Company starts Japan-Nepal money transfer business

Japan Money Express has formally started its operation to provide reliable service to the Nepalese people working in Japan through its 400 agents in Nepal.

JMC is the first money exchange company established in Japan through the investment of Nepali investors in July 2010 and licensed by the Nepal Rastra Bank in May 2011 for its operation.

The company also said that it aims to bring some 3 billion remittances to the country by providing service to some 25,000 customers living in Japan within the first year.

It also believed that as remittance has been playing positive role and making important contribution in the country’s economy, establishment of this new company will also play similar role to contribute in Nepalese economy.