EFICYENT‑IME Partnership to Open Nepal Payment Corridor

EFICYENT, a global cross‑border payments and financial‑infrastructure platform, announced a strategic partnership with IME Limited, one of Nepal’s most trusted remittance companies. The partnership was formalised through a Memorandum of Understanding signed on 29 June 2026 at EFICYENT’s office in the United Arab Emirates, Dubai. Senior leadership from both organisations attended the signing ceremony, reaffirming a shared commitment to enhance cross‑border payment services between global markets and Nepal.

Under the agreement, EFICYENT will provide payout capabilities across Nepal via two channels: direct bank‑account deposits and digital‑wallet transfers. Both types of transactions are credited in real time, allowing recipients to receive funds instantly. This real‑time settlement is intended to serve the Nepali diaspora more efficiently and to strengthen EFICYENT’s presence in a key South‑Asian remittance market.

Executive remarks

  • Aravinth Ramesh, Chief Technology Officer of EFICYENT, stated that the partnership reflects the company’s commitment to building fast, reliable payout corridors for communities that depend heavily on remittances, and that working with IME enables real‑time settlement at a scale that serves the diaspora.
  • Badri Katwal, General Manager of IME Limited, highlighted IME’s two‑decade track record of trust among Nepali communities worldwide and said the collaboration strengthens its payout infrastructure, ensuring customers receive funds instantly, securely, and conveniently through their preferred bank account or digital wallet.

Company backgrounds

  • EFICYENT operates a regulated network spanning eight jurisdictions, offering faster and more efficient international money movement for banks, financial institutions, and fintech companies.
  • IME Limited, licensed by Nepal Rastra Bank, has been serving Nepali communities globally since 2001, building a robust remittance network through technology‑driven solutions, strong compliance standards, and partnerships with financial institutions across multiple markets.

The press release, dated 13 July 2026 and distributed via PRNewswire, includes contact information for EFICYENT (website https://eficyent.com/ and email support@eficyent.com) and notes that the release is provided under an arrangement with PRNewswire, with PTI taking no editorial responsibility.

Key facts

  • Partnership announced: 13 July 2026
  • MoU signed: 29 June 2026, Dubai, UAE
  • Services enabled: real‑time bank‑account and digital‑wallet payouts to Nepal
  • Target market: Nepali diaspora and remittance recipients in Nepal
  • Companies involved: EFICYENT (global payments platform) and IME Limited (licensed Nepali remittance firm)