(1) Only the following financial institutions may obtain a license to carry out international financial transactions under this Act:-

(a) Foreign banks and trust companies,

(b) International insurance and reinsurance companies,

(c) Companies acting as authorized offices of foreign companies,

(d) Foreign holding investment companies,

(e) Administrative or regional offices established by foreign financial companies,

(f) International business companies,

(g) International financial companies,

(h) Foreign Real Estate Holding Company,

(j) Foreign Patent and Royalty Company

(j) Foreign Mutual Fund,

(k) International Leasing companies,

(l) International merchant banks

(d) Entities such as foreign partnerships and trusts incorporated as incorporated bodies,

(d) International sales Trading company,

(n) Foreign entity authorized to operate non-resident pension and deferred bonus scheme,

(h) Securities broker, underwriter, investment advisor, pension fund advisor etc. International financial companies providing financial services.

(2) Notwithstanding anything written in sub-section (1), such financial institution in order to obtain a license under this Act shall be Nepal ………. Must be registered in a foreign country according to the law and involved in international financial transactions for at least three years. Can increase or decrease.