Himalayan Bank has introduced the RMB Card in partnership with UnionPay to facilitate payments in Chinese currency for Nepali travelers visiting China. The bank’s CEO Ashok Shamsher Rana and UnionPay’s Vice President Zhuang Bei jointly launched this card service, enabling Nepalis traveling to China to make hassle-free transactions in Chinese yuan. Kathmandu, 1 June – The Himalayan Bank, in collaboration with UnionPay, has launched the RMB Card service to simplify travel and payments for Nepali customers visiting China. This new service is expected to significantly ease cross-border transactions.
The card was inaugurated during an event held at the Marriott Hotel in Naxal, Kathmandu, where Himalayan Bank’s CEO Ashok Shamsher Rana and UnionPay International’s Vice President Zhuang Bei officially unveiled the service for the first time in Nepal. Through the card, customers will be able to make seamless payments in Chinese currency (CNY) via ATMs, POS machines, QR codes, and e-commerce platforms during their visit to China. The bank highlighted that compared to other available options, this card is cost-effective and widely accepted.
“Students, businesspeople, tourists, and institutional visitors can load funds up to the limit approved by Nepal Rastra Bank’s Foreign Exchange Department onto the UnionPay RMB Card and use the UnionPay network to make payments in Chinese currency through QR codes such as Alipay Plus, WeChat, Nihao China, and other methods,” the bank stated in its announcement.
