KANPUR: Migrant Nepalese workers can now send money faster from India to relatives or family members staying in any part of Nepal through Indo-Nepal remittance facility. Rajeev Dwivedi, RBI Deputy General Manager (Banking) said that Nepalese workers can receive money in cash or in bank account in Nepal through the branches of Nepal State Bank or the approved agents. The DGM said that Nepalese workers may send upto Rs 50,000 per remittance in India while the peers or family members will receive the amount in Nepalese rupee. He said that they can send money as many as 12 times in a year through this facility. The cost of this facility is Rs 25 to Rs 100. The cost will vary depending on the value of transaction and the manner in which friends or family members of migrant worker receive the funds. "To send the money through Indo-Nepal remittance facility, they do not need a bank account. This facility is available to both customers and non-customers of the banks at around 80,000 national electronic funds transfer (NEFT) enabled bank branches. They may contact the nearest bank branch for more details," Dwivedi added.
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