Rastriya Banijya Bank Partners with NCHL to Boost Digital Transactions

An agreement has been forged between Rastriya Banijya Bank Limited and Nepal Clearing House Limited (NCHL) to facilitate digital transactions between customers of Rastriya Banijya Bank Limited in Nepal and Indian customers.

Through mobile banking and QR code technology, customers can conduct cross-border business transactions, making it easier to receive funds from India within Nepal, within the limits set by Nepal Rastra Bank.

The agreement, signed by the CEOs of both organizations, Devendra Raman Khanal and Neelesh Man Singh Pradhan respectively, aims to streamline financial operations.

Rastriya Banijya Bank Limited currently operates 287 branch offices across Nepal, providing various digital banking services such as Internet banking, mobile banking, and USSD mobile banking, among others.