Thursday 14th November 2019

NRB Urges for ‘Nepali Language’ in Local ATMs

NRB issued a notice to the local banks and financial institutes, after complaints from the general public
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NRB Urges for ‘Nepali Language’ in Local ATMs

In a move assisting the general public, the Nepal Rastra Bank (NRB) has urged the local banking institutions to include Nepali in local ATMs.

The Central Bank has set a 30 days deadline for implementing the new decision.

NRB issued a notice to the local banks and financial institutes, after complaints from the general public that majority of local ATMs don’t have Nepali language option.

It has passed a strict regulation that any financial institution failing to implement the instruction will be subjected to punishment under the Payment and Clearance Act, 2075 BS.

Nepali Language in ATMs

According to NRB, around 4.71 million people use ATM services locally, and some 5.9 million people have ATM cards.

Hope the new directive will help the general public’s challenges with making ATM transactions.

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