AML Compliance

The Bank fully complies with the provisions of Nepalese Money Laundering Prevention Act, 2008 and regulations made thereunder and the Guidelines of our central bank viz. Nepal Rastra Bank (NRB) regarding anti-money laundering. In addition to above the Bank has its own policies and procedures to combat to prevent laundering of criminally earned money using its services. The Bank's Management strictly ensures the compliance with all statutory and regulatory requirements, including designating Focal Officer for this specific purpose and conducting training for staff at all levels.


Bank's compliance with Anti-Money-Laundering requirements and procedures is monitored by the NRB and by Bank's internal and external auditors.

 

The Bank's customers must fill up the Know Your Customer (KYC) form to meet all the regulatory requirements.

 

Additional information regarding Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) from Nepal Rastra Bank(NRB) is available in NRB's Website.

 

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