After analysing the foreign currency exchange policy, Nepal Rastra Bank (NRB) has made a policy where foreign tourists can now exchange Nepali currency from Point of Sales (POS) machines using their international cards, reports New Business Age.
The Details:
- According to a circular by NRB, foreigners can exchange Nepali currency using Visa International, MasterCard, and Union Pay international card from POS machines.
- They can mark their exchange charges but the rates should be in Nepali currency. The charges will be marked according to the agreement between banks and money exchangers.
- The Foreign Exchange Management Department has made it mandatory for money exchangers to collect a copy of the customers’ passport in case of foreigners. For Indians however, copy of relief card is needed for the transaction.
The Latest
-
Realme C63 with 50MP Camera Now Available in NepalHIGHLIGHTS The Realme C63 price in Nepal is Rs. 15,999 (4/128GB). It is powered by…
-
Yamaha MT-15 Version 2.0 Expected to Launch Soon in Nepal: Find Out What’s NewHIGHLIGHTS Yamaha MT 15 V2 price in Nepal is expected to be around Rs. 6…
-
Yamaha Aerox Review: Fast and Fun with R15 at Heart!TechLekh Verdict Yamaha Aerox 155 is an outstanding scooter that combines power, style, and advanced…