Questions tagged [nepal]

For questions that relate to the laws, practices, and products of the Nepal

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-4 votes
2 answers
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Why is there a need of thirdparty gateway while transferring money from one bank to another?

As per this, there is always a middleman for transferring fund between two banks. Why can't there be a direct communication between two banks? What problems would be arouse if there was direct ...
achhainsan's user avatar
0 votes
1 answer
58 views

What does same scheme account mean in banking purpose?

I'm planning to open an online savings account in a bank where i already have normal savings account. In the form though it asks me to declare that i don't have same scheme account in their bank. I'm ...
Anonymous's user avatar
2 votes
1 answer
142 views

Should i worry if i lied in my new bank that i have no association with another bank when i actually do?

I recently opened a new account. I already had an old account at a different bank, but I declined when they asked me if I had association with another bank. Does this matter?
Anonymous's user avatar
1 vote
2 answers
4k views

Using Indian debit cards in Nepal

Can I use my Indian debit cards in Nepal to withdraw cash from ATMs? In particular, I have an AXIS bank debit card. Can I use it freely for making payments as well as for withdrawing cash from ATMs in ...
user2371765's user avatar
  • 1,074
1 vote
3 answers
8k views

Can I open a Demat account in India from abroad?

I want to trade Indian stocks online and will require a demat account with an Indian bank. I have my PAN number registered and all documents in place except the voting card. And I live in Nepal. Can I ...
Yogesh Aggrawal's user avatar
1 vote
1 answer
1k views

Can a Nepalese (Asian) open a bank account in US without visiting there?

I am living in Nepal (South Asia) and want to setup a business using which Nepalese living in the USA can pay for gifts and services to be delivered here in Nepal to their beloved ones. To receive ...
Yogesh Aggrawal's user avatar
1 vote
1 answer
430 views

Is the fund received to my indian bank from foreign bank taxable?

I am Nepali citizen and I have ordinary saving account in Indian bank. I was also working here for 2 years in the past(3 years ago) and I have PAN card and bank account. Now I am living in India for ...
Binod's user avatar
  • 11
16 votes
6 answers
9k views

How easy is it for people from Nepal to open a foreign bank account via the internet?

Has anyone attempted opening a foreign bank account from Nepal as a Nepalese citizen, if so what was your experience? how easy was it? Which country's banks will allow this?
user238's user avatar
  • 351