Kumari Bank has announced it will close duplicate accounts and cards (debit/credit) of the same nature held by a single individual. This decision follows Nepal Rastra Bank’s directive, which prohibits individuals from holding more than one account of the same type in local currency.
To implement this provision, Kumari Bank has requested customers who have more than one account or card in Nepali currency to visit their nearest branch by Asar 23 and close any unnecessary accounts or cards. The bank has stated that if customers fail to take action within the given timeframe, it will retain only one account as per the regulation and automatically close the others.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
