Electronic Cheque Clearing and Interbank Payment System

Electronic Cheque Clearing and Interbank Payment System
S.No. Particulars Charges

1 Electronic Cheque Clearing (Outward)

1. Regular Cheque clearing Upto 2 lakhs Free
2. Regular Cheque clearing Above 2 lakhs NPR 15 per Cheque
3. Regular Cheque clearing FCY Cheque NPR 15 per Cheque
4. Express session and High Value clearing NPR 100 per Cheque
5. Cheque return Free
6. ECC Archive (After 90 days) NPR 200 per Cheque
Notes:
No charge shall be applied for the cheques cleared in regular session if they are:
• Presented by an institution for depositing into NBL accounts for the payment of salary/benefits.
• For depositing into accounts of federal/provinces
Late Presentment of Cheque Rs 200 per cheque

2 Interbank Payment System (IPS)

3.2.1. Customer Transfer IPS Inward
a. IPS Bulk Inward (With P1 Pricing) Free
Inward IPS charge for fund transfer by Bank and Financial Institutions Inside valley: NIL, Outside valley: 0.05% of total amount or Minimum NPR 1,000
b. IPS Bulk Inward (With P2 Pricing)
1. Up to NPR 500 NPR 2
2. NPR 500- 50,000 NPR 5
3. Above NPR 50,000 NPR 10
4 NPR Transactions Provident Fund Saving and Provident Fund Disbursement NPR 10
3.2.2 Customer Transfer IPS Outward
3.2.3 Outward IPS charge for fund transfer by Bank and Financial Institutions Inside valley: NPR 1,000 Outside valley: 0.05% of total amount or Minimum NPR 1,000
FCY Transactions (Fee in NPR) NPR 10

3 Reason wise Charges

1 Duplicate Transaction NPR 100
2 Missing Debtor/Creditor Name NPR 100
3 Transaction Cancellation NPR 100

4 Charges for Connect IPS

Fund Transfer and Government Revenue Payment
Transaction Amount Transaction Fee
1 Up to NPR 500.00 NPR 2
2 Above NPR 500.00 to NPR 5,000.00 NPR 4
3 Above NPR 5,000.00 NPR 8

5 National RTGS

1 Morning Exchange NPR 10
2 Afternoon Exchange NPR 20
3 Evening Exchange NPR 100