The money transferred through this product will be on real time basis.
The system will automatically generate a RAD number. The RAD number is
unique number generated by the system per transaction, which will be
the main basis for the payment. The RAD number consists of ten digits.
| 1. |
.The remitter will make request for fund transfer to pre-agreed
location against cash deposit and he/ she is required to fill all
details i.e. name, id number, currency & amount etc.
|
| 2. |
Based on the information provided by remitter, remitting agent shall
information all datas to the system and upon approval of transfer a RAD
number will be generated by the System, which will be provided to the
remitter. |
| 3. |
The remitter will have to pass RAD No., amount and nearest location
from where money is to be collected details to beneficiary. The
beneficiary will go to the pre-arranged payment location and claim the
amount. The payment location will be either be Himalayan Bank branch or
HBL agent. |
| 4. |
For the payment to be paid from the HBL branch, the branch upon
confirmation of RAD number and identification of beneficiary will make
payment. |
| 5. |
For the payment to be paid from other authorised agent, agent shall
make payment upon confirmation of RAD number, Identification after
receiving authorisation from Himalayan Bank Limited. |
| 6. |
For the payment to be credited to the account with HBL and/ or other
banks in Nepal, payment details i.e. beneficiarys’ name, account
number, bank/ branch name and amount etc. will be provided entered in
Himalremit. Based on the information availed through the System, HBL
will arrange to make deposit to the beneficiary’s account. HBL will
arrange to make deposit to beneficiary’s branch through its branch,
where HBL has branch or through its agent, where HBL doesnot have
branch. |
| 7. |
Account credit confirmation will be provided to Remittance Service
Department by HBL branch/ paying agent will be passed on to the
Remitting agent. |
| 8. |
. Paying agent after making the payment will send the confirmation of
payment to Himalayan Bank which will be send to remitting agent as
confirmation of payment. |
| 9. |
The system facilitates remitting agent(s) to browse the status of
particular payment on the basis of RAD number. |
