I Pay Reliable Remittance Pvt. Ltd which operates under the Brand name “ I - Pay Remit ” was incorporated on 4 NOV 2011 A.D. under the Company Act 2063 as per the Laws of Nepal. It took the Operating License from Company Registrar Office and Simultaneously took the Money Transfer license from the Central Bank of Nepal (Nepal Rastra Bank ) to conduct business as a remittance company in pursuant to section 3 of Foreign Exchange (Regulation) Act, 2019. It is regulated by NRB the central bank of Nepal.
It’s a 5 year Old Remittance Company having its Head Office at Tangal - 4 , Bhatbhateni, Kathmandu , Nepal. i-Pay remit operates in both business segment Domestic and International. Currently we operates in both Inward and Outward Remittance services segment in the domestic market segment and only Inward remittance services in International Market.
In a span of five year’s we have managed to grow our market share from 1% to 13% ranked fourth in terms of market share and has managed to grow as the as the number 1 (one) remit company in terms of business volume growth year on year , highest disbursement & Collection agents network, web based technology support system, real time online remittance management, Lowest transfer fee, alternate payout agent network, real time Payout from International corridors,
Our Module of business is in both B2B segment and B2C segment. Under business 2 business module we have tied up with various A class Commercial Banks, financial Institution, Corporate firm, Investment Companies, Various remit and sub- remit companies registered under laws of Nepal. Under the business 2 consumers segment we have our own branch network to facilitate the services of remittance. Apart from that IPay has started online remittance service in both International & Domestic segment.
IPay Remit with both its Web based and Non- Web based services through its Internationals Business Associates has helped more than 1 Million Migrant workers to send their hard earned money to their families residing in Nepal through fast ,safe and reliable way by using various cutting edge technologies and collaboration from Saudi Arabia, Malaysia, Qatar, Bahrain, UAE, Kuwait, Oman, UK, Australia and others.
- To be the Most Preferred and Leading Remittance Company in Nepal in terms of Quality service, Customer satisfaction, Network and Excellent Corporate Governance.
- Setting up Next Generation Dynamics of Remittance Company in Nepal.
- Transforming Current Remittance business structures of Nepal.
- Standardization of Remittance Activities to create a global benchmark.
- Protection of Interest of remit agent and remitter.
- Cutting down of remittance service cost to benefit the mass.
- Business Module transformation from Physical Money to Digital Money.
- To be the first choice and Most Preferred among the Remitter.
- To be the number 1 remittance company of Nepal in all aspects of business.
- Further expansion of Agent Network to reach the Rural and Remote Location.
- To Provide Lowest transfer fee with competitive Exchange rates.
- To Provide hassle free transfer services to Remote Location too.
- To Provide 365 days remit services in Nepal.
- To Provide 24/7 & 365 days web based online remittance services.
- Installation of Alternative Payout Agent in Various
Board of directors
Suhrid Raj Ghimire (Chairman)
Mr. Suhrid Raj Ghimire, the founder Chairman of Continental Group which is one of the Nepal’s most premier business houses, He has over 30 year’s experience in Investment, Finance, Distribution, Manufacturing, Transportation, Agency and Real estate Business. Mr. Ghimire has a very strong involvement and experience in Banking and Finance sector in Nepal. Mr. Ghimire is one of the major Promoters of Global IME Bank Ltd, ICFC Finance Ltd, Reliable Finance Ltd and Nepal Investment Bank Ltd. Mr. Ghimire is also the founder Member & Chairman of Tilganga Eye Hospital located in Kathmandu, Nepal
Purushottam Poudyal (Director)
Mr. Poudyal commands widespread respect and admiration for his business Acumen. He has a very extensive involvement and experience in banking and finance industry in Nepal. Mr. Poudyal’s focused vision, undivided dedication and constant efforts has help the group to develop strategies for its ceaseless growth. He understands marketing very well and has proven it in guiding Continental Group with a sound Vision and Strategic framework as the Vice-president of the group. His self-confidence and creativity has set him apart, and has made him Outstanding from the rest of the People.
Indra Prasad Sharma ( Executive Director )
Mr. Indra Prasad Sharma has a vast 8 years experience in the Nepalese financial market as a young professional. In the Past Mr. Sharma held the directorship in Lord Buddha Finance Ltd. for 4 years, which was later merged with two prominent financial institutions of Nepal namely Global Bank Ltd. and IME Financial Institution Ltd to become Global IME Bank Ltd. Under his directorship, he played a key role in providing strategic support to Lord Buddha Finance and also played a Prominent role in the merger process. He has also been involved in Nawa Rajdhani Capital Investment and Securities Pvt. Ltd., as the chairman and holds directorship of Lord Buddha Investment Pvt. Ltd. In addition to these, he has been providing financial consulting services to various companies in Nepal. He has been also sharing his experience as a lecturer in a reputed National college i.e Shankar Dev Campus. He is currently working as the Executive Director of I pay Reliable Remittance Pvt. Ltd.
Aasis Poudyal ( Director)
Mr Aasis Poudyal is currently the Cheif Operating Officer of Continental Solutions Seattle App Lab (Nepal) Pvt. Ltd. Continental Solutions Seattle App Lab (Nepal) Pvt Ltd is Software Company based in Kathmandu which provides integrated solutions to its clients in USA, Europe and South East Asia. He also serves as promoters in Reliable Development Bank, ICFC Finance Company, Chayya Devi Center and Continental Solutions Pvt. Ltd.