Sanima Bank, NCHL sign agreement for NCHL-IPS system

Published On: September 5, 2016 08:45 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, Sept 5: Sanima Bank Ltd has signed an agreement with Nepal Clearing House Ltd (NCHL).

Bhuvan Kumar Dahal, the CEO of Sanima, and Nilesh Man Singh, the CEO of NCHL, signed the agreement amid a ceremony held on Monday.

"As per the agreement, Nepal Clearing House will provide NCHL-IPS system for interbank electronic payment service," a statement issued by the bank said.

"After installation of NCHL-IPS, customer of Sanima Bank will get facilities of direct debit and direct credit for payment and deposit in their account," it added.


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