A remittance savings account is a special savings account for Nepalese individuals working abroad and their family members. This ensures remittance comes through the direct banking channel of the savings account that offers individuals under foreign employment status with 1% additional interest rate on deposit funds received from foreign employment View More
| S.N. | Bank Name | Product | Interest Rate |
|---|---|---|---|
| 1 | Himalayan Bank | HimalRemit Savings Account | 9.5% |
| 2 | Shangri-la Development Bank | SHANGRI-LA SUNAULO REMITTANCE KHATA | 8.6% |
| 3 | Prime Commercial Bank | Prime Baideshik Rojgar Bachat Khata | 8.5% |
| 4 | Laxmi Sunrise Bank | Mero Bhumi Bachat | 8.4% |
| 5 | Machhapuchhre Bank Limited | MBL Remittance Bachat Khata | 8% |
A remittance savings account is a special savings account for Nepalese individuals working abroad and their family members. This account provides the convenience of opening accounts, both from within Nepal and abroad.
With a remittance savings account, you can receive foreign currency transfers from overseas. The received funds are converted to the local currency and deposited into your account. You can then manage and use these funds for various purposes.
