Nepal Clearing House Limited (NCHL)

Established in 2008 under the guidance of Nepal Rastra Bank (the central bank of Nepal), Nepal Clearing House Ltd. (NCHL) is a payments system operator with a mission to establish and operate multiple national payment and settlement systems in Nepal. Its key stakeholders include Nepal Rastra Bank, commercial banks, development banks, and finance companies. NCHL aims to modernize the country's payment infrastructure, increase financial transparency, and facilitate safe, secure, and efficient electronic transactions nationwide through services like NCHL-ECC, NCHL-IPS, and the *connect*IPS e-payment system.