Prabhu Group Inc, d/b/a Prabhu Money Transfer, started its operations from March (2010) . Link to external site : Website for Prabhu Group |  |
| Class of Trade | Money Transfer Operator |
| Importance |
Leader Upgrade to Bronze |
| Based in | |
| Operates in | |
| Geographic Reach |
Nepal Register/Log In |
| Founded |
201003 Register/Log In |
| Partners |
Prabhu in Nepal operates the internationally recognised Prabhu systems which have tie-ups with State Bank of India (SBI) and other Indian Banks (total of 65,000 locations of any Bank Branch transfer) can remit to Nepal through Reserve Bank of India’s National Electronic Fund Transfer (NEFT) system. Prabhu has ties with Tahweel Al Rajhi (Saudi Arabia).
As of December 2012, the Prabhu Group has tie-ups in
- Bangladesh:10 banks instant cash payment and account credit with 22 banks
- Pakistan: 4 banks for cash payment and 22 banks for a/c credit
- Nepal :2000+ cash payment bank and agent networks and account credit same day with all banks/FIs
- Malaysia (23 +15 branches , with agents network and CIMB Bank Network 250 branches)
- Indonesia (cash pick-up, a/c credit to all banks)
- Philippines BDO, Land Bank, LBC Bank, Metro Bank, Philippine National Bank
- Sri lanka Sampath bank, Hatton and Bank of Ceylon
- Vietnam Dong Abank , Exim bank
- India HDFC, Indusind and ICICI
- UK Xpress Money
- USA MoneyGram
- Canada Fintrac Upgrade to Bronze |
| Roles |
Banking, Financial Services, Remittance Upgrade to Bronze |
| Class | |
| UserBase (m) | |
| Merchant Base | |
| Business Model | |
| Currencies dealt with |