Machhapuchchhre Bank Visa Debit Card features and advantages

Machhapuchchhre Bank provides you the opportunity to enjoy the benefit of electronic transactions (cash withdrawal, purchase, fast cash transaction) by availing the following Visa card types:
1. MBL Visa debit card - Domestic (valid in Nepal and India only)
2. MBL Visa debit card – International (valid in all countries except Nepal and India)



MBL Visa debit card - Domestic (valid in Nepal and India only)
Customers can apply for MBL Visa debit card – Domestic from any of our branches. This card can be used in all ATMs and POS displaying Visa logo in Nepal and India.
Features:
• Valid in Nepal and India only
• Signature based debit card.
• PIN entry required only in ATM. PIN entry not required in POS.
• Accepted widely and secure transaction.
• Supplementary cards can be issued to customer’s spouse, children or parents.
Transaction limits in Nepal:
• Cash withdrawal limit of NPR 1,00,000 per day
• POS purchase/cash advance of NPR 1,00,000 per day
• Combined cash withdrawal and POS purchase/cash advance limit of NPR 2,00,000 per day

Transaction limits in India:

• Cash withdrawal limit of NPR 16,000 per withdrawal
• Cash withdrawal limit of NPR 16,000 per day
• Cash withdrawal limit of NPR 1,60,000 per month
• POS purchase/cash advance of NPR 40,000 per day
• POS purchase/cash advance limit of NPR 3,20,000 per month
• Combined cash withdrawal and POS purchase/cash advance limit of NPR 56,000 per day
• Combined cash withdrawal and POS purchase/cash advance limit of NPR 3,20,000 per month 

  Card Fees

Joining fee	Rs. 200
Annual fee (next year onwards)	Rs. 200
Card replacement/reissuance fee	Rs. 200
Re-PIN generation fee	Rs. 100

 Transaction charges

	MBL network	NIBL NPN National network	SCT Network	Visa network
Cash Advance	N/A	Rs 20	N/A	Rs 200 or 1% whichever higher
Cash withdrawal	free	Rs 20	Rs 30	Rs 200 or 1% whichever higher
Balance Inquiry	free	Rs 5	Rs 5	Rs 50
POS purchase	N/A	free	free	free
Mini statement	free	not allowed	not allowed	not allowed
PIN change	free	not allowed	not allowed	not allowed

  MBL Visa debit card – International

Customer can now apply for MBL Visa debit card – International from any of our branches. This card can be used in all Visa ATMs and Visa merchants worldwide except in Nepal and India.

Customer must meet the following criteria to apply for MBL Visa debit card – International.

• Must have convertible foreign currency account in any of our branches
• Valid Visa and confirmed air ticket for travelling abroad
• Nepal Rastra Bank permit for foreign currency for travelling abroad

Features

• Valid worldwide except in Nepal and India
• Signature based debit card.
• PIN entry required only in ATM. PIN entry not required in POS.
• Accepted widely and secure transaction.
• Supplementary cards can be issued to customer’s spouse, children or parents.

 

MBL Mobile Money (M3)

MBL Mobile Money (M3):

Inquiry

Utility Bill Payment

• Nepal Telecom Postpaid Mobile Bill Payment
• Nepal Telecom Prepaid Recharge PIN purchase
• CDMA Re-Charge PIN Purchanse
• NTC landline Bill Payment
• Other Merchant Payments

 

Transaction Alert (Upon the withdrawal/deposit of NPR. 5,00,000.00 (for saving account holders) and (for current account holders), our SMS Server will automatically generate a reminder message and send to the respective account holders.)

Fund Transfer to Destination Account

 

 

SMS Banking

Machhapuchchhre Bank brings you the SMS Banking facility - a facility that lets you keep track of your account even while you are on the move. This facility is available for all your deposit Accounts.

(Send your SMS to the mobile no : 4545)

Balance (Online Account Balance) :
Type : pin bal
Example : mbl bal (pin followed by syntax)

Exchange Rates (Timely Update of the Exchange Rates) :
Type : pin fx currency code
Example : mbl fx usd (pin followed by syntax, then currency code)

Statement (Account Statement for the Last Five Transactions) :
Type : pin lt
Example : mbl lt (pin followed by syntax)

Loan Reminders (Reminders for Loan Customers) :
This will automatically be sent by SMS Server.

Help (Timely Query Response) :
Type : pin help or help
Example : mbl help (pin followed by syntax) or help

Change Pin (Change Password) :
Type : old pin pin new pin
Example : mbl pin mach (pin followed by syntax and new pin)

MBL VISA Debit Card

The VISADebit Card of Machhapuchchhre Bank allows its customers to access a all VISA network of ATMs located in Nepal and India.

The VISA card allows the cardholder to withdraw cash, inquire account balances, mini statement and change PIN number. The card can also be used to pay for purchases in various stores, restaurants, shops and other merchant establishments having Point of Sales (PoS) terminals.

Internet Banking

Internet Banking

Features :

• General
  • Activity Log
    • Change Password
    • Change Profile
  • Downloads
    • Activity Log
    • Account Transactions
    • Change of Address
• Accounts
  • Balances
  • Account Statement
  • Loans and Deposits

• How do I get internet banking

You need  to fill in an application form for online banking service to acquire your user ID. Form is available in our wesite or in any of our branches.

