Document requirement:

Following documents are required to open a Current / Savings Account with the Bank.

Current Account

  1. Initial deposit of NRs. 5,000.00 must be made to open a current Account in local currency and USD 100.00 or equivalent in foreign currency A/C which is also the minimum balance acceptable by the Bank to maintain the account. Any balance below minimum will be liable to incidental charges as fixed by the Bank from time to time.
  1. Interest on the Overdrawn Current Account will be charged on daily products at the prevailing rates and debited to the account on every Nepali month end..
  2. Foreign currency A/C can not be overdrawn, as per the regulation.

Savings Accounts

  1. Interest will be calculated and credited to depositor's Savings Accounts on minimum monthly balances bi-annually.
  2. Initial deposit of NRs. 2,500.00 must be made to open the local currency A/C and USD 50.00 or equivalent in foreign currency A/C which is also the minimum balance acceptable by the bank to maintain the account. No interest will be calculated for balance less than specified above.
  3. Savings A/C cannot be overdrawn.

Product & Services | Nostro Banks | Funds Transfer
Account Openning - Ducument Requirement - General Rules | Coresponding Addresses

E-mail: banshi@hbl.mos.com.np