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Why choose Progressive Bank?
Progressive Finance Limited is a Public Limited Company established on 14th Ashwin, 2051 under the Company Act, 2021 BS, and operates as a C-class licensed financial institution under Nepal Rastra Bank 2062 31'1' Act. Situated at the heart of Kathmandu - Pako, Newroad, the company commenced its operations on 14th Falgun 2052 BS and later changed its name to Progressive Finance Limited from Merchant Finance Limited in 2067, following the approval of the company's Annual General Meeting, Nepal Rastra Bank, and Company Registrar's office. With a public issuance of 120,000 shares in 28th Shrawan 2064, and the subsequent issuance of 59,01,000 entitled shares in the ratio of 1:2.81, the company has accumulated a total capital of Rs. 80,01,00,000 as of 15th Baishakh 2076. Renowned for offering attractive interest rates and prioritizing customer satisfaction, Progressive Finance Limited has established itself as a reputable and dependable financial institution in Nepal. With a focus on fulfilling customers' financial needs through various schemes and facilities, the company provides a secure option for depositors to grow their savings and enjoy attractive returns on their investments.
Don’t just take our words for it
We have thousands of happy Remitbee users to back it up
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Krsna
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Sending money to Nepal with RemitBee was a game-changer! They made it so simple and worry-free, I'm impressed!
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Adarsh
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I can't thank RemitBee enough for their amazing service. Sending money to my family in Nepal is now a joy!
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Mina Aakarshan
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RemitBee has become my trusted companion for sending money to Nepal. It's like they truly understand my needs!
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Easy with Remitbee
How to Send Money to Progressive Bank

Set up a free Remitbee account

Sign up for a free Remitbee account to access a secure platform and your personalized Remitbee Wallet.

Secure Verification

Provide the necessary personal information and undergo a verification process for enhanced security.

Select Bank Details & Payment Method

Enter the recipient's bank details, including the bank name and account number. Choose between money pick-up or direct deposit based on your preference.

Monitor CAD to NPR Rates, Transfer Funds, Confirm Transaction

Stay updated on real-time CAD to NPR exchange rates. Specify the desired amount to send, select your preferred payment method, and confirm the transfer, considering daily fluctuations in exchange rates.

Track Your Transfer Progress with Remitbee App

Effortlessly monitor your transfer's progress using the Remitbee app, eagerly awaiting the safe arrival of your funds in Nepal. Congratulations on the successful completion of your transaction!

Make a Positive Impact

Make a positive impact by supporting your loved ones in Nepal with online money transfers. Remitbee ensures a reliable and user-friendly service.
Send to all major banks in Nepal
Nepal Investment Bank
Napil Bank
Global IME Bank
SBI
NMB Bank
Everest Bank
Cash PickUp Services also available
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What information you’ll need to
complete the transfer

    Wire transfer to bank account

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    Recipient's name: Ensure accuracy to prevent processing delays.
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    Address: Provide the branch address for precise fund routing.
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    Bank Name: Specify the Nepal bank's name for the transfer.
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    Account Number: Include the recipient's account number for a seamless transaction.

    Cash pickup

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    Name : Confirm the recipient's full name for fund collection.
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    Recipient Phone number : Provide the recipient's contact number.
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    Pickup Location : Specify the bank or financial institution's name for fund pickup.
How Remitbee calculates the CAD to Progressive Finance (Nepal) exchange rate
At Remitbee, our top priority is to provide you with highly competitive exchange rates for the Nepalese Rupee. We continuously review these rates to keep fees at a minimum. While some services, such as bill payments, Interac transfers, and debit card payments, may have nominal charges, using the Remitbee Wallet comes with no extra costs. Transparency is fundamental to our approach, and you can easily access the applicable fees directly within our application before initiating your money transfer to Nepal.

What are the benefits of sending
directly to Progressive Bank In Nepal?

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Advanced Security

Your transactions are protected by Remitbee's robust security measures on their secure online platform, ensuring complete peace of mind.

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Swift Transfers

Enjoy quick and efficient processes that guarantee prompt and secure delivery of your funds to the intended recipient.

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Ultimate Convenience

Embrace the simplicity of completing transactions from the comfort of your home, eliminating the need for in-person visits or complicated procedures.

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Instant Access

Gain immediate access to your funds as soon as the transfer is completed, enabling you to utilize the transferred amount seamlessly and without any unnecessary delays.

Check Out Our Refer and Earn Program!

Embark on an exciting adventure through RemitBee's referral program and unlock amazing rewards and cash opportunities! When you successfully refer someone, you'll receive a generous $20 reward, and your friends will delight in an incredible $10 reward for their first transaction using your exclusive referral code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With unlimited referral potential, your earnings can soar to new heights. Spread the excitement and begin your earning journey with RemitBee today!
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Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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Frequently Asked Questions
Yes. You can send money from Canada to Progressive Bank in Nepal using RemitBee.
Discover the convenience and benefits of RemitBee's comprehensive range of payment options, carefully curated to provide you with flexibility and ease for all your transactions. Explore a diverse selection of convenient methods, including Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer, and Visa or Mastercard Debit. With these versatile options available, managing your payments becomes effortless, ensuring a seamless and stress-free experience. Immerse yourself in RemitBee's payment solutions and embrace the convenience they offer to simplify your financial transactions.
Experience a seamless and stress-free journey with Progressive Finance's user-friendly fund transfer system, offering you peace of mind and confidence. Enjoy the convenience of swift deposits into the recipient's account and effortlessly track the expected arrival time. With most transfers processed within one business day and some completed within minutes, you can rely on Progressive Finance's commitment to fast and efficient delivery, ensuring a seamless experience from start to finish.
Discover the unparalleled convenience and benefits of RemitBee's comprehensive range of payment options, meticulously crafted to provide you with flexibility and ease for all your transactions. Explore a diverse selection of convenient methods, such as Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer, and Visa or Mastercard Debit. With these versatile options available, managing your payments becomes effortless, ensuring a seamless and stress-free experience. Immerse yourself in RemitBee's cutting-edge payment solutions and embrace the unparalleled convenience they provide to simplify your financial transactions.

Transfers exceeding 500 CAD come with the added benefit of fee-free transactions, offering significant cost-saving advantages. For transfers below 500 CAD, the following fee structure applies:

  • Interac Online: $2.99

  • E-transfer: Free

  • Bill Payment: Free

  • Electronic Funds Transfer: Free

  • Visa or Mastercard Debit: $2.99 or more

Discover the various verification levels that determine the maximum transfer limit when sending CAD to NPR:

  • Level 1 Verification: After completing Level 1 verification, customers can send up to 600 CAD per month or a maximum of 300 CAD per day.

  • Level 2 Verification: Progressing to Level 2 verification unlocks higher limits. With Level 2 verification, customers can transfer up to 3,000 CAD daily and 25,000 CAD monthly.

  • Level 3 Verification: For larger transfers to a Progressive Finance account in Nepal, Level 3 verification is recommended. With Level 3 verification, customers can send up to 9,000 CAD daily and 50,000 CAD monthly.

  • Level 4 Verification: Additionally, we offer Level 4 Verification, allowing customers to send even larger amounts.

    Please note that our verification process is a one-time requirement. Once customers have been verified, no additional documents are necessary.