For further information please vist any of our branches.

Any Branch Banking

With Machhapuchchhre Bank Ltd. (MACH Bank Ltd.), our clients can do business from any of the branches irrespective of in which branch the account was opened. The newtork is online and one can have access to his/her account from any of the branches of the Bank.

Trade Finance

Recognizing the growing importance of international trade in the economy and need for bank's active participation in this regard, Machhapuchchhre Bank Limited offers following products and services:

Letter of Credit

• Import LC services
• Export LC services
  

Export Documents / Bills

• Negotiation
• Purchase / Discount
• Acceptances
  

Bills in Collections

• Import Collections
• Export Collections
  

Clean Collection

• Inward Collections
• Cheques and Drafts
• Outward Collections
• Cheques, Drafts and Travelers Cheques
  

Guarantees

• Bid Bond / Tender Guarantee
• Performance Guarantee
• Advance Payment Guarantee
• Financial Guarantee
• Counter Guarantee
• Other Guarantees
  

Money2Nepal

The bank has been putting a lot of emphasis on the proper channeling of funds from different parts of the world to Nepal. It has established relations with the following Exchange Houses for this purpose.

 

• Bahrain Financing Company BFC - www.bfc.com.bh
• Xpress Money Services Limited, UAE - www.xpressmoney.com
• International Money Express IME - www.imeremit.com.np
• UAE Exchange, UAE - www.uaeexchange.com
• Modern Money Express
• Western Union Money Transfer - www.westernunion.com
• Crystal Worldwide Money Express
• City Express Money Transfer - www.ct-xpress.net
• Moneygram

You can go to any of these Exchange Houses and request them to make a transfer through any of our offices in Nepal.
OR
You can go to your bank or to any bank in your vicinity and request them to remit your funds to any of the banks mentioned above in the currency specified above in Machhapuchchhre Bank Ltd.'s Account.

Remittance

• Funds Transfer (Draft / Telegraphic Transfer / Mail Transfer)

Funds can be transferred to the bank from anywhere, in most of the major currencies through our Correspondent Banks, Financial Institutions in Middle East, Europe and East Asia and also from Other Banks.
Funds can also be transferred to any of the following cities of the country directly form our branches as well as through our local correspondants in Kathmandu, Pokhara, Birgunj, Hetauda, Biratnagar, Bhairahawa, Butwal, Birtamod, Buhabi, Damauli, Banepa, Nepalgunj, Narayanghat, Janakpur and Dhangadhi.
In addition to the above, we also provide fund transfer service to other cities of Nepal through our local correspondants.Outward remittances in Indian Rupees and other Foreign currencies will be made as per the rules and regulation of Nepal Rastra Bank (i.e., Central Bank of Nepal).

• Remittance Facility from the East Asia (Malaysia):

We have special arrangement with International Money Express Pvt. Ltd. (IME) for remittance of funds from Malaysia to Nepal. The Nepali Nationals working in Malaysia can benefit from this arrangement.

• Remittance Facility from the Middle East (Qatar and UAE):

We have special arrangement with Mashreq Bank PSC, Dubai and Habib Qatar International Exchange Ltd., Doha, and Express Money. The Nepali nationals working in the Middle East can safely transfer money from any branch of Mashreq Bank PSC and Habib Qatar International Exchange and the beneficiary will get money within one to three days.
Nepali Nationals in Hong Kong, Korea, USA, Europe, and Middle East can transfer money through Baharain Finance, Liberal Money, UAE Exchange, C-Mode Inc., and Krishi Premura. The beneficiary can get money on the same day you remit. We charge nothing for payment of your money to the beneficiary.

Correspondent Banks

Machhapuchchhre Bank Limited has maintained agency accounts with following banks in the major business centers of the World:

Name of Bank	SWIFT Address	Bank A/C No.
US Dollars
Standard Chartered Bank One Madison Avenue New York, NY 10010, USA	SCBLUS33	3582 072 101 001
Mashreqbank PSC, 255 fifth Avenue New York, NY 10016	MSHQUS33	70008068
Australian Dollar
Austalia and New Zealand Banking Group Limited Level 6 Podium 530 collirs Street Melbourne Victoria 3000, Australia	ANZBAU3M	881490 AUD 00001
EURO
Standard Chartered Bank Frankfurt, Germany	SCBLDEFX	01808 6207
Sterling Pound
Standard Chartered Bank 22 Billiter Street, London EC 3M 2RY, United Kingdom	SCBLGB2L	01250847801
Japanese Yen
Standard Chartered Bank Sanno Park Tower 21F 2-11-1 Nagata-Cho, Chiyoda Ku, Tokyo 10 6155 Japan	SCBLJPJT	2192201110
Indian Rupees
Standard Chartered Bank 19 Netaji Subhas Road Kolkata, India	SCBLTNBBCAL	32205121725
ICICI Bank 8th Floor, South Block, ICICI Tower Bandra Kurla Complex Mumbai 400 051	ICICINBB	000 405 075 251