Street Address: Ahmad Al-Jaber St., Al-Sarraf Tower, Sharq
  • Postal Address: P. O. Box: 506, Safat 13006, State of Kuwait
  • Tel: (965) 22415544, (965) 22416647, (965) 22974300
  • Fax: (965) 22416634
  • Website

Wrapping up: Although Kuwait has not held many international banks’ branches these above-listed are top foreign banks in Kuwait out of 12 have licensed from the central bank of Kuwait.

Top security companies in Kuwait.

Is Emirates Skywards Partners Any Good?

Ranga Singh
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Emirates skywards partners program is a customer loyalty product of the UAE leading airline companies Emirate Airline and flydubai. These program has brought together a partnership between the two airlines to make passenger regular customers.

Customers flying whether Emirates or Fly Dubai will reward skywards miles that can spend for multipurpose. There’s a four-level of skywards, where you’ll benefit more as you upgrade your level.

How to achieve a higher tier of Skywards? 

You should do nothing than flying via the emirates or flydubai your tier will be upgraded automatically base on 2 factors;

  1. Earn the required Tier Miles by traveling with Emirates airline or Flydubai
  2. Complete the required numbers of Emirates or FlyDubai flights.

How to sign up skywards partners?

Just visit the emirates airlines official website or flyDubai and go over the loyalty option then click, You need to provide your personal detail for creating the account along with verifying your registration by clicking the link that has sent into your mailbox.

Emirates skywards partners’ tiers and benefits

  1. Emirates skyward blue

When you sign up, you will get this badge with a warm welcome email. You can take advantage of upgrading your tier through earning the mileages. Each flight when you check-in at the airport the miles will be added automatically and, the number of flights starts to count.

In addition, business class lounges will be given to you and your guest in Dubai. If you’re traveling in a VIP or business class, the ultimate free WiFi is available.

2.  emirates skywards silver benefits

This is the second tier, which offers additional benefits along with the emirates blue tier membership. I mean, you can access all of the blue level benefits, in addition, the silver provides you 25% bonus miles on each flight that you take from the day your account received the silver badge.

To became the emirates, skywards silver member, you should complete whether 25 flights or earn 25,000 tier miles through your flights.

3. emirates skywards gold benefits

As I said before, more benefits on the higher tier membership this is the golden chances to enjoy the golden advantages but not easy to received these badges. The customer will remain on silver until they reach 50,000 tier miles or completion of the 50 number of flights.

When you reach this level you can expect to access all blue and silver tiers benefits, in addition, 50% bonus mileages each onward flights that you make. Other most interesting things are free WIFI on board and complementary economic class seat selection option.

Look if you are traveling through economic class and do not prefer seat you can make a request to change your seat. The seat will not be exchanged but you can select another seat even though has already booked. The emirates flight team will adjust with other passengers for making you happy.

4. emirates skywards platinum benefits

This level is the king of the loyalty program, believe that you always travel in Emirate or flydubai as a king when you have skywards platinum membership. To become a member of this level, your flight’s number will not count, only can secure through achieving the 150,000 tier mileages.

Platinum members can access all the benefits that have offered to blue, silver, and gold. Additional benefits are;

  • First-class check-in
  • Baggages delivery
  • You and your friends will enjoy the business class lounge in Emirates and elsewhere in the world.
  • 75% bonus on the skyward miles.
  • When you travel together, your guest or partner will benefit from gold tier membership.

Where to spend your skywards miles?

Miles can not convert into cash but it works like real money. You can buy a ticket with emirates airline, flydubai as well as the emirates partner airline worldwide. Like digital money, it works to buy the ticket of any sporting events, Can spend for luxury hotel stays, fun-filled family days out, and wide ranges of cultural events worldwide.

How long are the skywards miles valid?

I think there is a lot of time for you to save your milages for spending on your preferable events. Miles are valid for three years from the day you started your journey as a member of the Emirates Airlines and Flydubai.

