Nepal Clearing House Ltd. (NCHL) is a public limited company established on 23rd December 2008 (9th Mangsir 2065) under the leadership and guidance of Nepal Rastra Bank (The Central Bank of Nepal) and Nepal Bankers Association. It has the equity participation from Nepal Rastra Bank, major commercial banks and Smart Choice Technologies (SCT), a private card switch operator. NCHL will initially implement and operate NCHL-ECC System in Nepal offering banks and financial institutions with an electronic medium of cheque clearing and later, establish…