NMB Local Cash Management System” (LCMS) is uniquely designed product to suit your Institution and your customers’ cash management requirement. Under this agreement both the parties shall agree to accept this alliance to accept deposit, cash and check, and accept check from/to the customers (account holders) of one another.
The services to be provided by both the banks to the customers of one another shall specifically refer to the following services:
Payment Service- encashment of the check
Deposit Service- cash and check deposit of each other