Is Emirates Skywards Partners worthy?

You might already guess my answer right? Yes, of course, the Emirates Skywards partners program is not only worthy but also more worthy for people who constantly take a flight for the travel.

Although you do not take more flights, you can participate in this program if you make a few flights in a year. The point is here you can save little bucks on each flight with these airlines. Saving is not a bad thing, isn’t it?

Not everyone can receive gold or platinum membership, but reaching the silver could be the best flying experience with this incredible airline in the world.

Conclusion: Emirates membership is a good program aimed for customers who have to make constant flights for business or private travel. You can save some money as a milage on each flight. if you think the milages are nothing, okay, but other benefits make you the best travel experience including, free wifi, business class lounge and seat selection, etc.

If you do not make a single flight in years, it is not valued, but you do some flights, then take part in this program to enjoy extra privileges than the other passengers. The Emirates airline is a little expensive, or you didn’t get a ticket, there’s the option to flydubai, which is a budget airline, and this program also works with it.

You may interest?

Top remittance companies in the UAE

 

MoneyGram Nepal: Exchange Rates, Partner Networks, and Payment Options

Ranga Singh
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MoneyGram Nepal: Exchange Rates, Partner Networks, and Payment Options

Although MoneyGram Nepal does not operate independent offices it has partnered with several local remittance companies and banks to ensure recipients can easily receive their funds. This article will explore how MoneyGram Nepal operates and how recipients can access their money.

MoneyGram is a global leader in money transfer and payment services and was established in 1940. Since its inception, has been at the forefront of the money transfer industry worldwide.

I have been involved in the remittance business since 2001, holding agent licenses for almost all major remittance agencies active in the market. The unstoppable growth of cross-border remittance services can be attributed mainly to globalization.

Nepal ranks as the fourth-largest labor-exporting country within the South Asian Association for Regional Cooperation (SAARC), with billions of dollars flowing into the country through global remittance services annually.

The continuous increase in inward remittances has led to the rise of numerous local remittance companies. As of now, the Central Bank of Nepal has approved 24 local remittance companies.

However, these Nepali remittance companies generally lack the financial resources to open overseas offices in every country where people send money to Nepal. Only a few, such as IME, Prabhu, and Himal Remit, have established limited overseas offices.

To extend their services to areas where they lack a presence, many Nepalese remittance companies partner with international remittance organizations, with MoneyGram being a top choice.

It’s not just local remittance companies that have partnered with international entities. Nepal’s commercial banks have also joined hands with MoneyGram.

As you may already know, MoneyGram is a global powerhouse in cross-border money transfers and payment services, supporting over 200 countries.

In Nepal, MoneyGram has partnered with nearly all remittance companies, including IME and Samsara, as well as major commercial banks like Global IME Bank, NIC Asia Bank, Citizen Bank, and many others.

 How to Receive Money via MoneyGram in Kathmandu?

If someone sends you money through MoneyGram from any country, the beneficiary can receive the funds in Kathmandu Valley or anywhere across Nepal through the following networks:

  1. IME: One of Nepal’s largest remittance companies, IME, is a MoneyGram partner. With over 25,000 IME counters and agents across the country, beneficiaries can easily pick up their cash.
  2. Samsara: Another well-known local remittance company, Samsara, is also a MoneyGram partner, with 7,500 agents and self-service counters throughout Nepal.
  3. Partner Banks: MoneyGram is also partnered with various “A”-class commercial and development banks in Nepal, allowing beneficiaries to collect money from banks such as:
      •  NIC Asia Bank Limited
      • Nepal Bangladesh Bank Limited
      • Agricultural Development Bank Ltd
      • Mahalaxmi Bikas Bank Ltd
      •  Nepal SBI Bank Ltd
      • Mega Bank Nepal Limited
      • Shangrila Development Bank Ltd
      • Gandaki Bikas Bank Limited
      • Machhapuchchhre Bank
      •  Laxmi Sunrise Bank Limited
      • Prabhu Bank Ltd
      • NMB Bank Limited
      • Global IME Bank Limited
      • Prime Commercial Bank Limited
      • Siddhartha Bank Limited

What is the MoneyGram Nepal Exchange Rate Today?

