NRB Raises Daily Wallet Deposit Limit to 50 Transactions During Dashain, Tihar and Chhath
Summary
Nepal Rastra Bank has temporarily raised the daily deposit limit for individual digital wallets from 10 to 50 transactions during Dashain, Tihar and Chhath. Payment service providers must report the number and value of transactions made under the relaxed rule.
Key Points
- NRB has increased the daily wallet deposit limit from 10 to 50 transactions for the festive season.
- The temporary rule applies during Dashain from Ashwin 31 to Kartik 8, 2083, and during Tihar and Chhath from Kartik 21 to Kartik 29, 2083.
- The relaxation is intended to support higher digital transaction activity during the holidays.
- Payment service providers have been instructed to submit transaction details to NRB’s Payment Systems Department.
