December 20: Pokhara Finance has entered Interbank Electronic Payment System (NCHL-IPS) of Nepal Clearing House Limited (NCHL). The Clearing House made an agreement with Pokhara Finance regarding NCHL-IPS on December 19. According to the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance.
Neelesh Man Singh Pradhan, CEO of NCHL and Raj Kumar Gurung, CEO of Pokhara Finance signed the agreement on behalf of their respective organisation.
Under the NCHL-IPS system, customers can withdraw and make the payments from any accounts of the member banks and financial institutions. Under this service, customers can make the payments of money, dividends, IPO refund, bill s, premium, social welfare allowance, pension/salary, remittance and any other types of payment services.
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