NRB new circular more than 7 lakh cash transactions details of individuals

Feb Thu 2022 03:41:00

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NRB new circular more than 7 lakh cash transactions details of individuals

Kathmandu. Nepal Rastra Bank (NRB) has demanded details of individuals and entities doing cash transactions in banks and financial institutions. In a statement issued on Tuesday, the National Bank of Nepal (NBN) said that it had sought such details from the Asset Laundering Monitoring Unit (AAMU) to ascertain whether there was any financial investment in asset laundering and terrorist activities. As per the information of NRB, it is mentioned that such demand from 2078 BS to 30 December 2078 BS has to be submitted within 24 days.