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Banking Service

NIMB’s digital banking services for private schools

According to the bank, agreements have also been made for the program's registration and other payments to be handled digitally.

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KATHMANDU: Nepal Investment Mega Bank (NIMB) has launched digital banking services for Private & Boarding Schools’ Organization Nepal (PABSON).

According to the bank, the service was introduced in conjunction with the second international education conference, which will be hosted in Kathmandu.

According to the bank, agreements have also been made for the program’s registration and other payments to be handled digitally.

Cash transactions have been decreased as a result of this arrangement, and the trouble of giving cash to instructors and principals at multiple schools has been eliminated.

Furthermore, the bank believes that collecting fees through a digital system will save time, make transactions more transparent, and aid in cashless transactions.