Last updated: August 2026. Limits and charges below come from Nepal Rastra Bank’s Payment System related Unified Directives 2081 and the operators’ own current fee schedules. Individual banks may set lower limits than NRB’s ceiling — your bank’s app is final.
Your transfer fails at Rs 300,000. Your wallet refuses a Rs 60,000 top-up. You get charged Rs 10 on one transfer and nothing on another. None of this is random — it follows one NRB directive, and once you know the numbers, the banking app stops surprising you.
The Master Table: NRB Limits for Every Channel
These come from Directive No. 5/081 of the Payment System related Unified Directives 2081, issued under the Payment and Settlement Act 2075. It replaced the earlier directive and all circulars on the subject, so it is the current consolidated position.
| Channel | Per transaction | Per day | Per month |
|---|---|---|---|
| Mobile app (including QR) | — | Rs 300,000 | No cap |
| Internet / web banking | — | Rs 2,000,000 | No cap |
| Bank account → wallet | — | Rs 200,000 | Rs 1,000,000 |
| Wallet → other bank account (incl. QR) | — | Rs 200,000 | Rs 1,000,000 |
| Wallet → another wallet | — | Rs 50,000 | Rs 500,000 |
| Wallet → your own linked bank account | No limit | ||
| USSD | Rs 5,000 | Rs 10,000 | — |
| Debit card cash withdrawal | Rs 25,000 | Rs 100,000 | Rs 400,000 |
| Contactless card tap | Rs 5,000 | — | — |
| Agent (BLB) cash-in to wallet | — | Rs 25,000 | Rs 100,000 |
| Agent cash-out from wallet | — | Rs 5,000 | Rs 25,000 |
Payments That Do Not Count Against Your Daily Limit
This is the most useful and least known part of the directive. The following are exempt from the Rs 300,000 mobile and Rs 2,000,000 web caps:
- Transfers between your own accounts within the same bank
- Tax, revenue, fines, vehicle fees, registration and government service fees
- Electricity, telecom and drinking-water bills
- Insurance premiums and Social Security Fund contributions
- School fees
- Payments to a designated account for securities transactions through licensed brokers
So paying a large vehicle tax or school fee should not eat the daily headroom you need for a genuine transfer. If your bank counts it anyway, that is worth raising with them — quote the directive.
The Wallet Rules Nobody Reads
- Overnight wallet balance is capped at Rs 50,000 — anything above must sweep back to your bank account. Do not treat a wallet as a savings account.
- A personal wallet may be loaded at most 10 times a day.
- Caps apply in aggregate across all your banks and wallets, not per app.
- Funds loaded into a wallet from a credit card may only be spent on goods and services — never transferred out or cashed.
- Inward remittance into a wallet is exempt from the load limit.
- A small trader turning over up to Rs 5,000 a day can get a merchant QR on ID alone, without PAN.
Why Limits Exist at All
Transaction limits are not your bank being difficult. They are the main defence against the two things that actually drain accounts in Nepal: a stolen phone with a saved mPIN, and a victim being talked through a transfer by a caller impersonating the bank. A daily cap turns a catastrophic loss into a survivable one.
That is why raising your limit is a trade. More convenience, less protection. Raise it deliberately when you genuinely need to move larger sums — not permanently “just in case.”
The Five Numbers You Should Actually Know
- Per-transaction limit — the most you can move in one go.
- Daily limit — the total across all transfers in a day, which is what usually stops you mid-payment.
- Interbank transfer limit and charge — moving money to an account at another bank behaves differently from moving it within your own.
- QR / merchant payment limit — often tracked separately from transfers.
- Reset and service charges — what it costs when you forget your PIN or renew the service annually.
When a Transfer Fails: Diagnose Before You Panic
| What you see | Usual cause | What to do |
|---|---|---|
| “Limit exceeded” | Daily cap reached across earlier transactions | Wait for the daily reset, or split across days |
| Money debited, not received | Interbank settlement lag | Wait the settlement window before disputing; keep the reference number |
| Repeated failure, no debit | Wrong account number, dormant account or name mismatch | Reconfirm the beneficiary details with the recipient |
| App login blocked | Too many wrong PIN attempts | Branch reset — expect a charge and take your ID |
| Debited twice | Duplicate submission during a timeout | Report in writing with both reference numbers; reversals are routine |
Getting Your Limit Raised
Where a bank allows a higher limit, expect it to be a branch request rather than an in-app toggle. Take your citizenship or National ID, your account details, and be ready to explain why — business payments, salary disbursement, regular large transfers. Ask three things before you sign: the new limit, whether any charge changes, and how to revert it later.
If you routinely need to move amounts that a retail limit will not accommodate, that is usually a signal that the right answer is a different product — a current account with corporate banking access — rather than pushing a personal mobile-banking limit upward.