MoneyGram offers a competitive exchange rate in Nepal, usually the mid-market rate. If you want to check today’s MoneyGram exchange rate in Nepal, click here.

Can I Deposit Money Directly into a Beneficiary’s Bank Account in Nepal Through MoneyGram?

Yes, MoneyGram Nepal provides both cash pick-up and direct deposit services. You can easily deposit funds directly into a recipient’s bank account with any of the partner banks mentioned above.

How to Receive Money from MoneyGram in Nepal?

To withdraw MoneyGram funds in Nepal, simply visit any partner pay-out counter listed above. Provide your Transaction Control Number (TCN) and verify your identity using your citizenship ID or driving license, and you will receive your payment.

 How Long Does It Take for MoneyGram to Deliver Money in Nepal?

MoneyGram offers quick and efficient services. Once the sender has completed the transaction details, the recipient can withdraw the funds from any part of Nepal within just a few minutes.

 Conclusion:

While MoneyGram Nepal is an excellent service provider, it’s essential to compare the exchange rates and service charges with other remittance companies. Some may offer higher rates and lower fees, making them a better option for your needs.

List of remittance companies in Nepal

Top 10 commercial bank in Nepal 2020

Ranga Singh
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The central bank of Nepal is the regulatory body for banking and financially institutional. By now, there is 27 commercial bank in Nepal under its jurisdiction. Only a few banks have a long history while others are between the age of 10 and 15yrs.

In 2019 the Central Bank of Nepal introduced merger policy, which led to the merger of several banks and financial institutions.

There is nothing to do without going for a merge if the bank does not meet the central bank requirement such as paid share capital, reserve fund, and transaction volume, etc.

This policy indicates that many commercial banks, development banks, and finance companies will merge together. some banks have already merged and some are on the discussion.

In this post I will describe the best commercial bank in Nepal, they are very strong and won’t merge but merges other financial institutions with them. We have considered many factors to list them into the top 10 banks in Nepal.

    • Share capital
    • Reserved fund
    • Joint venture with international banks
    • Transaction and trade volume
    • Services
    • Public reputation

  1. Rashtriya Banijya Bank;

It is one of the largest commercial banks in the country. Out of 100% the government has owned 90% ownership and 10% from the general public. As being the government-funded, many governmental payments to the states and institutions goes through this bank.

It is the most trusted bank in Nepal from the public perspective. The bank has more than 278 branches inside the Kathmandu valley and out of it. There is not any district where the Rashtriya Banijya bank is not presented.

The value of its share is high, because, it is the most profitable bank in Nepal. The bank provides a comparatively lower interest rate loan than other commercial banks in Nepal.

The Bank issues the visa credit and debit card that can accommodate electronic transfer but can not allow cross-border payment. Additionally, the overseas Cheque clearing and mobile banking facilities are available.

At the financial year 2018/19, RBB able to gain net profit RS 5,046,520,378 equivalent $USD 42,303,052.56.

Contact information:
  • Rastriya Bannijya Bank Ltd.
  • Central Office Singhadurbar Plaza, Kathmandu
  • (977-1) 425-2595
  •  (977-1) 425-2931
  • Email: [email protected]
  • WEBSITE

2. Nabil Bank

It is another most profitable bank in Nepal following the NRBB (Nepal Rashtriya Banijya Bank). Nabil Bank is a well-known and well-managed commercial bank in Nepal. Although there are many banks in Nepal people love this bank for investment, because of, good return.

NB was established in 1984 as a commercial bank, since then it has been providing various types of banking solutions to its customer. It is another bank that issues the credit card which supports overseas.

