Nepal, (Federal Democratic Republic of Nepal) is located in the middle of the southern foot of the Himalayas, bordering north side with China Tibet and bordering west, south and east with India. Nepal has the area of 14.7 kilometer square with the border of 2,400 kilometer. Because of its special narrow terrain in between China and India, Nepal plays as the role of military buffer zone between China and India.
Nepal is reputed as “mountains country” with mountains overlap, within the multi-peak, Mount Everest in the Nepal border. North of the country is divided into northern, central and southern climate zone. Northern cold season minimum temperature reaches -41 ℃, and southern highest temperature reaches 45 ℃. Nepal’s capital is Kathmandu, located in a green valley at the southern foot of the Himalayas, known as the "Spring City." Kathmandu is also reputed for its famous temples in the world, the most famous Brahma Temple and other magnificent pagoda that attracts thousands of foreign tourists every year.
Nepal has a long history, testablished the dynasty in B.C 6th century. In May 2008, Nepal Constituent Assembly abolished the monarchy, since then, the 240-year-old Shah dynasty in Nepal ended and King Gyanendra became a civilian. Nepal has population of 26 millions people and is the world’s only Hindu country with 86.5% Hindus. Nepali is the national language and English is common used in upper social class. The currency of Nepal is Nepalese rupee (NPR), 1 USD is converted into about 80 NPR, and 1 RMB is converted into about 10NPR.
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CUP Service Opening Time January 2011
Local CUP Service Hotline N/A
Using the Card in POS Terminals
Application Range
At present, CUP has cooperated with the Nabil Bank
in Nepal to open the merchant acceptance service of CUP cards. Merchants with the CUP logo all accept CUP cards. Some merchants may not have put up the CUP logo, but cardholders can inquire of the cashier whether or not the shop is a Nabil Bank merchant and if CUP cards are accepted.
Accepted Cards and Relevant Procedure
Bankcards with the CUP logo, not including the Visa-CUP dual-brand cards.
Relevant Charges
No fee charged while swiping the card in POS terminals.
Compared to other bankcard networks, the 1%-2% currency conversion fee is exempted when withdrawing cash via the CUP network. CUP will convert the amount of local currency withdrawn into that of RMB based on the market exchange rate, and the issuer will deduct that amount from the cardholder’s RMB account in time. There is no need to exchange foreign currency and it is convenient and economical.
ATM Cash Withdrawal
Application Scope
At present, CUP card can be used in ATMs of Nepal Nabil Bank, Standard Chartered Bank (Nepal), and SBL for the withdrawal of local currency (Nepal Rupee) or balance inquiry. CUP cards cannot be used for the counter transfer and cash withdrawal while abroad.
Accepted Cards
Bankcards with the CUP logo only, including CUP debit cards and CUP credit cards.
Reminder: Cardholders are recommended to use the CUP debit card for cash withdrawal while abroad since overdraft interest will occur when using a credit card.
How to Identify ATMs that Accept CUP Cards?
All ATMs with the CUP logo 
or Nabil Bank logo and Standard Chartered (Nepal) logo 
and SBL logo
accept CUP cards.
Chinese Interface
Chinese interface is unavailable at present; please choose English as the prompt language.
Operation for Cash Withdrawal
Most ATMs will dispense cash before returning the card; the cardholders shall follow the screen prompt for operation.
Charges and Cash Withdrawal Limits
For ATM cash withdrawals with CUP cards while abroad, follow the stipulations set by relevant state authorities: The daily accumulative withdrawal amount of foreign currency per CUP debit card shall not exceed the equivalent of RMB 10,000. Please consult the issuing bank for the daily cash withdrawal limits of the CUP credit card.
Certain amount of commission fee will be charged by the issuing bank for cash withdrawal while abroad. Please consult the issuing bank for more details on specific rates, the times of cash withdrawal each day with a single card, withdrawal limit per time, accumulative cash withdrawal limit, etc.
Compared to other bankcard networks, the 1%-2% currency conversion fee is exempted when withdrawing cash via the CUP network. CUP will convert the amount of local currency withdrawn into that of RMB, and the bank will deduct that amount from the cardholder’s RMB account accordingly.
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