Four Companies Joins Interbank Electronic Payment System

Apr 09, 2018 Merolagani

Green Development Bank, Lalitpur, Synergy and Janaki Finance have joined Interbank Electronic Payment System (NCHL-IPS). The companies signed separate agreements with Nepal Clearing House in this regard.

In the agreement, Nilesh Man Pradhan, CEO of NCHL-IPS and Baikuntha Raj Timsina, CEO of Green Development, Surendra Bahadur Nuche Pradhan, CEO of Lalitpur Finance, Binit Mani Upadhya, CEO of Synergy Finance and Rajneesh Kumar Singh, CEO of Janaki Finance signed on behalf of their respective organization.

A total of 74 banks and financial institutions (BFIs) have been associated with NCHL-IPS till date.

Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. Under the system, customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments.

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