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Remittance Services

Siddhartha Development Bank Ltd (SDBL) is one of the leading National Level Development Banks of Nepal established on June 1999. The Bank has been running successfully in its 12th year of operation serving the people and the nation. The Bank has sole aim of getting the exclusive confidence of the Nepalese market by rendering the services of global standard through professional & quality management.

The Bank has been serving Nepalese public with great pleasure and professionalism with support of experienced promoters and dedicated team. In this connection, we have been successfully offering our own remittance product 'SDBL Trust Remit' throughout nation for last three years. This is a web based product which is secure, prompt and convenient and is user friendly as well. We have been delivering the remittance services through our agents, all are financial institutions, from more than 500 different locations covering all districts in Nepal. Moreover, our bank has its own network of 18 branches and 18 ATM's spread throughout Nepal. The bank has already expanded its SDBL Trust Remit in international arena as well with brand "SDBL Trust Remit". We have recently started the inward remittance from Australia and Malaysia successfully. The details of the same are mentioned below

SDBL Trust Remit Networks

Please Find Attachment in PDF Format : Download

Inward remittance from Australia & Malaysia by SDBL TRUST REMIT

Australia :


1. Approved from Nepal Rastra Bank.

2. Fast, Reliable, Affordable & Convenient.

3. Instant receipt of fund through Online Payment System.

4. Immediate deposit of received fund by opening account in SDBL.

5. Attractive interest rates on deposits.

6. Facility of depositing received funds in accounts maintained with other Banks & Financial Institutions as well. 

7. Relief from disclosure of source of income due to funds received from banking channel.

8. Instant receipt of funds in Nepal thorough SDBL Trust Remit Network.

Contact Address of our agent in Australia :

Prolific Nepal Pty. Ltd.
68 Wiseman Circuit, Ropes Crossing NSW 2760
NSW, Australia
Email :

Contact Person Address Contact Number
Mr. Sumesh Mathema
Australia, Sydney
Optus Prepaid : 0411278017, Vodafone : 0434286490
Mr. Prakesh Shrestha
Australia, Sydney
Three : 0403541537
Mr. Shiva Kumar Maharjan
Australia, Perth
Phone: 0432794897
Mr. Dinil Shakya
Australia, Melbourne
Phone: 0413892471


Malaysia :


Contact Person :- Indra Raj Giri
Hand Phone No.:- +6 012 306 1135

Crystal Remit Worldwide Sdn. Bhd. (829352-K)
No. 103 Ground Floor Jalan Tun H. S. Lee
Kuala Lumpur 50000, Wilayah Persekutuan Malaysia
Tel: +6 03 2072 1325, Fax: +6 03 2072 1334




INCENTIVE REMIT (M) SDN BHD Address Contact Number
Head Office
Unit 4-8, 4th floor Wisma Konwa, No 40&42 Jalan Tun Perak , 50050 Kuala Lumpur, Malaysia
Tel : 03-20315258
Rawang Branch
13-A, Jln Bandar Rawang 1 Pusat Bandar Rawang 48000 Rawang, Malaysia
Tel : 03-60918969
Port Klang Branch
No 52, Tingkat Bawah, Lebuh Beringin, Off Persiaran Raja Muda Musa, 42000 Pelabuhan Klang,Selangor, Malaysia
Tel : 03-31650431
Malim Jaya
No 9-1, Jln Malim Jaya 2/7 Taman Malim Permai 75250 Melaka, Malaysia
Tel : 06-3361548



SDBL has also been providing prompt, convenient and reliable internal remittance service for the funds received from abroad by various remittance companies through our own "SDBL Trust Remit".; like, Western Union, International Money Express (IME), BOK Money Transfer, City Express, Krishi Premura etc... Which have tract good history regarding high standard money transfer Services Besides; SDBL has its own product of money transfer service named "SDBL Trust Remit" that covers countrywide network.

The Bank aims to cater the prompt and reliable money transfer services with in all geographical boundaries of country with global network.

  • Outward SWIFT Transfer
  • Inward SWIFT Transfer
  • Remittance/Bank Drafts
  • Travelers Cheques
  • International Multi-Currency Cheque Clearance
  • Correspondent Banking
  • Western Union Money Transfer
  • Krishi Premura

Outward SWIFT Transfer

SDBL has its network with Nepal Industrial and Commercial Bank Ltd. to provide efficient banking services across the world. SWIFT transfers can be made with in specified country having NIC nostro A/c. Outward Swift transfers take very short time to receive proceeds to the payees account.

Customers need to fill up SWIFT Transfer application form for transfers, with the details of the payee and the account to be debit to make transfers (if applicable).

Inward SWIFT Transfer

Our customer could receive easy and quick transfer of money from any part of the world by SWIFT Transfer via BOK Network.

Remittance/Bank Drafts

Our global network make the customers enable to issue Drafts/Remittance to the destination country easily and efficiently.

Travelers Cheques

SDBL will issue the Travelers Cheque to the customers who want to make trips to foreign countries and it also accepts the Travelers Cheques issued by other banks.

International Multi-Currency Cheque Clearance

SDBL with its global network assures the clearance of International Multi-Currency Cheques by COLLECTION.

Western Union Money Transfer

SDBL sign an agreement with Annapurna Travels (Kathmandu) a principal agent of Western Union Financial Services, to carry out money transfer business. This enables our customers to receive money from their loved ones across the world, reliably and conveniently.
I personally feel that the SDBL's image has developed quite a lot and it is definitely a Value for Financial Institutions. and I want to give heartful thanks for providing such a quality services with great customer support.
Prakash Thapa (ITWeb Developer)
TEL.: +977-01-5199232 | FAX.: +977-01-5199470
Copyright © 2009 Siddhartha Development Bank Limited. All Rights Reserved.
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