Especially, the Nepali migrant workers residing across the world are facing hardships to conduct money transactions with their families in Nepal.

In the need of the hour, the NIC ASIA Bank, WorldRemit and OrbitRemit have come together to aid the customers facilitating them to send and receive money from more than 50 countries through online services.

The online transaction facility is available with any bank service. And, the remittance sender and receiver are now not required to visit physical banks.

The customers can login to www.worldremit.com/en/Nepal and www.orbitremit.com/ to transact the money.

Meanwhile, the NIC Asia Bank has deployed ‘Customer help desk’ in all seven Provinces amid this uncertain situation to provide 24 hours banking services to its customers across the country.

So far, Nepal has reported only nine coronavirus positive cases. However, the government has extended the nationwide lockdown until April 15, 2020 as the country has entered the second stage of coronavirus transmission.

As of now, the coronavirus has spread to 209 countries and territories around the world and has infected 1,523,304 people while claiming 88,846 lives.

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NIC Asia Bank, which is one of the major private sector commercial banks in Nepal, is marking the 20^th year of its operations today. The bank was initially registered as Nepal Industrial and Commercial Bank Ltd on July 21, 1998 and upon its merger with the Bank of Asia on June 30, 2013 it became known as the NIC Asia Bank.

The bank, which earned a profit of Rs 1.42 billion last year and holds a paid-up capital of Rs 6.69 billion currently, has 119 branches, 70 ATMs, and 4,000 remittance counters across Nepal.  In a statement issued to the press on Wednesday, the bank detailed its strategy to extend various types of loans and its plans to introduce the ‘score card model’ that would facilitate online transactions.

Through its corporate social responsibility program, the bank has been contributing to the development of various sectors such as environment, health and education.

NIC Asia was named as Bank of the Year (Nepal) by The Banker, Financial Times, UK in 2007 and 2013.

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