A World Bank initiative to reduce the amount of physical cash in circulation thereby encouraging the use of electronic platforms for settlement or payment for goods and services.

There is no limit to the amount that can be paid into any account

A. No, Payment from Government Accounts to Vendors and Staff ordinarily should be done through E-Payment platforms.

No. all withdrawals will be treated while the applicable charges will be taken on same.

Yes, provided the cheque is opened for cash. The customer should provide the necessary account opening requirement. They can also open other accounts provided they meet the documentation requirements for such accounts.