NCHL Launches Interbank Cardless Cash Withdrawal Service

Nepal Clearing House Limited (NCHL) has launched an interbank cardless cash withdrawal service in partnership with Prime Commercial Bank and Shangrila Development Bank. This service allows customers of affiliated banks to withdraw cash from ATMs without a card, using Mobile Banking or ConnectIPS.

Currently, the service is available at ATMs of Prime Commercial Bank and Shangrila Development Bank, with plans to extend it to other banks gradually. Customers can access this service by registering with ConnectIPS, selecting the cardless option, and using an OTP to withdraw cash from any ATM within the network.