Remittance Agreement between Bank of Kathmandu Limited and Modern Remittance

Nov Sun 2021 03:47:22

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Remittance Agreement between Bank of Kathmandu Limited and Modern Remittance

Kathmandu. Bank of Kathmandu Limited has started the process of remittance payment by signing an agreement with Modern Remittance Practice regarding remittance payment services received from home and abroad. In this regard, the Bank aims to provide remittance services to different parts of Nepal from various parts of the world. Ltd. It is said that the money sent through can be easily and conveniently received by the concerned person through all the branch offices of the bank in Nepal.

Bank of Kathmandu Limited has been providing banking facility to its customers from 91 branch offices, 81 ATMs and 10 extension counters. Bank of Kathmandu will pay 14 percent dividend this year. The bank will pay 10 percent bonus share and 4 percent cash dividend for tax purposes from the accumulated profits of the fiscal year 2077/78. The shareholders will receive dividend after the proposal is approved by Nepal Rastra Bank and passed by the next general meeting of the bank.