Banks Must Update Account Holders' National Identity Card Numbers
Summary
Nepal Rastra Bank requires banks and financial institutions to update account holders' national identity card numbers, obtaining details from customers who opened accounts before the card was mandatory.
Key Points
- Nepal Rastra Bank has mandated banks and financial institutions to update national identity card numbers of account holders.
- Customers who opened accounts before the national identity card was mandatory must provide updated card details.
- Banks must obtain self-declaration regarding national identity card details via mobile app or other means by end of Ashwin.
- Customers without the national identity card are required to obtain and update it within six months, by end of Poush.
