An account payee cheque mandatory to firm/company/Institution and offices

NRB has made a policy decision to  issue an account payee cheque mandatorily to the firm/company/institution and offices effective from Shrawan 01, 2070 (BS). The NRB issued a circular notice to all the banks and financial institutions to this effect in order to maintain uniformity, transparency and make a payment system riskless through Cheque.