IME Life New

Air service providers now have $100,000 exchange facility per time, permanent account number mandatory

SPIL
Global College
Nepal Life New

Kathmandu. Air service providers will now be able to exchange up to $ 100,000 per time.

Nepal Rastra Bank (NRB) has amended the unified directive issued for foreign exchange trading bodies. According to the revised guidelines, aircraft operators will now be able to exchange up to $ 100,000 or equivalent of foreign currency per time for the import of services.

Crest

In the previous directive, it was not disclosed how many times the aircraft operators would get the exchange facility.

To get this exchange facility, it is mandatory to submit a firm, company or institution registration certificate and permanent account number registration certificate. Earlier, a firm, company or institution had to submit a registration certificate and a tax registration certificate.

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