Nabil provides a full range of commercial banking services through its 93 branches and 100+ ATM point in this country. In 2019 the bank achieved the net profit RS 3,980,000,000 equivalent $USD 33,362,819.64.

Contact information:

3. EVEREST BANK

It is a leading commercial bank in Nepal and established in 1994. EB comes third in terms of revenue in FY 2019. In appreciation of its service, the Bank received a number of laurels and accolades. Recently the Panjab Nation Bank has awarded the “IDRBT Banking Technology Excellence Award”.

Everest Bank has joined venture with Panjab National Bank of India which has owned 20% equity. PNB also holding the top management post of the bank since it acquired the portion of the share.

The bank has operated 95 Branches, 123 ATM machines, 31 Collection Counters, and 3 Extension Counters across the country. FY 2019 net profit was 3,054,122,062 equivalent $USD 25,601,538.57.

Contact information;

  • EBL House, Lazimpat, P.O.Box 13384 Kathmandu, Nepal
  • Tel: 01-4443377
  • Fax: 01-4443160
  • Email: [email protected]
  • SWIFT: EVBLNPKA
  • WEBSITE

4. Himalayan Bank

It was established in 1993 joined ventured with Habib Bank limited of Pakisthan. Since then it has been maintaining the leading roles in the primary banking activities in Nepal. The bank has operated 75 branches across the countries and provides personal as well as corporate banking to the individual and the organization.

It is the first bank in Nepal that introduced the ATM and Ebanking services and now it has been providing most modern banking services to its costumers.

HBL abled to earn Net worth Rs 2,763,848,475 equivalent $USD 23,1682,85.98 in fiscal year 2018/19.

Contact information:

  • Call Us: 01-4227749, 01-4246218, 01-4246219, 01-4250201
  • HBL Corporate Office,
  • Kamaladi Kathmandu, Nepal
  • P.O. Box: 20590
  • SWIFT: HIMANPKA
  • WEBSITE

5. Global IME bank

It is one of the most innovative banks in Nepal and 100% private ownership operated by the IME group. The group was started from the remittance services. Still, Ime remit is the most chosen remittance company in this country.

Since the beginning of the Global IME Bank, It has a history of merging other financial institutions. After acquired the Janata bank and Hathway Finance Limited at the end of 2019, it became the largest bank in Nepal.

The bank was founded with the largest capital base with NPR paid-up capital of 1.0 billion in 2007. Since then, the bank’s paid-up capital has risen to NPR 18.97 billion by 2020. The shares of the bank are publicly listed on the Nepal Stock Exchange as an ‘A’ class firm.

The bank earned net profit after the government tax Rs 2,761,953,667 equivalent $USD 23,152,402.52 in fiscal years 2018/19 and has operated 301 branches in various parts of the country.

Contact information:

  • Kamaladi, Kathmandu, Nepal
  • P.O. Box: 19327
  • Phone No: +977-1-4226247+977-1-4228671
  • Fax: +977-1-4228036
  • Email: [email protected]
  • WEBSITE

6. Nepal Bank Limited;

It is the first commercial bank founded in BS.1956 through the government of Nepal to provide banking services to the public. Despite running in the low margin, the bank has other strong financial indicators that make it the best bank in the country. It has operated 209 branches across the country.

It is another bank where the Nepal government has owned the share. Although the bank adopted the technology very late than other commercial banks in Nepal. Now provides all innovative services. such as ATM services, mobile banking, and international Cheque clearance facility.

The bank earned net profit Rs 2,596,736,045 equivalent $USD 21,763,756.23 in fiscal years 2018/2019.

Contact information:

7. Stander Chartered Bank;

It is an international bank operating in Nepal since 1987 joined venture with Nepali people. Now SCB London has owned 70.21% ownership and 29.79% share owned by the Nepali public.

The bank has operated 15 representative offices and 26 ATM locations in Nepal. It is one of the most profitable banks in the world and comes No. 7 in terms of the profit it had gained in 2019.

