New donation account for Amitabha Foundation

Dear Truelha,

Bank has issued a notice that Nepal Rastra Bank (Central bank of Nepal) has recently come out with an additional provision restricting Organizations from opening and maintaining Saving Account.

The Section no. 3 (5) of Nepal Rastra Bank Unified Derective No. 16/066 issued by Nepal Rastra Bank states that Savings Account can only be opened by Natural Person. As per the Directive the accounts which have already been opened in the past in the name of an Organization or Institution must be immediately closed.

 

In order to comply with the above Directive, we have converted the saving accounts maintained into Current accounts.

 

Amitabha Foundation old account:

Account Name:

Amitabha Foundation:        Saving account: (NPR) 18-1040987-01

Amitabha Foundation:        Saving account (Euro)  05-1040987-76

 

New existing current account:

Account Name:

Amitabha Foundation:       Saving account: (NPR) 01-1040987- 01

Amitabha Foundation:       Saving account (Euro)  01-1040987-76

 

Please forward this information to all our Donors and Affiliation.

 

Regards

Lobsang