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Remittance Service  

Module for sending money

The remitting agency can transfer funds either to the beneficiary against the identification document or can credit the Customer’s Account maintained with Kumari Bank or other local banks of Nepal on the customer request. The money transferred through this product will be on real time basis. The system will automatically generate KRCN (“Kumari Remit Control Number”) number. The KRCN number is the number generated by the system for each transaction and is unique and this becomes the main basis for payment at the receivers’ end. The KRCN number is Alfa-numeric which consists of ten digits and starts with the alphabet “K” for international remittance and “KD” for domestic remittance.