What is TTR?
1 year ago
Banking
Threshold transactions includes following transactions.
1. Credit and debit transaction of NPR 1 million or more in the account of any person or entity
particularly of cooperative, private company, NGOs either by single or multiple transactions
through any mode in a day.
2. Payment of remittance of NPR 1 million or more by any person or entity to any person or entity
through single or multiple transactions in a day.
3. Exchange transactions of NPR 5,00,000 or more provided to any person or entity through single
or multiple transactions in a day.
Threshold transactions should be reported within 15 days of such transactions.
Rusma Khadka
May 23, 2023