ConnectIPS increased The Limit of Transactions:
The limit of transactions through ConnectIPS has increased. The Nepal Clearing House has increased the limit of transactions through Connect IPS considering the demand of the consumers.
Up to Rs 1 million per transaction and up to Rs 2 million per day can be paid through the Connect IPS website.
Similarly, transactions through mobile apps can be done up to one lakh rupees per transaction and up to two lakh rupees per day.
Similarly, the daily limit for payment of share transactions has been increased to Rs 10 million. The limit of transactions through Connect IPS will be on the basis of per bank and financial institution.
