Enjoy Free Fund Transfer via NEPALPAY Instant

Marking the 15th Anniversary of Nepal Clearing House Limited (NCHL), customers can enjoy free Fund Transfer via NEPALPAY Instant starting from 8th till 29th Poush, 2080 (24th December, 2023 till 14th of January, 2024).

The users of connectIPS and selected mobile banking platforms and wallets enabled with NEPALPAY Instant (Sanima Bank, GarimaBikas Bank, Agriculture Development Bank, CellPay, HamroPay,MORU) can grab the offer and enjoy free fund transfer by selecting NEPALPAY Instant.

NEPALPAY Instant is a virtual payment address (VPA) based direct credit instrument. A sender can initiate a transfer based using receiver’s mobile number that reduces the need of exposing bank accounts for fund transfers. This allows the customers to initiate transfer from mobile banking / wallet or connectIPS by selecting the network to send the fund and entering mobile number of the beneficiary. Via NEPALPAY Instant one can send/ receive funds online in the networks of mobile banking, wallet or connectIPS.

How to initiate transaction in NEPALPAY Instant?

  • Login into www.connectips.com using your Username and Password
  • Choose NEPALPAY Instant from the available options under Fund Transfer
  • Select your debiting account and select the Network/Bank under receiver details
  • Fill in other details and click on Transfer
  • Recheck the details and click on “Make Payment”
  • Use your Transaction Password and/or OTP received in registered mobile number and e-mail
  • Click on Submit to complete the fund transfer

Terms & Conditions

  • The offer is applicable from 8th – 29th Poush, 2080 (24th December, 2023 – 14th January, 2024) only.
  • The offer is available on connectIPS and NEPALPAY Instant enabled mobile banking and wallets.