Press Release

Everest Bank Ties up with FinShot Inc., South Korea for Remittance Services

December 3, 2018

Date: 8th October, 2018

 

Everest Bank Ties up with FinShot Inc., South Korea for Remittance Services

 

Everest Bank Limited (EBL) has signed agreement with a South Korean Money Transfer Operator, FinShot Inc. to start its remittance services from South Korea. The agreement was jointly signed by Official of the Bank, and CEO of Finshot Inc.

CoinShot is a registered online product and service from FinShot Inc. which is available in web as well as mobile application in both Android and IOS devices. Any remitters in South Korea registering themselves with CoinShot will be able to send remittance to Nepal through Everest Remit, Bank’s official remittance product.

This partnership will add services of the bank in South Korea and will provide added coverage for remittance customer of the bank. The remittance so received from CoinShot will be available for payment from all 82 branches of EBL and 5500+ remittance payout locations all over the country.