Avoid cheque bounces and clearance rejections. Format A/C Payee Only crossings, cancel bearer privileges, and generate tamper-proof amounts in words in English & Devanagari (अक्षरमा).
Kathmandu Main Branch • NEPAL
Key compliance standards under the Negotiable Instruments Act 2034 and NRB clearing house rules.
Always draw double diagonal lines with A/C Payee Only when paying suppliers or service providers. This guarantees funds cannot be cashed fraudulently over the counter.
Under Nepal banking rules, a cheque is valid for exactly 3 months from the date inscribed. A post-dated cheque cannot be cleared prior to the written date.
Issuing a cheque without sufficient balance triggers criminal blacklisting by Nepal's Credit Information Bureau (CIB) after 3 bank dishonor notices.
ByaparOS automatically logs cheque disbursements against vendor bills, performs 1-click Bank Reconciliation Statements (BRS), and facilitates bulk digital fund transfers (ConnectIPS & NCHL).
Crossing a cheque with two parallel lines and 'A/C Payee Only' in the top-left corner ensures the funds can ONLY be deposited into the bank account of the named payee under Nepal's Negotiable Instruments Act 2034. It cannot be cashed over the counter or endorsed to a third party.
Adding 'Only' (or 'मात्र' in Nepali) prevents fraudulent insertion of additional words (e.g. turning 'Five Thousand' into 'Five Thousand Nine Hundred'). It is a legal standard required by all commercial banks in Nepal.
Most government and domestic commercial banks in Nepal accept Bikram Sambat (BS) dates on cheques. However, international banks (like Standard Chartered) or foreign currency cheques prefer Gregorian (AD) format. Ensure your date matches the format pre-printed in your cheque's date boxes.
ByaparOS automatically logs cheque numbers against supplier purchase invoices, tracks cleared vs unpresented cheques, generates automated Bank Reconciliation Statements (BRS), and supports bulk electronic bank transfers (IPS / ConnectIPS).