LICENSING AND COMPLIANCE

NOW LICENSED IN CANADA

Unlimited Remit is incorporated in Canada as Asimit Remittance Ltd and is now fully licensed as a Money Services Business besides many of the other countries and jurisdictions.

LICENSED AND COMPLIANT

Unlimited Remit is licensed in various countries and jurisdictions. In this process of the growth, the most recent license that we have received is from FINTRAC of the Government of Canada,The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada's financial intelligence unit. Its mandate is to facilitate the detection, prevention and deterrence of money laundering and the financing of terrorist activities, while ensuring the protection of personal information under its control.

Instant Remit

Your beneficiary will receive the money within minutes. All transactions are paid out in real time.

Send Large Amounts

Each transaction limit is NPR 10 lakhs but multiple transactions can be sent every day. Send large transactions through multiple transactions as long as each transactions is NPR 20 lakhs each

Made in Nepal

Our solution is developed in Nepal with love. Share our pride that a Nepalese company is able to build a global fintech solution and support by providing IT bsuiness

UNiversal Currency Account

The Universal Currency Account (UCA) is a versatile and comprehensive financial solution designed to simplify and streamline international business transactions. It centralizes the management of international transactions, enabling businesses to efficiently Receive, Hold, and Send funds in multiple currencies through a single account. This eliminates the need to maintain multiple bank accounts in various countries, reducing complexity and administrative burden. Businesses can receive payments directly into their UCA in various currencies, enhancing customer satisfaction and simplifying the payment process. The UCA also allows businesses to hold multiple currency balances, minimizing the need for frequent conversions and reducing currency risk. Additionally, it facilitates international payments to suppliers, partners, and employees, supporting smooth and efficient global operations. By consolidating various currency-related transactions into one account, the UCA helps businesses save time, reduce costs, and improve overall financial efficiency in the global market. Read More

Become Our Representative


With a vision to grow exponentially, we are contemplating approaching a Nepali-run business in the US and Canada to increase our customer base. As the Nepali-run business has close ties with the Nepali community, we want to collaborate and work cohesively with you to enhance our outreach and presence in the US. We propose to work on a revenue-sharing model, demonstrating our commitment to fostering mutually beneficial partnerships.

More details.....

We have more than 50

Partners


All the transactions
from our Phone app

You can now download our app and do all of the transactions directly from our phone app. Ensure that you have the phone app in your phone now.

Transfer money from these regions

Transfer money from these countries

Frequently Asked Questions

Why can't I log in?

 You should be able to log in with your existing password. In case, this is not possible, please try using the “Forgot Password” option and attempt to log in again. Make sure you’re using the correct email address registered with your account or the correct mobile number along with the country code. Since these are store value accounts, an additional layer of security is now added as two factor authentication. After you have entered your email and password correctly, your PASSCODE is sent to your email ID. You need to enter these six (6) digits to gain access to your account. In case you fail your password three (3) times, as a security precaution, you account gets locked. You would need to contact the support team to get your account unlocked.  

I forgot my password and couldn’t log in.

Use the “Forgot Password” feature on the login page to reset your password. Make sure you’re using the correct email address registered with your account or the correct mobile number along with the country code. Since these are store value accounts, an additional layer of security is now added as two factor authentication. After you have entered your email and password correctly, your PASSCODE is sent to your email ID. You need to enter these six (6) digits to gain access to your account. In case you fail your password three (3) times, as a security precaution, you account gets locked. You would need to contact the support team to get your account unlocked.

Why does the UI look different from the old one?

We have migrated to a new and improved platform with an updated user interface for a better experience. The main feature is that we are giving each user a named bank account in Wells Fargo Bank at no charges to our existing users. Since remittance is only one of the many functions that is available in our platform, we had to upgrade and build a totally new platform in order to serve you better as a customer.

The new UI is different, and I don't understand how to use it.

You can download the user manual from the login page for step-by-step guidance on how to create a new user. There is another manual you can download after you have logged in situated in the left hand panel. This manual will give you instructions on how to use the platform better.

Why are my old transactions not visible?

We have migrated all of your old transactions into the new platform. In case you are not able to view your old transactions, kindly let support know so that we can troubleshoot this and ensure that the transactions are shown in your account.

What are the benefits of having our account on Wells Fargo?

The primary benefit is that you now have a named account under your own name, offering more transparency and control over your funds. You can deposit funds into this account and you can hold funds, which is being held in Wells Fargo Bank for as long as you want. You can do payouts from this account across multiple countries, including in the US itself. You can do the remittance as in the old platform. More features will be added in the near future, including offering you a multi-currency card for your expenses.

What’s the difference between a named account and a pooled account?

• A named account is opened under your own name with a unique account number.
• A pooled account is in our company name, but the funds are segregated to each wallet user within our system.
Named accounts provide better security and compliance with banking regulations. 

I don’t see the old linked cards I had on the previous platform.

For security reasons, all saved card details were not migrated. You’ll need to link your cards again on the new platform.

My old beneficiaries are missing.

We have migrated all your beneficiaries from the old platform to the new platform. In case you do not see the benefiary, you can add them again. This is one time only process and does not take too long.

Do I have to pay any fees for using this service or getting a named account?

No, the service is free. You do not need to pay any additional fees for having a named account.

Is the fund in my account safe?

Yes, your funds are completely safe and is FDIC insured. Your account in our platform is a Wells Fargo account, and is FDIC insured (FDIC #3511) up to USD 250,000 per depositor, for each account ownership category, in the event of a bank failure. We use secure banking channels and comply with industry-standard security practices.

Is there any difference in payout time compared to the old platform?

No, there is no difference. The payout time remains the same as before. We do plan to go to realtime payouts for remittances in the near future as we have developed this platform in the most modern technologies.

Is there any change in remittance charges or exchange rates?

No, the remittance fees, charges, and FX rates remain the same as the old platform.

On the old platform, we used to log in with a phone number. Now we have to log in with an email. Why?

For improved security and to align with global banking standards, we now require login via either email or phone no, though the preferred method is through phone no. This also allows for easier password recovery and communications.

Where do I find my account number and routing number on the new platform?

You can find your account and routing number in the Dashboard or under the Profile section after logging in.

Where do I find my account number and routing number on the new platform?

You can find your account and routing number in the Dashboard or under the Profile section after logging in.

What do people say about us?




We are PCI DSS 4.01 Certified. Again!

PCI certification ensures the security of card data in our platform through a set of requirements established by the PCI SSC. These include a number of commonly known best practices, such as:
* Installation of firewalls
* Encryption of data transmissions
* Use of anti-virus software
In addition, we also must restrict access to cardholder data and monitor access to network resources.
PCI-compliant security provides a valuable asset that informs customers that your business is safe to transact with.

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