Payment Systems Department
Central Office
Baluwatar, Kathmandu
Telephone:
Fax:
977 1 4443878
Key Functions
  • Formulate policy provisions to promote digital payments,
  • Issue license to eligible institutions as Payment System Operators (PSOs) and Payment Service Providers (PSPs),
  • Regulate licensed PSOs and PSPs,
  • Oversight of PSOs and PSPs,
  • Operate Real Time Gross Settlement (RTGS) System.
Principal Officers
Executive Director
MR. GURU PRASAD POUDEL
Director(s)
MR.NISHCHAL ADHIKARI
Director(s) (IT)
ER. KRISHNA RAM DHUNJU
Indicators
Others
Electronic Payment

RTGS Direct Participants
S. No Instituition Name Enrollment Date
1 Agriculture Development Bank Limited 12/09/2019
2 Bank of Kathmandu Limited 12/09/2019
3 Century Bank Limited 12/09/2019
4 Citizens Bank International Limited 12/09/2019
5 Civil Bank Limited 12/09/2019
6 Everest Bank Limited 12/09/2019
7 Global IME Bank Limited 12/09/2019
8 Himalayan Bank Limited 12/09/2019
9 Kumari Bank Limited 12/09/2019
10 Laxmi Bank Limited 12/09/2019
11 Machhapuchchhre Bank Limited 12/09/2019
12 Mega Bank Nepal Limited 12/09/2019
13 Nabil Bank Limited 12/09/2019
14 Nepal Bank Limited 12/09/2019
15 Nepal Credit and Commerce Bank Limited 12/09/2019
16 Nepal Investment Bank Limited 12/09/2019
17 Nepal SBI Bank Limited 12/09/2019
18 NIC Asia Bank Limited 12/09/2019
19 NMB Bank Limited 12/09/2019
20 Prabhu Bank Limited 12/09/2019
21 Prime Commercial Bank Limited 12/09/2019
22 Rastriya Banijya Bank Limited 12/09/2019
23 Sanima Bank Limited 12/09/2019
24 Siddhartha Bank Limited 12/09/2019
25 Standard Chartered Bank Nepal Limited 12/09/2019
26 Sunrise Bank Limited 12/09/2019
S. No Instituition Name Enrollment Date
1 Jyoti Bikas Bank Limited 08/01/2020
2 Garima Bikas Bank Limited 08/01/2020
3 Kamana Sewa Bikas Bank Limited 08/01/2020
4 Lumbini Bikas Bank Limited 08/01/2020
5 Mahalaxmi Development Bank Limited 08/01/2020
6 Miteri Development Bank 08/01/2020
7 Muktinath Bikas Bank Limited 08/01/2020
8 Saptakoshi Development Bank Limited 08/01/2020
9 Shangrila Development Bank 08/01/2020
10 Shine Resunga Development Bank Limited 08/01/2020
S. No Instituition Name Enrollment Date
1 Best Finance Company Limited 16/12/2021
2 Goodwill Finance Limited 16/12/2021
3 Guheshwori Merchant Banking & Finance 16/12/2021
4 Gurkhas Fianance Limited 16/12/2021
5 I.C.F.C Finance Limited 08/01/2020
6 Manjushree Finance Limited 08/01/2020
7 Nepal Finance Limited 18/05/2022
8 Nepal Infrastructure Bank Limited 16/04/2021
9 Progressive Finance Limited 16/12/2021
10 Reliance Finance Limited 16/12/2021
11 Samriddhi Finance Company Limited 18/05/2022
12 Shree Investment and Finance 18/05/2022
RTGS Business Period

Sunday - Thursday

Period Name Start Time End Time
System Start 8:30 am 8:35 am
Account House Keeping 8:35 am 9:00 am
Morning Exchange period for Customer and Interbank Payments 9:00 am 2:00 pm
Afternoon Exchange period for Customer and Interbank payments 2:00 pm 5:00 pm
Evening Exchange period for Interbank payments 5:00 pm 5:45 pm
ILF Returns 5:45 pm 6:30 pm
Payment Cut-off 6:30 pm 6:35 pm
Report Generation and Reconciliation Period 6:35 pm 7:00 pm
Archiving 7:00 pm 7:30 pm
System Stop 7:30 pm

Friday

Period Name Start Time End Time
System Start 8:30 am 8:35 am
Account House Keeping 8:35 am 9:00 am
Morning Exchange period for Customer and Interbank Payments 9:00 am 1:30 pm
ILF Returns 1:30 pm 2:00 pm
Payment Cut-off 2:00 pm 2:05 pm
Report Generation and Reconciliation Period 2:05 pm 2:30 pm
Archiving 2:30 pm 2:45 pm
System Stop 2:45 pm