What Interbank Transfers Actually Cost
Here is where most articles get it wrong. Interbank transfers in Nepal are not free by law — NRB caps the charge rather than banning it, and what you pay depends on which rail your bank’s app uses.
| Rail / rule | Charge |
|---|---|
| NRB ceiling for interbank transfer via mobile or internet banking | Maximum Rs 10 per transaction |
| Fonepay interbank fund transfer | Rs 10; free when both accounts are at the same bank |
| Fonepay QR payment at a merchant | Free, any amount |
| connectIPS up to Rs 500 | No fee |
| connectIPS Rs 500–5,000 | Rs 4 |
| connectIPS above Rs 5,000 | Rs 8 |
| Own card at another bank’s ATM | Maximum Rs 15 per transaction |
| RTGS | Rs 10 morning / Rs 20 afternoon / Rs 100 evening window |
The practical takeaway: for a small interbank transfer, connectIPS is now cheaper than the in-app Fonepay route — and free below Rs 500. For merchant payments, scanning a QR costs you nothing. Choosing the right button inside the same app changes the price.
Bank-Level Charges: What Is Actually Published
Very few Nepali banks publish a readable schedule of charges. These are the figures we could verify from the bank’s own document rather than a blog.
NIC Asia Bank — Standard Tariff of Charges, January 2026
| Item | Charge |
|---|---|
| Mobile banking registration | Rs 500 individual / Rs 1,000 corporate / Rs 1,500 via international number |
| Mobile banking annual maintenance | Rs 300 individual / Rs 1,000 corporate |
| Mobile banking PIN regeneration | Rs 100 per request — free from digital medium |
| Internet banking registration / annual renewal | Rs 500 / Rs 300 individual |
| Interbank transfer via app or internet banking | As per the connectIPS slab above |
| Cash withdrawal at another bank’s ATM | Rs 15 from the first transaction |
| Balance enquiry at another bank’s terminal | Rs 20 (Rs 50 other Visa ATM, Rs 100 in India) |
| E-commerce inside Nepal / outside | Free / 0.5%, minimum Rs 50 |
Note how the PIN regeneration charge disappears when done through the app rather than the branch — consistent with the directive’s free-reset requirement.
Global IME Bank — published limits
| Channel | Per transaction | Daily | Monthly |
|---|---|---|---|
| Mobile banking fund transfer | Rs 100,000 | Rs 300,000 | Rs 1,000,000 |
| Internet banking | Rs 1,000,000 | Rs 2,000,000 | Rs 5,000,000 |
The daily figures match NRB’s ceilings exactly — but the monthly caps are the bank’s own addition. NRB sets no monthly limit for mobile or web channels. This is exactly the kind of bank-specific rule that catches people out at the end of a busy month.
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Frequently Asked Questions
What is the daily transfer limit for mobile banking in Nepal?
NRB’s ceiling is Rs 300,000 per day through a mobile app, including QR payments, and Rs 2,000,000 through internet banking. Your bank may set a lower limit.
Is interbank transfer free in Nepal?
Not universally. NRB permits up to Rs 10 per transaction. Fonepay charges Rs 10, while connectIPS is free below Rs 500, Rs 4 up to Rs 5,000 and Rs 8 above that.
Can my bank charge me to reset a forgotten mPIN?
The directive requires password and transaction-PIN reset for mobile, internet and SMS banking and wallets to be free through self-service. A branch-counter reset may still carry a fee at some banks.
Why did my wallet refuse a Rs 60,000 transfer?
Wallet-to-wallet transfers are capped at Rs 50,000 a day. Wallet to a bank account allows Rs 200,000. Transfers to your own linked account have no limit.
Do school fees and electricity bills count against my daily limit?
No. School fees, electricity, telecom and water bills, insurance premiums, SSF contributions and government fees are exempt from the daily caps.
Can a shop charge extra for paying by card?
No. The directive prohibits any surcharge on the customer for POS transactions.
How much can I keep in my digital wallet?
Overnight balance is capped at Rs 50,000; anything above must move back to your bank account. A wallet is for spending, not saving.
Can I get my limit increased?
Banks may allow it within NRB’s ceiling, usually through a branch request. Above the ceiling, the answer is a different product, not a higher retail limit.
Sources
- Nepal Rastra Bank, Payment System related Unified Directives 2081 — Directive 5/081 on electronic transaction limits and charges.
- connectIPS transaction limits and the NCHL fee schedule effective 30 May 2025.
- Fonepay fees and charges, effective Shrawan 2082.
- NIC Asia Standard Tariff of Charges, January 2026; Global IME published mobile banking limits.
Related Reading
- SWIFT codes of all banks in Nepal
- Dollar card fees and limits in Nepal
- Essential mobile apps every Nepali should have
Disclaimer: Digital Solution Nepal is an independent educational and digital-service assistance website — not a bank, not a financial institution and not a licensed financial adviser. Bank fees, limits, eligibility rules and Nepal Rastra Bank directives change frequently and vary between customer segments. Every figure here is sourced and dated, but the bank’s own current schedule of charges and NRB’s current directives are final. Confirm with your branch before acting on anything in this article.
Rabin Paudel
Rabin Paudel is the Founder of Digital Solution, a Content Creator, and an AI Trainer. He shares practical and easy-to-understand content on Artificial Intelligence, Digital Literacy, Online Services, FinTech, and Technology. His mission is to make technology simple, accessible, and useful for everyone.
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