Corporate Pay System

31 January 2021, Kathmandu

An agreement has been signed between Citizens Bank and Nepal Clearing House Limited (NCHL) to introduce the corporate pay scheme.

Bank consumers will be able to make digital payments from their bank accounts under this scheme.

This digital platform is offered by the bank to its business customers.

They would be able to easily move cash, payroll payments, vendor payments, government tax payments, and other different business payments from their accounts without going to the bank.

The bank said that payment transactions can be made through the IPS and IPS system.

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