Nepal Rastra Bank issued a statement of amendments made in Unified Directives published in 2076. The newly made amendment allows the users to increase their transaction limit on all the digital payment which was previously low.
According to the amendments made, the maximum limit of mobile and internet transactions are as follows:
S.N | Equipment | Per day | Per month |
1 | Mobile Banking (With QR Code) | 1 Lakh | 10 Lakh |
2 | Internet Banking ( Merchant Payment) | 10 Lakh | 30 Lakh |
3 | Internet Banking (Account Transfer) | 10 Lakh | 50 Lakh |
However, the above arrangement doesn’t affect the transaction of money if both accounts are in the same bank or financial institution under the name of the same person.
Similarly, NRB has set the maximum limit of Fund Transfer through the wallet as follows:
S.N | Fund Transfer | Per Transaction | Per Day | Per Month |
1 | Agent or Sub Agent to Wallet | – | 25 Thousand | 1 Lakh |
2 | Bank to Wallet | 25 Thousand | 1 Lakh | 5 Lakh |
3 | Wallet to other Bank account | 25 Thousand | 1 Lakh | 5 Lakh |
4 | One wallet to another | 25 Thousand | 1 Lakh | 5 Lakh |
Also, there will be no limit when transferring money from the wallet to wallet carrier’s bank account.