Now Netflix and Amazon payments from Nepal, this is the new policy of Rashtra Bank

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Butwal, Now you can pay for Netflix and Amazon from Nepal. Nepal Rastra Bank has included the issue of payment of international digital services and e-commerce in the first quarterly review of monetary policy.

Point 66 of the Monetary Policy Review Report states that an arrangement will be made to import foreign goods and services up to a certain amount through online and provide exchange facility in foreign currency.

Excerpt from the first quarterly monetary policy review report for the fiscal year 2077/07

Just a few days ago, the Governor of Nepal Rastra Bank, Maha Prasad Adhikari , had said that discussions were underway on the arrangement of making international payments of up to USD 500 online . As soon as the issue is formally introduced in the monetary policy, NRB is busy with the homework of making necessary legal arrangements for international payments through online.

Soon, services like Amazon, Netflix and international e-commerce companies will be able to pay for the goods from Nepal. Due to the current lack of legal provisions, such payments from Nepal are considered illegal and Nepali consumers are deprived of the benefits of world-class services.






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