Inter-Bank Payment System

 

 

RFL –  Interbank Payment System (IPS)

Reliance Finance Limited has associated with Nepal Clearing House Limited (NCHL) to provide NCHL-IPS service to the customers. NCHL-IPS is a system to safely and efficiently tranfer funds from one account to any other account held at any of the participating member banks & financial institutions (BFIs). It supports account to account payments (Direct Credit) and collection (Direct Debit) related transactions. The underlying transaction could be for various pruposes defined as products.

 

Benefits:

  • Alternative payment options other than cash and cheque.
  • Ease of payment and collection directly to/ from any bank account to any other bank account.
  • Supports standing instruction based payments and mandate based collection on pre-scheduled dates resulting into faster access to fund and improved cash flow.
  • Ease of account operation as single account can support multiple purposes from multiple BFIs.

 

 

Fees:

 

Description 
Charges
Upto Rs.  500 Rs. 2
Rs.  501 – 5000 Rs. 5
Rs.  5001-50000 Rs. 10
Above Rs. 50000 Rs. 15
If Dividend and IPO Refund waived upto  Rs. 100
If Transfer from another BFIs Free

 

For Further queries if any please contact us.

RELIANCE FINANCE LIMITED 

Head Office
B.J. Bhawan, Pradarsani Marg
P.O. Box : 20136, Kathmandu, Nepal
Tel : 00977 – 01 – 4223117 / 4261104 / 4261041 / 4261167
Fax : 00977 – 01 – 4220698
Email : info@reliancenepal.com.np
Website: www.reliancenepal.com.np