{"id":55024,"date":"2020-03-23T21:24:52","date_gmt":"2020-03-23T15:39:52","guid":{"rendered":"http:\/\/techlekh.com\/?p=55024"},"modified":"2020-03-26T10:43:15","modified_gmt":"2020-03-26T04:58:15","slug":"digital-transactions-limit-nepal","status":"publish","type":"post","link":"https:\/\/techlekh.com\/digital-transactions-limit-nepal\/","title":{"rendered":"NRB Increases Daily & Monthly Limits on Digital Transactions in Response to COVID-19"},"content":{"rendered":"
Nepal Rastra Bank (NRB), the central bank of Nepal, has issued a new dictum yesterday which hereby increases the digital transaction limits considering the current Covid-19 outbreak crisis. In order for people to adhere to the current online banking standards and reduce human interaction as much as possible, NRB has decided to advance this directive.<\/p>\n
The previous directive<\/a> <\/strong>had a strict routine for the daily and monthly limits which had a downfall impact on the volume of digital transactions. As per the new instructions, the transaction restrictions on mobile and internet banking, and fund transfer through digital wallets are made more flexible.<\/p>\n The newly issued directive will follow this particular schematic from here on out:<\/em><\/p>\nTransactions from Mobile and Internet Banking<\/strong><\/h3>\n
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\n Method of Transaction<\/strong><\/td>\n Daily Limit<\/strong><\/td>\n Monthly Limit<\/strong><\/td>\n<\/tr>\n \n Mobile Banking (QR Code Included)<\/strong><\/td>\n Rs. 1,00,000<\/td>\n Rs. 10,00,000<\/td>\n<\/tr>\n \n Internet Banking (Merchant Payment)<\/strong><\/td>\n Rs. 10,00,000<\/td>\n Rs. 30,00,000<\/td>\n<\/tr>\n \n Internet Banking (Account Transfer)<\/strong><\/td>\n Rs. 10,00,000<\/td>\n Rs. 50,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Fund Transfer Through Digital Wallets<\/strong><\/h3>\n
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\n Fund Transfer\/Payments<\/strong><\/td>\n Per Transaction<\/strong><\/td>\n Daily Limit<\/strong><\/td>\n Monthly Limit<\/strong><\/td>\n<\/tr>\n \n Agent\/Sub Agent to Wallet<\/strong><\/td>\n –<\/td>\n Rs. 25,000<\/td>\n Rs. 1,00,000<\/td>\n<\/tr>\n \n Bank to Wallets<\/strong><\/td>\n Rs. 25,000<\/td>\n Rs. 1,00,000<\/td>\n Rs. 5,00,000<\/td>\n<\/tr>\n \n Wallet to Banks<\/strong><\/td>\n Rs. 25,000<\/td>\n Rs. 1,00,000<\/td>\n Rs. 5,00,000<\/td>\n<\/tr>\n \n Wallet to Wallet<\/strong><\/td>\n Rs. 25,000<\/td>\n Rs 1,00,000<\/td>\n Rs. 5,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n