SCB has reached out to Europe, the Americas, Africa, the Middle East, ASEAN, South Asia, Greater China & North Asian countries. In 2019 the bank achieved the net profit RS 2,434,664,521 equivalent $USD 20,408,862.64 in Nepal.

Both national and international services have been providing through Stander Chartered branches throughout Nepal.

Contact Information

8. SBI BANK     

Nepal SBI bank is the sister organization of State bank of India has been operating since 1993 in Nepal. SBI has owed 45% share, while Nepal provident fund 15% and general public 30% equity for NSBI bank.

The bank has operates 116 outlets, 88 full-fledged branches, 19 extension counters, 7 Province offices, and one corporate office. NSBI bank account holder can transfer to the SBI bank account in India.  And Indian account holders also able to utilize these services.

The majority of the Gorkha army are benefited from these services, because, they can obtain 2 ATM cards from India SBI bank which allows their family member to withdraw money from Nepal

There are 118 ATM machines are operating under the Name of NSBI bank in 50 districts out of 72 in Nepal.

In FY 2019 the bank gained net profit RS. 2,292,524,396 equivalent $USD 19,217,356.27

Contact Information

  • NEPAL SBI BANK LIMITED
  • Kesharmahal,
  • Kathmandu, Nepal
  • TEL: 00-977-1-4435613
  • WEBSITE

9. Prabhu Bank;

The Prabhu Bank belongs to the Prabhu group which has the number of companies in the field of services. The bank obtained an “A” class financial institution licensed governed by the central bank of Nepal in 2016. Now, it has 266 branches spreading in Kathmandu valley and out of it.

In a short period of time, the bank has succeeded to achieve remarkable growth in the financial sector. Especially after merging various financial institutions including Grand Bank Nepal Limited, Kist Bank Ltd, Prabhu Bikash Bank Ltd, Gaurishankar Development Bank Ltd, and Zenith Finance Ltd it emerged as the top largest bank in Nepal.

Although it is a new and emerging bank in the Nepal financial market. It’s net profit jump to RS 1,783,592,538 equivalent $USD 14,951,174.91 in fiscal year 2018/19.

Contact information:

  • Prabhu Bank Limited
  • Prabhu Building, Babarmahal
  • Phone:+977-1-4788500,
  • Fax:+977-1-4780588
  • Post Box No.:19441,
  • Email: [email protected]
  • Toll-Free No.: 16600107777
  • WEBSITE

10. Nepal Bangladesh Bank Limited.

It is another international bank in Nepal joint venture with IFIC Bank Ltd of Bangladesh. The bank received the operating license from NBR (Nepal Rastra Bank) in 1994 and started commercial business in the Nepal financial market from 6th Jun 1994.

NBBL is A class commercial bank in Nepal which has operated 74 branches and 38 extension counters along with 169 ATM machines across the country.

FY 2019 the bank succeeded to gain the net revenue RS 1,549,395,912  equivalent $USD 12,987,994.06. 

Contact Information

  • Kamaladi, Kathmandu, Nepal
  •  P.O. Box: 9062
  • 4233780/ 81/ 82/ 83/ 84/ 85
  •  Fax: 977-1-4233776
  •  SWIFT : NPBBNPKA
  •  [email protected]
  • WEBSITE

Conclusion: All the commercial bank in Nepal has provided modern banking services. Such as mobile banking, E-banking, ATM services, and other finance-related services with advanced technology.

Thes above-listed banks are the top 10 commercial banks in Nepal, in addition, the best commercial banks in Nepal.

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Is there any office for World Remit Nepal to payout?

Ranga Singh
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World Remit Nepal is the UK-based online money transfer company that has expanded its market by managing offices and establishing a collaboration network for almost every country in the world. If you are thinking about sending money through the worldRemit This blog will provide you, the comprehensive details about the Wold remit.

How does worldRemit work?

