Module: General Practice
Q1: In June 2026, RBI announced the first phase of cross-border payment connectivity with Cambodia. Which Cambodian bank partnered with NPCI International Payments Limited (NIPL) to launch this service?
✅ Correct Answer: A
The correct answer is Acleda Bank Plc.
The Reserve Bank of India and the National Bank of Cambodia started a new system so Indian travelers can use their Unified Payments Interface apps to pay shops in Cambodia.
This connection is between NPCI International Payments Limited and Acleda Bank Plc.
Right now, this service is only for paying shops, not sending money to friends.
With this new connection, the Indian payment system is now working in nine countries, which are Singapore, United Arab Emirates, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar, and Cambodia.
The Reserve Bank of India and the National Bank of Cambodia started a new system so Indian travelers can use their Unified Payments Interface apps to pay shops in Cambodia.
This connection is between NPCI International Payments Limited and Acleda Bank Plc.
Right now, this service is only for paying shops, not sending money to friends.
With this new connection, the Indian payment system is now working in nine countries, which are Singapore, United Arab Emirates, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar, and Cambodia.
🧠 Real-World Scenario:
Imagine an Indian Tourist is visiting Cambodia and wants to buy souvenirs. Suddenly, they realize they have no local cash.
According to the rules, they can use their Indian UPI App to scan and pay directly at the shop thanks to the NIPL and Acleda Bank partnership. This means Indians can travel lighter and pay shops instantly without currency exchange fees.