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Agreement

NIBL Ace Capital now associated with NPS

The agreement was signed by NIBL Ace Capital's Deputy Chief Executive Officer Mekh Bahadur Thapa and NCHL's Chief Executive Officer Nilesh Man Singh Pradhan.

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KATHMANDU: NIBL Ace Capital has also joined the National Payment Switch (NPS).

NIBL Ace Capital Limited has joined the National Payment Switch to develop a system in which payments may be made digitally using the payment systems of Nepal Clearing House (NCHL).

The agreement was signed by NIBL Ace Capital’s Deputy Chief Executive Officer Mekh Bahadur Thapa and NCHL’s Chief Executive Officer Nilesh Man Singh Pradhan.

Following the signing of the agreement, NIBL Ace Capital’s internal system will be able to connect with NCHL’s National Payment Interface to conduct various payment and investment receiving transactions, as well as capital’s dividend payment, including salary, vendor payment, and other types of payment transactions directly between its and the beneficiaries’ bank accounts.