Foreign Employment Board (FEB) has signed an agreement with Nepal Clearing House Ltd. (NCHL) for automating its various disbursement-related payment transactions through National Payments Interface (NPI) of NCHL. The agreement was signed by Mr. Rajan Kumar Shrestha, Executive Director of (FEB) and Mr. Neelesh Man Singh Pradhan, CEO of NCHL.
Foreign Employment Board (FEB) will integrate its system with NPI (which is now part of National Payment Switch) to implement digital payment of the disbursements made by FEB directly into the bank accounts of the beneficiaries. It includes compensation to nominee beneficiaries for the foreign employment workers deceased/disabled during the employment period, vendor…
Read full article at ShareSansar.com