Nabil Bank has launched a new QR based cash withdrawal feature called Scan and Withdraw that allows customers to withdraw cash amount up to NPR 100,000 per day and NPR 1,000,000 per month from teller counter without drawing cheque.
Customers can scan QR code placed at the teller counter using Nabil SmartBank App and withdraw the required amount using their mobile banking transaction PIN. While the service already available in branches across Kathmandu valley, it will soon be launched in all branches across the nation.
Nabil Bank believes that the service will enhance the digital customer banking behavior as well as provide flexibility and capability to withdraw cash even without having to carry cheque book or ATM card. Customers don’t really have to engage in any type of physical contact with the bank teller with accounting executed automatically. Hence, the hands over cash to the customers.
Mr. Anil Keshary Shah, CEO of Nabil Bank said, “In this trying time, encashing cheque or any form of physical contact poses health risks. With Scan and Withdraw, we want to make sure that physical contact of customers with Bank teller is less and cash withdrawal request processing is quick.”
A few weeks back, Nabil Bank launched the Nabil Digi Bank, a full-fledged digital bank within a bank set up to provide banking services to the customers in their comfort — time, place, and device. The bank looks forward to becoming the first digital bank of Nepal.