It is typically a remittance company that allows people to transfer cross-border money and air time top-up world-wide. If you want to send money through this network there are various options available;

Sending options

  • Send money from your bank account
  • Send money via your credit and debit card.
  • Use a mobile app or web to make remittance transactions and airtime top-up
  • Send cash from WorldRemit‘s offices.

Payment options

  • Cash pick up
  • Transfer to the bank account
  • World remit wallet
  • Recharge mobile numbers worldwide.

How to send money to Nepal through World remit?

  1. Enter the amount how much you would like to send
  2. Add the New recipient or choose from the list that you have previously sent.
  3. Pay through cash pick-up or bank transfer
  4. Just wait for the notification of the confirmation

Where are worldremit offices in Nepal?

World remit has not any offices in Nepal but it is powered by the trusty remittance company Samsara and NIC Asia Bank. If anyone sends money through this network, Samsara’s agents across the county pay in cash and NIC Asia bank handles the banking transaction e.g account deposit.

Worldremit location in Kathmandu.

More than 1500 agents of Samsar are located inside the Kathmandu Valley. Where the IME and other remittance payments available, Samsara remittance also paid there. The person who does the remittance business takes agent license of many remittance companies including samsara.

If you want to get a specific location for payment of world remit Kathmandu and other locations of Nepal search from here. Thre are more than 7500 cash pickup locations in Nepal through the Samsara remit and 100+ NIC Asia bank branches across the country.

How long, does it take to deliver money to the recipient through the world remit Nepal?

It is instant cash payment services the beneficiary can collect money from the samsara remit’s agents immediately. The sender will be informed via text when the money is being delivered in Nepal.

From experience, normally the international remittance fund paid in Nepal within 24hrs unless there is a holiday.

What long does it take to credit into the recipient bank account?

If you send money via this network generally it takes 24hrs to deposit into the bank account of the receiver if there is not a holiday in Nepal.

Is World remit Nepal safe?

Yes, it’s obviously a secure network to send money around the world, because, they have been providing these services since 2010. In the context of Nepal, it is partnered with Samsara remit which is fast-growing and comes at No 9 in the top 10 remittance companies in Nepal. Find the best remittance company in Nepal by clicking this link.

Conclusion: If you are thinking about sending money via the world remit Nepal, nothing to worry about your money it would deliver to the beneficiary. I am not promoting them here in this article, but, I have been doing the remittance business and one of the Samsara Remit agents in Nepal.

Throughout my agency every month we pay million of Nepali rupees to the customer using the Samsara network the money comes through the world remit.

List of the top remittance companies in Nepal

Ranga Singh
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0

Nepal is on the 20th, list of inward remittance countries in the world, accounting for 10% of its GDP from remittance taxes. The government charges a 15% tax on the agent commission. Although many national and international remittance companies are available, here are the top remittance companies in Nepal.

Best remittance companies in Nepal

  1. IME remit;

IME-remit

It is the longest-running comprehensive payment solution owned by the IME group In Nepal. Although it was initially focused to expand its business in the Gulf and East Asia countries now it is available everywhere in the world.

It has already become the most preferable and trusted brand among the Nepali people because of it ages and vast payment network throughout Nepal.

Contact information
  • Email: [email protected]
  • Phone:+977-1-4217600
  • Fax:+977-1-4425800
  • Toll-Free:16600-151515 (/NTC Customer Only)

2. Prabhu Money transfer;

prabhu-remittance

It was established in 2002 as a remittance company when Prabhu Bank, “A level commercial bank in Nepal obtained the license to operate international remittance service. Just like IME, it also started its foreign business from Malaysia and Gulf countries. Now it has offices around the world including America, Asia, and the African continent.

