Kathmandu. Agricultural Development Bank Limited (ADBL) customers can now transfer money directly between Nepal and India through the ADBL Mobile Banking application under a person-to-person (P2P) cross-border transfer service.
The service connects Nepal’s National Payment Interface (NPI) with India’s Unified Payments Interface (UPI), allowing customers to conduct cross-border transfers through a digital channel without relying on lengthy paperwork or complex traditional banking procedures.
Through the service, funds can be transferred directly to the recipient’s bank account. The platform supports real-time transactions 24 hours a day, seven days a week, with funds expected to reach the recipient within seconds, subject to the applicable payment and banking processes.
A key feature of the service is the use of a Virtual Payment Address (VPA) or UPI ID. Customers do not need to enter lengthy bank account numbers or SWIFT codes for the transfer. Instead, they can use the recipient’s UPI ID or VPA, such as name@upi, along with the recipient’s full name.
The service can be accessed directly through the ADBL Mobile Banking application, allowing customers to initiate cross-border transactions remotely. The payment process operates through the official payment clearing frameworks associated with Nepal Clearing House Limited (NCHL) and India’s National Payments Corporation of India (NPCI).
Transaction Limits
For transfers from Nepal to India, customers can send up to INR 15,000 per transaction. For transfers from India to Nepal, the receiving limit is up to INR 200,000 per transaction.
The service supports VPA and registered mobile numbers as identification methods. Eligible purposes include family support, personal savings and other approved remittance purposes.
How to Send Money Through ADBL Mobile Banking
For the first transaction, customers need to provide one-time consent as required under the applicable regulatory framework. Customers can log in to the ADBL Mobile Banking application, locate the Cross-Border Transfer option and provide the required consent.
They can then navigate to Fund Transfer and select Cross-Border Fund Transfer (Nepal–India). Customers must enter the recipient’s UPI ID or VPA, along with the recipient’s full name.
Next, the sender enters the amount in Nepalese rupees. The application automatically displays the corresponding amount in Indian rupees along with applicable fees. Customers must also select the relevant purpose code for the transaction.
Finally, the customer reviews the transaction details and authorizes the transfer using a Transaction PIN or biometric authentication. Once approved, the transaction is processed through the connected payment infrastructure.
The service is expected to make personal money transfers between Nepal and India more convenient by bringing cross-border payments directly into the mobile banking experience and reducing dependence on traditional, paper-based processes.
