Remittance

Remittance
S.No. Particulars Charges

1 Fund Transfer

1.1. Manager's Cheque
1.1.1. Issuance (Upon Customer's Request) NPR 500
1.1.2. Cancellation NPR 250
1.2. Good for Payment Cheque
1.2.1. Issuance Free
1.2.2. Cancellation NPR 250
1.3. NRB Cheque
1.3.1. Issuance (Upon Customer's Request) NPR 500
1.3.2. Cancellation of NRB Cheque NPR 250
1.4 Transfer by BFIs to NRB or NBL Branches Inside Valley: NIL
​Outside valley: 0.05% or Minimum NPR 1,000
1.5 Transfer by Remittance Companies to their Agents NPR 100 per credit entry
1.6 Fund transfer between Federal/Provincial/Local Government Entities Free
1.4. INR and FCY Drafts Draft Issuance Commission
1.4.1. INR
i. Account Holder 0.10% or Minimum NPR 1000
ii. Non Account Holder 0.15% or Minimum NPR. 1500
iii. Draft Reissuance Same as fresh issue charge as above
iv. Cancellation NPR 500 + Communication charge
v. Stop Payment NPR 1000 + Communication charge
vi. Correspondence charge by swift NPR 1000
vii. Confirmation Charge (Compulsory for above INR 500,000 and any amount below INR 500,000 on request only) NPR 1000
1.4.2. FCY
i. Account Holder 0.15% or Minimum USD 10
ii. Non Account Holder 0.20% or Minimum USD 15
iii. Draft reissuance Same as fresh issue charge as above
iv. Cancellation NPR 500 + Communication charge
v. Stop Payment NPR 1,000 + Communication charge
vi. Correspondence charge by swift NPR 1000
vii. Confirmation charge (USD 2,000 or above) NPR. 1000
1.5. Money to India (RTGS/NEFT/Account to Account Transfer)
i. Account Holder 0.10% or Minimum NPR 500
ii. Non Account Holder 0.15% or Minimum NPR 500
iii. Re-sending the canceled transaction due to customer’s reason NPR 500
1.6. SWIFT Transfer
1.6.1. NPR/INR
a. Trade/Service Payment
i. Account Holder 0.10% or Minimum NPR300+ Swift charge NPR 300
ii. Non Account Holder 0.15% or Minimum NPR500+ Swift charge NPR 300
b. Other Payment
i. Account Holder 0.15% or Minimum NPR 200 + Swift charge NPR 1,000
ii. Non Account Holder 0.20% or Minimum NPR 300+ Swift charge NPR 1,000
c. Cancellation NPR 500 + Swift charge NPR 1000
d. Stop Payment NPR 1,000 + Swift charge NPR 1000
e. Correspondence by swift NPR 500
1.6.2. FCY
i. Trade/Service Payment
a. Account Holder 0.20% or Minimum USD 5 +Swift charge NPR 1,000
b. Non Account Holder 0.30% or Minimum USD 8 + swift charge NPR 1,000
c. Cancellation NPR 500 + Swift charge NPR 1,000
d. Stop Payment NPR 1,000 + Swift charge NPR 1000
e. Correspondence by swift NPR 500
ii. Other Payment
a. Account Holder 0.10% or Minimum USD 5 +Swift charge NPR 1,000
b. Non Account Holder 0.20% or Minimum USD 8 + Swift charge NPR 1,000
c. Cancellation NPR 500 + Swift charge NPR 1,000
d. Stop Payment NPR 1000 + Swift charge NPR 1,000
e. Correspondence by Swift NPR 500
1.7. SWIFT messages mentioning ''Our" in charge field
Beside regular commission as per field no 2.3, bank shall charge
1. In EURO EURO 50
2. In USD USD 50
3. In INR INR 300
4. In JPY JPY 7,500
5. Other FCY USD 50 equivalent

2 Outward Remittance Through SWIFT (Special Case)

2.2.1. Amendment / Cancellation charge of JPY outward remittance after initial transaction
1. Before processing in value date JPY 3,500/instruction
2. After processing in value date JPY 7,500/instruction
3. After payment in value date JPY 7,500/instruction
2.2.2. Amendment / Cancellation Charge(Other than JPY)
1. USD USD 20
2. GBP GBP 20
3. EURO EUR 20
4. AUD AUD 25
5. SGD SGD 35
6. INR INR 500

3 Inward Remittance

1. Transfer to other BFI's (NPR) 0.20% or Minimum NPR 1000 + Swift Charge Rs.1000
2. Transfer to other BFI's (FCY) 0.20% or Minimum USD 10 or equivalent + Swift Charge NPR 1000
3. Credit to Customer account (NPR) Free (Charges applicable if correspondent bank charges on NBL)
4. Credit to Customer account (FCY) Free (Charges applicable if correspondent bank charges on NBL)
5. Follow up by Swift on remittance at customer's Request NPR 750 per message (Plus other bank charges if any and Swift charges Rs.1000)

4 Return in Inward Remittance

1. NPR NPR 1,000 + Swift Charges Rs.1000
2. INR INR 1,000 +Swift Charge Rs.1000
3. FCY Upto 100 USD: 10% of equivalent. USD 20 or equivalent. More than 100 USD: USD 20 or equivalent. (Plus other bank charges if any and Swift Charge Rs.1000)
(Charges to be deducted from funds being returned)

5 Credit Advice to Customers

Credit Advice to Customers Free

6 Outward Bills Collection Commission (For clean and documentary bills)

Within Nepal 0.10% or Minimum NPR 200 + Communication Charge
India 0.15% or Minimum NPR 300 + Communication Charge
Other country 0.20% or Minimum USD 5 + Communication Charge
No collection charges for cheque/draft to be paid from our branches.
6.1. Handling Charges
1. For Return of OBC (NPR) NPR 100
2. For Return of OBC (INR) Actual cost incurred or Minimum NPR 100
3. For Return of OBC (FCY) Actual cost incurred or Minimum NPR 150
4. For other government collection NPR 100
6.2. Clearing Charges
1. Bills/Cheque/Draft etc. for Revenue Collection Free
Any charges recovered by agency banks Plus Communication charges, if any shall be collected additionally on actual basis

7 Bills Purchase Commission Except NPR (Clean Bills / Cheque Purchase / Draft Purchase)

1. Within Local Area to be realized within 3 working Days 0.15% or Minimum NPR 200. If 3 working days exceeded, the highest interest rate on WC shall be charged.
2. Within Nepal to be realized within 7 working Days 0.30% or Minimum NPR 500. If 7 working days exceeded, the highest interest rate on WC shall be charged.
3. Foreign Countries to be realized within 15 working Days 0.50% or Minimum NPR 1,500. If 15 working days exceeded, the highest interest rate on WC shall be charged.
4. Documentary Bills Purchase and Discounted NPR 2,000
5. Follow up charge on request of Customer Rs.250 Plus Actual Cost
6. Cheque/Draft (Purchase) Return Cheque/Draft (Purchase) Return NPR 250 plus Highest Interest rate for OD loan shall be applied for the outstanding days (Plus other bank charges & communication charges)

8 Inward Bills collection (IBC)

Inward Bills collection (IBC) Rate equivalent to draft issuance charge

9 NBL Remit Charges

1. Domestic Fund transfer by account holder to Non account holder of the bank up to NPR 25,000 Only NPR 100 per Transaction
2. Domestic Fund Transfer by Non account holder to Non account holder up to Rs. 25,000 Only NPR 150 Per Transaction
3. Cancellation charge due to customer's reason NPR 100 Per Transaction