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.
- 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.
|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|