Industries · Financial & Regulated
Remittance and payments
Remittance and payment companies are licensed by Nepal Rastra Bank and move large volumes on thin margins. Reconciliation, settlement and foreign exchange are where the numbers go wrong, and where regulators look first.
The questions that decide the numbers
What a remittance and payments business needs answered.
- 01Do settlements reconcile daily across agents, banks and partners?
- 02What does each corridor or product earn after costs?
- 03Are foreign exchange gains and losses captured correctly?
- 04Is reporting to the regulator supported by the ledgers?
Across financial & regulated
Two sets of numbers have to hold at once: the NFRS position and the regulator's. For banks and financial institutions the carve-out on loan impairment means provisioning is the higher of the NRB norm and the expected credit loss figure, so the accounting answer and the regulatory answer are not the same number. Capital adequacy, classification and disclosure follow from there. This is technical reporting work, and it is where precision matters most.
How we help
Services for remittance and payments
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