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.
Minimum Balance - Rs. 0
Interest Rate – 3.25%
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Minimum Balance - Rs. 500
Interest Rate – 4.5%
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Minimum Balance - Rs. 0
Interest Rate – 3.8%
No features available
Minimum Balance - Rs. 100
Interest Rate – 2.75%
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Minimum Balance - Rs. 0
Interest Rate – 4%
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Minimum Balance - Rs. 0
Interest Rate – 2.75%
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Minimum Balance - Rs. 0
Interest Rate – 5.5%
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Minimum Balance - Rs. 0
Interest Rate – 4%
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Minimum Balance - Rs. 500
Interest Rate – 4.75%
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Minimum Balance - Rs. 0
Interest Rate – 2.8%
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Minimum Balance - Rs. 1,000
Interest Rate – 3.4%
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Minimum Balance - Rs. 0
Interest Rate – 3.8%
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Minimum Balance - Rs. 1,000
Interest Rate – 2.91%
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Minimum Balance - Rs. 0
Interest Rate – 4.25%
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Minimum Balance - Rs. 0
Interest Rate – 3.8%
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Minimum Balance - Rs. 0
Interest Rate – 3.75%
Features - Additional 1% p..View All
Minimum Balance - Rs. 0
Interest Rate – 5.36%
No features available
Minimum Balance - Rs. 100
Interest Rate – 2.76%
Features - Online Account..View All
Minimum Balance - Rs. 0
Interest Rate – 4.25%
Features - As per the publ..View All
Minimum Balance - Rs. 0
Interest Rate – 2.75%
Features - Competitive Int..View All
Minimum Balance - Rs. 5,000
Interest Rate – 3.4%
Features - Free Any Branch..View All
Minimum Balance - Rs. 0
Interest Rate – 5.5%
Features - Attractive inte..View All
Minimum Balance - Rs. 5,000
Interest Rate – 3.91%
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Minimum Balance - Rs. 0
Interest Rate – 5%
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Minimum Balance - Rs. 0
Interest Rate – 5.36%
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Minimum Balance - Rs. 100
Interest Rate – 4%
Features - Free issuance o..View All
Minimum Balance - Rs. 0
Interest Rate – 5.01%
Features - Free Cheque Boo..View All
Minimum Balance - Rs. 0
Interest Rate – 4%
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Minimum Balance - Rs. 10,000
Interest Rate – 4%
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Minimum Balance - Rs. 100
Interest Rate – 4.75%
Features - Interest Posing..View All
Minimum Balance - Rs. 0
Interest Rate – 5%
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Minimum Balance - Rs. 0
Interest Rate – 3%
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Minimum Balance - Rs. 100
Interest Rate – 5%
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Minimum Balance - Rs. 1,000
Interest Rate – 5%
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Minimum Balance - Rs. 0
Interest Rate – 3.5%
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Minimum Balance - Rs. 1,000
Interest Rate – 4.75%
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Minimum Balance - Rs. 1,000
Interest Rate – 4.75%
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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.
Many banks offer online banking services for remittance savings accounts, allowing you to check your balance, track transactions, and manage your account from the convenience of your computer or mobile device.
Yes, many remittance savings accounts allow you to receive money in foreign currency. The received foreign currency can be converted into Nepali rupees at prevailing exchange rates.
Yes, most remittance savings accounts come with ATM cards that allow you to withdraw funds from ATMs in Nepal and sometimes even abroad, depending on the bank's network.
Yes, you can use your remittance savings account for various financial transactions, including making payments, transferring funds, and managing your day-to-day expenses.
Funds held in remittance savings accounts are often covered by the Nepal Deposit and Credit Guarantee Corporation's insurance, providing a level of security against bank failure.
