Nepal Bangladesh (NB) Bank has entered into an agreement with Oman International Exchange LLC to extend inward foreign currency remittance facility to the Nepalis working in Oman.

Govinda Babu Tiwari, chief executive officer of NB Bank, and Warit Mubarak Said-Al Khurisi, chairman of the Oman International Exchange LLC, signed a Memorandum of Understanding (MoU) to this connection, said a press release issued by the bank.

Going by records, there are more than 10,000 Nepalis working under foreign employment in Oman. With the signing of the MoU, the bank expects to extend simplified and trusted remittance service to the targeted people.

Oman International Exchange LLC extends remittance service from its 12 branches spread in different locations of Oman.