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 , NEPALPAYQR and EFT Card Service. 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.
