Interbank Payment SystemIPS

NCHL-IPS is an automated clearing house type system run by Nepal Clearing House Limited. It handles both bulk and one-to-one transfers:

• Direct credit: the payer's bank pushes funds to beneficiaries at other banks, for example salary payments, vendor payments and government disbursements.
• Direct debit: a biller collects funds from customers' accounts at other banks under a mandate, for example loan instalments, insurance premiums or utility bills.

Transactions are cleared through NCHL and settled in sessions on a net basis across participants' settlement accounts at NRB through RTGS. Banks use IPS through their own systems and through NCHL's CORPORATEPAY platform, while retail customers access it through connectIPS, which is built on top of it. The National Payments Interface (NPI) also provides API access to IPS.

IPS reduced reliance on cheques and drafts for interbank transfers of ordinary value, while very high-value and urgent payments go through RTGS.

NCHL-IPS नेपाल क्लियरिङ हाउसले सञ्चालन गर्ने स्वचालित क्लियरिङ प्रकारको प्रणाली हो, जसले बल्क र एक-एक दुवै रकमान्तर गर्छ:

• प्रत्यक्ष क्रेडिट: भुक्तानीकर्ताको बैंकले अन्य बैंकका लाभग्राहीलाई रकम पठाउँछ, जस्तै तलब, आपूर्तिकर्ता भुक्तानी।
• प्रत्यक्ष डेबिट: स्वीकृति (mandate) का आधारमा बिलरले अर्को बैंकका ग्राहकको खाताबाट रकम सङ्कलन गर्छ, जस्तै कर्जाको किस्ता, बिमा शुल्क।

कारोबार सत्रअनुसार खुद आधारमा RTGS मार्फत नेपाल राष्ट्र बैंकमा फर्छ्यौट हुन्छ। खुद्रा ग्राहकले यसलाई connectIPS मार्फत र संस्थाले CORPORATEPAY मार्फत प्रयोग गर्छन्।