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City Express, NCHL sign pact for payment system

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KATHAMNDU, March 13: City Express Money Transfer and Nepal Clearing House Ltd (NCHL) have signed an agreement to provide inter-bank electronic payment system. The agreement paves the way for clients of City Express Money to receive via electronic payment system from banks located in Nepal.


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Chandra Tandan, managing director of City Express Money Transfer, and Nilesh Man Singh Pradhan, CEO of Nepal Clearing House Ltd, signed the agreement, according to a statement issued on Monday. "With NCHL-IPS, clients of City Express in Nepal can get payments directly into their own bank account," it added.

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