Mobile Union mtxpress UK to Nepal Online Money Transfer Services

By Mobile Union Ltd, PRNE
Tuesday, August 31, 2010

LONDON, September 1, 2010 - Mobile Union Ltd announces the launch of mtxpress Nepal, in
association with Laxmi Bank, one of the leading banks in Nepal, and United
Remit, a business unit of the Chaudhary Group and the leading retail
remittance operator in Nepal.

The mtxpress service allows people to send money safely and
securely from the convenience of their home or workplace without the need to
visit a retail location. After registration online, with a simple
user-friendly interface, customers can then send money securely using their
debit card. Within seconds, the recipient is notified by SMS message that
their cash is available for collection at any of Lamix Bank's or United
Remits many locations across Nepal. Alternatively if a customer holds an
account at Laxmi bank, they may elect to directly credit that account, in
which case the funds are available to draw down the next banking morning.
There is no extra charge for this.

The convenience and ease of use of the service, even for
people less experienced with the internet, a competitive foreign exchange
rate and an affordable fee structure aimed at people wanting to send smaller
amounts of money, results in a compelling proposition for the Nepalese
consumer in the UK. Speaking about the service, Randall Harper, CEO for
mtxpress commented: "Many Non-Resident Nepalese send money home to support
their families and for other purposes. Our service is great value for
Non-Resident Nepalese living in the UK especially for those sending smaller
sums. With our global technology platform, and working in tandem with Laxmi
and United Remit, this means that money is available in seconds at the
heart of rural communities across Nepal. With Transaction Fees starting at
GBP2 to send as little as GBP20, our objective is to establish mtxpress as
the provider of choice for people to send money home to Nepal."

    For more information, please contact:

    Randall Harper
    Chief Executive
    Mobile Union Limited
    Tel: +44-20-7392-2644
    Mob: +44-7713-258767

For more information, please contact: Randall Harper, Chief Executive, Mobile Union Limited, Tel: +44-20-7392-2644, Mob: +44-7713-258767, Email randall.harper at

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