Sindhu Bikas Joins NCHL-IPS

April 27: Sidhu Bikas Bank has signed the Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Sidhu Bikas Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Sanjeev Pradhan, CEO of Sindhu Bikas signed the agreement to this effect.

.Customers of the NCHL-IPS member banks and other financial institutions can receive and make payments directly within the system. The member banks can make payments of dividends, IPO refund, bill, pension, remittance, premium and social security allowances directly to the customers’ account.