Esewa Money Transfer, a digital-first remittance company under F1Soft Group, and GS Cashline, a leading remittance company based in Cyprus, entered into an agreement to provide remittance services.

With this agreement, Nepalis living and working in Cyprus can remit money to Nepal by reaching out to all 40 branches of GS Cashline.

Meanwhile, the beneficiaries in Nepal can receive remittances from more than 13,800 dedicated remit agents, 100,000 cash pick-up enabled wallet agent locations of Esewa Money Transfer and banks and financial institutions. The agreement was signed between Ajesh Koirala, CEO of Esewa Money Transfer, and Stavros Stavrou, CEO of GS Cashline.

Speaking on the occasion, Koirala said that the partnership would make it easier for Nepalis residing in Cyprus to send money to Nepal in a fast, secure and convenient way.

GS Cashline also offers digital remittance services, removing the hassles in sending money to Nepal. CEO of GS Cashline, Stavrou stated, "Through this partnership, we anticipate facilitating a more seamless process for Nepalis residing in Cyprus to send money to Nepal. Our assurance lies in the efficacy of our global payment infrastructure, real-time processing capabilities, and collaborative knowledge exchange with Esewa Money Transfer, which collectively aim to enhance the speed and affordability of money transfers to Nepal.”

Esewa has been providing remittance services to Nepal from more than 200 countries.