Whether it is within the country or outside, there is a growing recognition for Chandra Prasad Dhakal’s role to bring remittance home through the formal banking channel. Just a few months ago, Dhakal received an award from president Dr. Ram Baran Yadav in bringing the highest amount of remittances in Nepal through his Global-IME Bank.

The recognition to IME chair does not last here. He was invited recently to addresses Money Service Business international meet. Dhakal delivered the keynote speech in the Regional Conference on Money Service Business (RCMSB) held in Kuala Lumpur of Malaysia.

Dhakal was invited by the Bank Negara Malaysia, the organizer of the event, to participate in the three-day conference, according to a statement issued by the IME Group.

“The risks of money laundering and terrorism financing are relatively low in Nepal through the use of private sector’s remittance channels, as migrant workers’ remittances constitute a large share of money transfers to Nepal with relatively low transaction value,” Dhakal said in his keynote speech, according to the statement.

The conference was attended by the representatives from World Bank, International Association of Money Transfer Network, regulatory agencies, commercial banks, money transfer companies, and experts in the money transfer business, according to the statement.