Money and Banking in Nepal
General information
Payment in hotels, travel agencies, and airlines are made in foreign exchange. Nepal has modern banking facilities and some of the International Banks have their own offices in Kathmandu. Almost all foreign currencies along with credit cards such as American Express, Visa and Master Card, etc. are accepted in Nepal at major hotels, shops and restaurants.

Remember: Check your credit card expiration dates if you are leaving for an extended journey.

All visitors are required to exchange their money through the bank or authorized agents only. In Kathmandu banks have money exchange counters. These facilities to change money are quick and convenient. Ask for receipts when money is changed. On the return journey, if visitors are left with Nepalese rupees, they can exchange 10% against exchange receipts to about 10 or 12 different kinds of foreign currency at the Tribhuvan International Airport Kathmandu.

Major banks, hotels, and the exchange counters at Tribhuvan Airport provide services for exchanging foreign currency. US dollar traveler's checks can be purchased from American Express at Durbar Marg and other major banks in Kathmandu. Banks typically charge 1% of the face value to cash traveler's checks.

When traveling around Nepal, change large bills whenever you can. Taxis, Bicycle Rickshaws and small shops seldom have small bills. Do not be afraid to ask local shops for change, but expect to ask three or four before someone can/will change your large bill.

ATM
 Standard Charted Bank (used to be Grindlays Bank), Most of private banks are offering ATM service in their different branches in Kathmandu and Pokhara. You can get cash advances on both Visa and Master card. These ATMs are accessible 24 hours a day.

Currency and exchange rates
Exchange rates are published in English daily newspapers such as The Rising Nepal, The Himalayan and The Kathmandu Post. Nepalese Rupees are found in denominations  of 1000, 500, 250, 100, 50, 25, 20, 10, 5, 2 and 1. Coins are found in denominations of 10, 25 and 50 paisa. One rupee equals 100 paisa