NRB Issues Unified Payment Directive with Revised ATM Limits and Stronger Security Rules
Summary
Nepal Rastra Bank has issued the Unified Payment System Directive, 2082, which revises ATM withdrawal limits and enforces stricter security rules for digital transactions.
Key Points
- Nepal Rastra Bank issued the Unified Payment System Directive, 2082, with revised ATM withdrawal limits.
- Debit card ATM withdrawal limits are now Rs. 500-20,000 per transaction; daily Rs. 50,000, monthly Rs. 300,000.
- Banks must resolve failed transactions quickly and block lost or stolen cards immediately.
- Security measures include mandatory chip-based cards, 90-day CCTV storage, and two-factor authentication for users abroad.
