Investment Bank launches its own digital wallet ‘Thaili’

Kathmandu, March 17

Nepal Investment Bank Limited has launched its own digital wallet ‘Thaili’.

In the current situation, the digital wallet has been brought into operation to reduce the situation where the customer has to physically go to the bank and ATM, the bank said. From this wallet, customers can easily send money from their own smartphones, the bank said.

The bank has launched its digital wallet ‘Thaili’ just a few weeks after the nation recently increased the limit on cash remittances from mobile banking.

According to the bank, “Through this wallet, the bank’s customers can easily and securely send, receive and view account details.” The bank has also clarified that no fee will be charged for this.

 Customers can link their bank account through Thaili’s mobile app and web portal, the bank said. The bank has also stated that people can use each other’s wallets for free. The bank has stated that the facility of sending and receiving money from other agent networks, agencies and merchants will be added soon through various wallet fund transfer, cash in, cash out and other activities through the wallet.

Similarly, the bank has also made public the Thaili overdraft loan service. The main objective of the loan service is to provide loans to small and medium enterprises, overdrafts to grocery stores, loans to merchants and small entrepreneurs, the bank said.