hundi
Fintech
Probe into Nepali Payment Firms
In a move to crackdown on illicit financial activities, the Nepal Rastra Bank (NRB), the country’s central bank and regulatory authority, has launched an investigation into two prominent Nepali payment service providers – Prabhu Money Transfer and Sajilo Pay Payment Services. The investigation stems from suspicions of their alleged involvement in unlawful businesses such as […]
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r/Nepal
How does hundi exactly work?
I have been hearing a lot about hundi and seen some people using it. How does this really work? And why is the exchange rate higher than the banks’? View on r/Nepal by therryComato
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