On October 30, Khalti launched wallet to bank money transfer facility, enabling its users to transfer balance available in their Khalti to their bank accounts. With the launch of this facility, Khalti also introduced a dedicated ‘withdraw’ section on the Khalti app and website from where users can proceed to bank withdrawal. Currently, this facility is available for the users having a bank account in Nepal Investment Bank Limited only. More banks are going to be added in the near future.
Announcing the launch of money transfer facility, Manish Modi, Managing Director of Khalti said, “When we launched Khalti, we embarked on a goal to replace the physical wallet. By adding withdraw feature, we have expanded the capabilities of digital wallet beyond payments. This feature will be especially useful to those who have to transfer small sums of money on a regular basis. Khalti is ensuring that financial transactions and money transfers services are going digital.”