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Storing Euro in Nepal, is it possible?

3 hours ago
The Problem

Imported from Reddit (r/Nepal)

  • Original title: Storing Euro in Nepal, is it possible?
  • Source link: Open Reddit Post
  • Detected categories: Auth & Access, Website/App Bugs, Platform Support Needs
  • Matched keywords: help, daily, app, nepal, nepali
  • Comment count on source: 3

Post Details

I’m looking for some advice on managing foreign currency in Nepal. I have some savings in Euro (EUR) and I want to transfer them to a bank in Nepal, but I want to keep them as EUR rather than having the bank automatically convert them into Nepali Rupees (NPR). I've heard about "FCY" (Foreign Currency) accounts, but I'm a bit confused about the current 2026 NRB rules. Which banks are best for this? (Nabil, NIMB, Standard Chartered, GBIME, etc.?) Eligibility: Do I need to prove a specific source of income (like a foreign job/contract)? Withdrawals: If I store EUR, can I withdraw it as EUR cash later, or only NPR at the daily rate? Minimum Balance: Is there a high minimum deposit for EUR accounts? If anyone has done this recently or works in banking here, I’d really appreciate the help!

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Status Open
Posted 3 hours ago
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