Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: NMB Bank has introduced ‘Dollar Card’ for online transactions through prepaid foreign currency cards.
Banks are issuing dollar cards one after another after the Nepal Rastra Bank (NRB) recently allowed banks and financial institutions to issue such cards in a bid to ease online payments.
A few days before, Nabil Bank had introduced Nabil iCard enabling payment of dollar transactions in rupees.
NMB Bank stated that online transactions can now be done through prepaid cards of other convertible foreign currencies worth $500 or equivalent annually, once or repeatedly.
Now customers can open NMB Bank account with their PAN card and citizenship and avail the facilities of Dollar Card.
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