Mobile Union mtxpress UK to Nepal Online Money Transfer Services

September 1, 2010

LONDON, September 1, 2010 /PRNewswire/ — Mobile Union Ltd announces the
launch of mtxpress Nepal, in association with Laxmi Bank, one of the leading
banks in Nepal, and United Remit, a business unit of the Chaudhary Group and
the leading retail remittance operator in Nepal.

The mtxpress service allows people to send money safely and securely from
the convenience of their home or workplace without the need to visit a retail
location. After registration online, with a simple user-friendly interface,
customers can then send money securely using their debit card. Within
seconds, the recipient is notified by SMS message that their cash is
available for collection at any of Lamix Bank’s or United Remits many
locations across Nepal. Alternatively if a customer holds an account at Laxmi
bank, they may elect to directly credit that account, in which case the funds
are available to draw down the next banking morning. There is no extra charge
for this.

The convenience and ease of use of the service, even for people less
experienced with the internet, a competitive foreign exchange rate and an
affordable fee structure aimed at people wanting to send smaller amounts of
money, results in a compelling proposition for the Nepalese consumer in the
UK. Speaking about the service, Randall Harper, CEO for mtxpress commented:
“Many Non-Resident Nepalese send money home to support their families and for
other purposes. Our service is great value for Non-Resident Nepalese living
in the UK especially for those sending smaller sums. With our global
technology platform, and working in tandem with Laxmi Bank and United Remit,
this means that money is available in seconds at the heart of rural
communities across Nepal. With Transaction Fees starting at GBP2 to send as
little as GBP20, our objective is to establish mtxpress as the provider of
choice for people to send money home to Nepal.”

    For more information, please contact:

    Randall Harper
    Chief Executive
    Mobile Union Limited
    Tel: +44-20-7392-2644
    Mob: +44-7713-258767
    Email randall.harper@mobiileunion.net

SOURCE Mobile Union Ltd

Source: newswire

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