Need to send money to your loved ones in Nepal, pay off a loan or make an investment? It’s never been this fast, easy and cost-effective.
Remit Now, Pay Later using your RAKBANK or RAKislamic Credit Card via RAKMoneyTransfer. Send money home without waiting for your salary to arrive. Click here for more details on the RAKMoneyTransfer through Credit Card.
Key features
- Instant Cash Transfer
- Cash collection throughout Nepal at over 9,000+ locations
- Send up to NPR 1 Lakh per transaction in real time
- No deduction from the amount sent to beneficiary
- Competitive rates
- Cash pick-up at FLAT AED 10
- Remit money using your bank account or Credit Card
- Account Transfer
- Transfers to Prabhu Bank Account credited in 2 hours*
- Transfers to all other banks credited next day**
- No deduction from the amount sent to beneficiary
- Competitive rates
- Transfer to account at FLAT AED 10
- Remit money using your bank account or Credit Card
Service Charges Incl. VAT @ 5%
Service Charges Incl. VAT @ 5% | ||
---|---|---|
Amount in AED | Account Transfer | Cash Pick-Up |
Up to AED 1,000 | FLAT AED 10 | FLAT AED 10 |
Above AED 1000.01 |
Processing Timings: (UAE time) Account Transfer
- *Sun to Thu 8:15am to 3:15pm & Fri 8:15am to 12:15pm.
- **Requests received till 3:15pm will be credited next working day & post 3:15pm will be credited after 2 working days in Nepal.
Conditions apply:
- This service/offer is available for retail individual customers through RAKBANK Digital Banking using your Mobile, PC & Tablet and through RAKBANK Branches
- Additional KYC documents may be required for amounts remitted above NPR 1 million
- Any transfer under this offer will be subject to RAKBANK's Terms & Conditions governing Electronic Funds Transfer
- NPR Rate is subject to change and customer is advised to check the applicable NPR rate before initiating the Electronic Funds Transfer
- RAKvalue & Evantage benefits are not applicable to RAKMoneyTansfer