UK based international remittance company Mobile Union has joined forces with Nepalese financial services provider Laxmi Bank and Nepal-based retail remittance operator  United Remit, a business unit of the Chaudhary Group, to launch remittance service mtxpress in the UK.

With the new service, non-resident Nepalese people can deliver money home without having to visit a retail location. After completing the online registration process, consumers can send money to the desired recipient via a debit card. The recipient will be notified through an SMS that their cash is available for collection at any of Lamix Bank's or United Remits locations across Nepal. Customers who own an account at Laxmi bank can choose to directly credit that account, in which case the funds are available to draw down the next banking morning.

mtxpress is a service that offers peer-to-peer remittances via the internet. mtxpress will be rolled out globally during 2010, focusing on the South East Asia and African corridors.