August 2: Boom Remittance has announced partnership with Sewa Bikash Bank and Muktinath Bikash Bank for remittance transaction. “With the partnership, customers can receive money from the branches of both banks send through Boom Remit,” reads a press statement issued by the remit company. The memorandum of understanding (MoU) regarding the remittance was signed by Dhirendra Panta, Managing Director of Boom, Mahesh Prasad Kafle, CEO of Sewa and Bharat Raj Dhakal of Muktinath amid a program held on August 1.