Muktinath Bikas Bank and Nepal Clearing House signs agreement for Government’s revenue collection system service

Muktinath Bikas Bank (MNBBL) and Nepal Clearing House (NCH) has signed an agreement regarding the Government’s Revenue Collection System Service. The service will be delivered from Muktinath Bikas Bank through Nepal Clearing House’s NCHL-ECC (Electronic Cheque Clearing) / NCHL-IPS (Interbank Payment System). This facility will be provided from all the branches of Muktinath BIkas Bank. So through this connectIPS e-Payment system, the bank’s customers can easily make tax payments to the government and other payments too.

To enable the service, the customers should create a User Id from www.connectips.com by putting all the information of the bank account and approval from bank. Through this service, the banks believe to provide relief to the customers from the long queues in tax offices, says the press statement.