Kathmandu, December 14:

United Remit, one of the leading remittance firms in Nepal is appointed as a super agent of MoneyGram International, in Nepal.

Apart from itself, United Remit will appoint partner agents in Nepal to offer the MoneyGram International money transfer service. It will now be able to offer its international money transfer service in Nepal through its aggressive network expansion plan.

“United Remit has also inaugurated its first ever MoneyGram Flagship Store — MoneyGram Red Shop — with a dedicated Customer Service Centre at Nepal Scout Building, Lazimpat,” states a press release.

“We are pleased to be associated with MoneyGram and we look forward to an exciting and fruitful relationship,” Basant Kumar Chaudhary, Chairman, United Remit, said adding that MoneyGram’s money transfer service will add value to the customers as well as to those of our partner agents and widen the array of services MoneyGram International Inc is a leading global payment services company and S&P MidCap 400 company. The company’s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers.

MoneyGram is a New York Stock Exchange listed company, with $1.16 billion in revenue in 2006.