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NE

Payments for Convera

Nabil Bank and Convera Partnership

Nabil Bank has partnered with Convera, UK for processing international education related payment from Nepal to various colleges and education institutions associated with Convera all across the world.

Through this partnership with Convera, Nabil Bank aims to provide one stop solution to students, parents, and education consultancies for the payment of tuition and student fee.

Benefits to Customers

  • Simple, secure and smart fund transfer process
  • Payment quote in Nepalese Rupees (NPR). Know exact amount needed for payment without hassle of currency conversions
  • Route funds from any bank of Nepal to Nabil Bank for hassle free fund transfer.
  • No Additional Charges. All end-to-end charges are included in the quoted payment amount
  • Easy refund procedure
  • Processing time within 72 hours
  • Easy Tracking of Payments
  • Large Network Reach and Same Solution Across All Nabil Branches
  • Amount transfers to NABIL can be done with IPS/RTGS or cheque deposits.

बारम्बार सोधिने प्रश्नहरू

What is Convera?

Convera is a leading global payment provide associated with over 800+ educational institutions all over the world.

Convera specializes in providing foreign exchange product and services and payment solution for small and medium-sized businesses, educational institutions, financial institutions, Payroll, Pensions, Travel, Healthcare, Legal, NGOs and other areas.

Do customers need to have an account at NABIL Bank to process for Convera’s Payment?

No, it is not mandatory to have an account at Nabil bank to process for Convera’s payment, however, the customer have to fill up an additional KYC document and provide identification (Citizenship, Passport) at the bank.

When will the payment amount be sent to Convera?
  • If customers visit the branch, provide all the documents, deposits the amount and completes the process within 4:00 PM from Sunday to Thursday and 1:00 PM on Friday, such payments shall be sent on the same day.
  • Other requests on working days received after the cut off time mentioned above shall be processed on the next working day to Convera.
  • No transaction shall be done on holidays but customers can still send money to Convera’s NPR account through RTGS or IPS.
When will the amount be sent to the University?

The process of final settlement to the university shall be done by Convera itself and it takes them a maximum of 72 hours (maximum filter) to update the dashboard after payment is made. Customers can also find the information regarding the settlement time in the Payment Instruction quote.

How payment through Convera is made??

At first the customers book the payment from convera and then generate payment instruction quote. After receiving payment instruction quote which is valid for 72 hours from the date of booking. Then, the customer shall:

  • Visit the Nabil Bank branch (any branch)
  • Deposit the NPR amount as stated in the Convera Payment Instruction into Convera’s NPR Account at Nabil Bank
  • Provide all required documents
  • Fill SWIFT request (Payment Order ) form
  • Fill KYC form (If customer is non account holder)