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Cross-Border Fund Transfer (Nepal–India)

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Send Money Instantly Between Nepal and India Using Your Mobile Banking

Everest Bank Limited (EBL) is pleased to announce the public launch of the Real-time Nepal–India Cross Border Person-to-Person (P2P) Remittance Service through our EBL Touch 24 Mobile Banking Application.

This service allows eligible customers to transfer funds seamlessly between Nepal and India using just a Virtual Payment Address (VPA) / UPI ID – no need to share sensitive bank account details.

Who Can Use This Service?

Send Money from Nepal to India Receive Money from India to Nepal
Indian citizens working in Nepal with a fully KYC-compliant personal account (Savings) at Everest Bank Nepali citizens with an Everest Bank account

Indian citizens with an Everest Bank account
Valid mobile number registered with the bank Valid mobile number registered with the bank
Active EBL Touch 24 mobile banking user Active EBL Touch 24 mobile banking user
Create VPA ID and provide consent via mobile banking for cross-border transfers.

Eg: VPA 123456789@ebl

 Active VPA ID with consent enabled for cross-border transfers.

Purpose of Transaction: Family maintenance & savings only (as per NRB-approved purpose codes).

Transaction Limits & Charges

Transaction Type Per Transaction Per Day Per Month Bank Charge to Customer
Inward (India → Nepal) INR 2,00,000 INR 2,00,000 No limit As per Indian bank
Outward (Nepal → India) INR 10,000 (≈ NPR 16,000) INR 15,000 (≈ NPR 24,000) NPR 1,00,000 NPR 300 per transaction

Note: Limits are subject to change as per Nepal Rastra Bank directives (FXD Directive: 7-2082).

How to Send Money from Nepal to India (Step-by-Step)

One-Time Setup (Non-Financial)

Before your first transfer, you must provide your consent:

  1. Log in to EBL Touch 24
  2. A pop-up will appear for “Cross Border Transfer”
  3. Select your account and provide consent to send/receive funds.
  4. Authenticate using MPIN or biometric (fingerprint / face ID).

You can manage this consent later from Profile → Cross Border Transfer in the app.

Sending Money (Financial Transaction)

Once setup is complete:

  1. Log into EBL Touch 24.
  2. Go to Send Money→ Select Cross Border Transfer.
  3. Enter the recipient’s India UPI ID (VPA)and Full Name
    (Example: abc@okicici or 9876543210@pnb).
  4. Enter the amount in Indian Rupees (INR)and select the purpose code (e.g., family maintenance).
  5. Review total cost: INR amount, NPR equivalent, and bank charges.
  6. Authenticate using MPIN or biometric.
  7. Receive instant confirmation– the beneficiary’s account in India is credited almost instantly.

Important: International transactions must be enabled for your account via the one-time consent process described above.

Key Reminders for Customers

  • This service is available only to Indian citizens residing and working in Nepalwith an Everest Bank account (for outward transfers from Nepal).
  • Always verify the recipient’s UPI ID (VPA)carefully before confirming.
  • Ensure your EBL Touch 24 app is updatedto the latest version.
  • Strictly adhere to per transaction, daily, and monthly limits.
  • Transaction confirmation messages should be saved for reference.

Customer Support

For assistance with cross-border transfers, please contact:

  • Your nearest Everest Bank Branch
  • Digital Banking & Card Department
  • Customer Care: 01-5970118
  • Toll Free No : 16600171718 / 18102171718
  • Email: [email protected]
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