header banner
ECONOMY

NRB raises deposit limit for digital wallet to 30 transactions per day

KATHMANDU, Oct 8: The Nepal Rastra Bank (NRB) has raised the deposit limit for digital wallets operated by payment service providers, allowing up to 30 transactions per day. This increase primarily targets the festive seasons of Dashain, Tihar and Chhath, when transactions typically surge.
By No Author

KATHMANDU, Oct 8: The Nepal Rastra Bank (NRB) has raised the deposit limit for digital wallets operated by payment service providers, allowing up to 30 transactions per day. This increase primarily targets the festive seasons of Dashain, Tihar and Chhath, when transactions typically surge.


Previously, users were allowed to deposit money into their digital wallets up to 10 times per day. However, under the new provision, individuals can now make deposits up to 30 times daily.


Related story

Lending slows as banks focus on recovery of loans at fiscal yea...


This increased limit will be in effect from October 7 to October 17 during the Dashain and Tihar festivals and again from October 31 to November 7 for Chhath festival, according to the NRB.




Related Stories
ECONOMY

NRB proposes upper limit for e-transactions

ECONOMY

Revised interest rate corridor system introduced

ECONOMY

Mobile wallet cash transfer limit doubled

ECONOMY

NRB temporarily increases E-wallet deposit limit t...

My City

Two-day Huawei Digital Nepal Conclave 2022