Nepal

Overview

Transfer method	Local	SWIFT
Supported currency(ies)	NPR	AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NPR, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
Payment scheme	IBFT/NCHL
Flight time (business days)	0-1	0-3
Maximum transaction limit	1,000,000 NPR	No limit
Minimum transaction limit	10 NPR	No limit
Ultimate payer displayed		Yes

Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	Should be `NPR`
`account_name`	2-200 alphanumeric characters or punctuation only	Account holder name of the recipient’s bank account
`account_number`	Up to 50 alphanumeric characters
`account_routing_type1`	`bank_code` only	This is a 5-character code to identify a Nepalese bank e.g. `NP002` for Agricultural Development Bank
`account_routing_value1`	5 alphanumeric characters
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `NP`

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	One of `AUD`, `CAD`, `CHF`, `CNY`, `CZK`, `DKK`, `EUR`, `GBP`, `HKD`, `HUF`, `ILS`, `JPY`, `NOK`, `NPR`, `NZD`, `PLN`, `RON`, `SEK`, `SGD`, `THB`, `TRY`, `USD`, `ZAR`
`account_name`	2-200 alphanumeric characters or punctuation only	Account holder name of the recipient’s bank account
`account_number`	Up to 50 alphanumeric characters
`swift_code`	8-11 alphanumeric characters	Should be a valid and supported BIC-8 or BIC-11 code
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `NP`

Beneficiary ID

For NPR SWIFT payouts to Nepal, you will need to provide Tax ID as part of beneficiary information:

Required fields	Permitted Data	Notes
For business beneficiaries (`COMPANY`)
`business_registration_number`	Up to 15 digits	9-digit Permanent Account Number (PAN)
For individual beneficiaries (`PERSONAL`)
`personal_id_type`	should be `INDIVIDUAL_TAX_ID`	9-digit Permanent Account Number (PAN)
`personal_id_number`	Up to 15 digits

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