NCHL
Fintech
About Us
Nepal Clearing House Ltd (NCHL) is a Payment System Operator licensed by Nepal Rastra Bank and promoted by NRB and almost all the banks & financial institutions to establish and operate national payment systems in Nepal. It is currently operating Electronic Cheque Clearing (NCHL-ECC), Interbank Payment System (NCHL-IPS), Retail Payment Switch (RPS) and National Payment Switch (NPS) with processing of over 85% of retail transactions in terms of value within Nepal. Additional channel platforms that NCHL is providing includes connectIPS, National Payments Interface (NPI), CORPORATEPAY, connectRTGS and NEPALPAYQR. NCHL is expanding its team to drive its existing systems, businesses and operations including National Payment Switch (NPS), cross border payments and new innovative products & services. Hence, it invites application from qualified and competent Nepali nationals for the following positions.
NCHL-ECC system is an image-based cheque processing solution where original paper cheque is converted into an image for electronic processing and is transferred through a secured medium between participating member Banks and Financial Institutions.
NCHL-IPS is a system for clearing large volume financial transactions that will provide a mechanism for the participating members to safely and efficiently transfer funds from one account to any other account held at any of the participating member banks & financial institutions (BFIs) on behalf of their customers and for their own purposes.
connectIPS System is a payments infrastructure for online real-time payments directly through the bank accounts to handle instant payments initiated or processed through multiple channels.
connectRTGS is a customized extension of connectIPS Integration System for member banks and financial institutions to process inward and outwards transactions in the Real-Time Gross Settlement (RTGS) system.
National Payments Interface (NPI) is a consolidated APIs of multiple payment systems of NCHL, which is implemented in a concept of open APIs to facilitate financial message standardization, interoperability of various retail payment systems and to automate the overlaying services.
CORPORATEPAY is a single business payments platform for the business and corporate customers of the member BFIs to enable them for initiating and processing their payments to various underlying payment systems.
