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Nepal Rastra Bank revokes licenses of two money changers 

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. Nepal Rastra Bank (NRB) has cancelled the license of two money changers. Nepal Rastra Bank (NRB) has cancelled the license of Lord Buddha Money Exchange and Stupa Money Exchange.

“The Nepal Rastra Bank has decided to cancel the license of the following money changers who have obtained the license to carry out money changer transactions from this bank as per the provisions of sub-regulation (3) of Regulation 19 of the Nepal Rastra Bank, Money Changer License and Inspection Regulations, 2077 (with fourth amendment) within three months from the expiry date,” the NRB said in a statement.TAG_OPEN_div_8 । ’

The two Lords TAG_OPEN_div_6 Buddha Money Exchange and Stupa Money Exchange were operated at Sundhara of Kathmandu Metropolitan City. Nepal Rastra Bank (NRB) has revoked the license for not renewing it on time.

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