Agreement with Insurance Authority and Clearing House,  

Kathmandu, Nepal Insurance Authority own transaction systems through the clearing house.

Nepal Insurance Authority’s executive director Raju Raman Paudel and NCHL office chief executive officer Nileshman Singh Pradhan signed in agreement paper.

After those agreement authority’s internal transaction systems NCHL’s National Payment Interface NPI, Along with Vendor payments, invest, various types of transaction service own or announce to grab benefit straightly from own Bank Accounts.

On occsation of agreement said, Insurance sector’s new dimension medium of digital payment system, additional encourage to Nepal Insurance Authority and NCHL collaboration, it may make support to public confidence.

Nepal’s Insurance professional, regular, inspection and observatory rule regulator body of Nepal Insurance Authority providing always effective service user, Media of digitalization always provide contribute to frontline job, Wellbeing following the role of action from the insurance authority said.

Those of previous authority grant, insurance agents and survey license renew online payment, NCHL’s through the Connect IPS systems will follow coming day. Authority said, also other service gradually will integrate partially in digitalize goal and role.

NCHL various transaction systems integrated in interface forms developed NPI, Later 55 members of bank, financial institution has also affiliated.

Along with 15 insurance company other PSP, PSO, Remittance company, Merchant Bank, government or Non-governmental institutions, more than 90 non-banking institutions Indirect Technician member already affiliated inform that.