Contact information
  • Prabhu Group Inc.
    37-15, 73rd Street, USA Jackson Heights, NY 11372
  • Phone: +1-718-554-6742
  • Fax: +1-718-651-6080
  • Email: [email protected]

3. Himal Remit;

himal remit

It is powered by web-based money transfer technology and brought by a Himalayan bank limited in Nepal. This company has the largest payment network across the country covering cities, towns, and villages. More than 35000 payout locations including Himalayan bank branches and Himal remit agents across Nepal.

Although it has not as many international offices as IME and Prabhu it is partnered with many banks, remittance, and money exchange companies around the world. You can send money through the local bank or remittance companies and payout through its network in Nepal.

Contact information
  • Himalayan Bank Ltd
  • Corporate Office Building
  • Kamaladi, Kathmandu
  • +977-1-4246218, 4246219, 4227749, 4250201

4. Western Union

Western_Union_WU_LOGO

It is a world-leading international money transfer company supported in 200 countries with 500,000 payout locations around the globe. American based corporate company has the capacity to handle 34 transactions each second it pays the instant cash to the beneficiary in Nepal while other money transfers take a few hours even a day to make their international transaction live for the agents in Nepal.

It has come in fourth place in Nepal because most of the Nepali do not use this network because it is available in towns and cities not in the village. Another reason it does not provides a competitive exchange rate and service charge also high comparatively local money transfer companies.

Contact information
  • Headquarters Denver, Colorado
  • 7001 E Belleview Ave
    80237

5. City express

city-express

It one of the fastest-growing money transfer companies in Nepal and part of the City group which has operates the various brands in several sectors, including information technology, Share trade, travel and tourism, hospitality, visa processing, and retail so, on.

The company was established in 2007 after getting a license from Nepal Center bank to conduct the remit services. The company is partnered with overseas money transfer companies to make individuals easy to send money from any part of the world.

It has become popular among the remitters in India and South Korea because of low service charges and high exchange rates. By now there are 7500 agents covering almost every province and the district of Nepal.

Contact information
  • Kathmandu Nepal
  • Email [email protected]
  • Telephone +977-1-4431900
  • Toll-Free 16600 11 12 13 (Nepal only)

6. Money gram;

best remittance companies in nepal

It is another international money transfer company in Nepal. MoneyGram provides person-to-person money and payment services through a regional network of around 350 000 locations in over 200 countries.

Although it has limited offices in Nepal, most of the local remittance companies including IME, Prabhu, CityExpress, and Himal are partnered to payout the money to the beneficiary through their agents across the country. If anyone sends money through Moneygram the beneficiary can collect it from any remit agents all over the country.

7. I pay remit

i-pay-remit

This is one of the new remits company which has come in the best remittance companies list in Nepal, because, it has operated only 5yrs from now but has succeeded to draw the high volume of the national and international Nepali remitters. It was founded in 2011 headquartered in Kathmandu the capital city of Nepal.

I pay provides B2B and B2C services for both domestic and international remit transactions.

Individuals can send money using this network from Saudi Arabia, Malaysia, Qatar, Bahrain, UAE, Kuwait, Oman, UK, Australia, USA, Canada, Europen Union Nation, and others.

Contact information

Naxal -2, Gairidhara
Kathmandu, Nepal
+977-1-4435139, 4435158
Email: [email protected]
Toll-Free: 16600100016 (Nepal only)

8. Best remit Nepal;

top-remittance-companies-in-Nepal

It was formerly registered under the name of the best remit but now it has changed the name to GME remit. The company has been providing the cash to cash and cash to account services to its customers from both in Nepal and overseas.

GME Remittance became famous because it was based on the non-resident Nepalese citizen’s investment.

Contact information

4th Floor,
Hathway Complex,
Lainchaur, Kathmandu,
Nepal – 44600
Hotline 4024061/2/3/4
Toll-Free 1660-01-999-88 (Nepal only)
[email protected]

9. Samsara remittance;

top-remittance-companies-in-Nepal

The organization has licensed from the Nepal Rastra bank to send money domestically and internationally. Since it was established in 2006 samsara has been providing very best services to Nepali people to send money from any part of the world.

