Connect IPS
ConnectIPS is a e-Payment system developed & operated by Nepal Clearing House Limited (NCHL) as single payment platform through which bank customer can transfer funds & service payments from various platforms. Multi-channel banking platform for all its users, ConnectIPS allows you to link multiple bank accounts and process payments from these linked accounts. Verify your Nabil Accounts by Self-Account Verification.
Benefit
- Single Platform for your multiple Bank Accounts
- Transaction initiation from all enrolled Bank Accounts
- Payment options for various merchant such as Government Tax Payment, TMS of Nepse, e-Commerce Website, Travel & Tours, Airlines, Insurance Payments, etc
Security
- Captcha & transaction password authentication for Log-in
- One-time password verification for each transaction
- User has to ensure that an image and a phrase as set by him/her at the time of user creation is displayed every time on the login page
FAQs
This feature allows you to self-verify your linked Nabil Bank accounts in Connect IPS. Please note that there is a transaction limit of NPR 5,00,000 for self-verified accounts, which is subject to change according to the bank's policy. Once your Nabil account is enabled for this option, the ‘self-verify account’ option will appear in your pending bank account list.
To verify account, follow the mentioned procedures
Step 1: Go to link bank account under Bank Account > Manage Account to link your account.
Step 2: In pending bank accounts list, click on the pending bank account and go option of self-verify account.
Step 3: Based on the input information and automated process for self-verification, an OTP will be sent to the verified mobile number and email address that is registered at Nabil.
Step 4: After the successful verification of One Time Password, the status of the linked account will change as ‘AUTOACCEPTAPPROVAL’.
Step 5: The system will then generate two micro-deposit amounts that will be credited on the customer’s linked bank account.
Step 6: You will now have to check your account and input the two micro-deposit amounts. Once both micro-deposit amounts are verified, the linked account will be verified automatically and the status of the account will change as ‘ACCEPTED.’
Step 7: Now the linked Nabil account can be used for normal transaction up to the specified transaction limit.
Step 1: Log-in to connectIPS with your username and password
Step 2: Select ‘Bank Account’ from Dashboard
Step 3: Select ‘Link Account’
Step 3: Fill your Nabil account details)
Step 4: Select ‘Send for Approval’
Step 5: Download the linked bank account form
You then need to carry the downloaded and duly signed linked bank account form to your branch for one-time verification and activation of Nabil account. Alternatively, you can select ‘self-verify account’ option to self-verify the linked account. This option will enable you to conduct transaction without visit to Nabil braches.
To increase the transaction limit for a self-verified Nabil account, you will have to go to update limit option available inside manage account and visit bank along with downloaded form.