Friday, June 25, 2010

The Lowest Rate of Nepal-Qatar Corridor


The world bank evaluated that the cost of money transfer form Qatar to Nepal Corridor is the lowest rate due to the growing competition in remittance business.

Qatar-Nepal corridor takes 1.5 percent charge followed by bank 0.9 percent and other companies take 1.5 percent while the other corridor takes about 2 percent charge, said World Bank report.

In South Korea Money transfer companies take 6 percent charge while the Bank based companies take 3 percent charge. The USA based Banks take 5 percent and money transfer companies take 3 percent.

1 comment:

  1. Hi, The Foreign Investment Law No.13 of 2000 has also played an important role in stimulating economic growth. The law permitted up to 100% foreign ownership for the first time with company formation in Qatar in the sectors of agriculture, manufacturing, health, education, and tourism.Thanks.....

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