KATHMANDU: Nepal Rastra Bank (NRB) has written to all commercial banks to provide details of more than 700,000 cash transactions within six days.
A letter obtained by Khabahub written to the Executive Officers of Category A Banks has asked them to provide full details of the transaction between July 16, 2021, to January 14, 2022, to investigate the issue of money laundering and prevention of financial investment in terrorist activities.
As per the details requested by NRB from all the banks, these banks will now have to provide the transaction details in the format including serial number, account holder’s name, account number, transaction amount, the status of debit/credit, transaction dates, CBS information, conductor details, comments, among others.
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