Yeti Development Bank Enters NCHL-IPS

February 20:  Yeti Development Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement carried out on February 19, NCHL will provide NCHL-IPS service for electronic payment system to the bank. 

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