Although Samsara has not any overseas branches it is a partner with the world-leading money transfer companies including world remit, Moneygram, Instant Cash, Small World, RemitR, and Bux.com. If any money sending through these above flatforms Samsara could pay in Nepal through cash or bank deposit.

Contact information

Narayanchaur, Naxal, Kathmandu, Nepal
P.O. Box – 5048
Tel.: +977-1-4441724
Fax no. +977-1-4444754,
Toll-free: 16600 171819

10. Thamel remit;

thamel-remit

Theme remit is powered by Siddhartha Bank which is A level commercial bank in Nepal and brought by ThemelRemit private limited.

This online money transfer company has registered in the Center bank of Nepal to provide the online money transfer services for NRN (Non-resident Nepalese) and American tourists to Nepal. The individual who has a US bank account can send money to Nepal into the beneficiary account.

Thamel remit recently works only sending money from US soil to Nepal but the sender must have a US bank account. More…

  • Contact information
  • +977-1-4416175, 4416888
  • +1-866-356-1201 (USA Toll-Free)
  • Email: [email protected]

Conclusion: Although the central bank of Nepal has theorized 24 organizations for remit services most of them are inactive or limited business. These above-listed companies are the most trustworthy and top 10 remittance companies in Nepal.

How many security guard companies in dubai affected?

CloseCareer Editorial
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0
How many security guard companies in dubai affected?

There are thousands of security guard companies in Dubai as well as in the UAE. Almost 35,000 security personnel are working in the privates and government entities all across the UAE.

The current situation COVID 19 hit the UAE also very hard. When the government took preventive measure all most all companies have been closed for a month. The private companies have lost millions of business cause of this, employees have lost their jobs and waiting for the repatriation process.

The private security industries in Dubai and UAE are no exception from these effects. The clients who have hit under the current circumstances have cut the security personnel on duty. While there are not any business activities it is normal to reduce the security staff.

Only the few security guards have been protecting the companies, for example; where the 20 guards were working now only 5 guards are there.

Security guard companies in Dubai also sending guards for work on relieving, if one guard work today tomorrow he will get them off. When they will not get paid from the client how could pay to the security personnel without working.

Although privates companies have a hard hit from the global pandemic COVID 19 the security companies in the UAE have not hit so hard. To propel the security industries business also need thriving business activities in the country.

How many security guard companies in Dubai have affected by COVID 19?

Although this crisis will remain for a long time, the security industries in Dubai will recover soon. Not all the security companies in Dubai have affected. The companies which have large clients needed numerous security staff to run their businesses have suffered much.

The small security companies still running smoothly without any effect, because, they had been providing just 1 or 2 security personnel in an organization. Despite, the crisis the organization needs at least 2 security personnel.

What will happen in the security industries in the UAE in the future?

  1. Temporarily the new recruitment activities can be slow down.
  2. The security candidates who have been waiting for a visa around the wold experience delay.
  3. The Privates businesses are gradually opening they need the same number of security personnel to run their business to operate without any threat.
  4. The private’s companies need to test the temperature of the visitors, vendors, and employees as well as record the travel histories. The security guard will conduct these types of activities. This work will increase the demand for security personnel rather than lay off.
  5. Although the security companies’ clients reduce the physical security personnel presenting in the site they have not revoked the contract yet.
  6. Despite the companies closed, they need a security guard to protect the properties.
  7. The security companies which are working with government contracts will not lose the contract.
  8. UAE government could hire more temporary security personnel to enforce government guidelines to the public.
  9. By now there is not any security personnel who have lost the job, it is a good signal for the future.
  10. At last, the privates business will recover through the government stimulus packages the security demand in the UAE will bounce back as normal.

Conclusion:  Although there is some uncertainty in the security guard companies in Dubai there is a lot of light over the horizon. The demand for the security staff in the job market in the UAE will remain stable even though other sectors will suffer much.

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