How to send money to Nepal
Find out how to send money to Nepal with the best providers in four easy steps
1. Check the NPR mid-market rate against the currency you want to send
Converting your money on a date when the mid-market is higher than usual can help you save money. Keep track of the Nepalese rupee rate and transfer your money when the exchange rate reaches your target level.
2. Make your choice among the 11 services sending money to Nepal in order to select the best one.
Monito's comparison engine lists quite a few services to transfer money to Nepal, such as TransferWise, Western Union, MoneyGram, Xendpay, Orbit Remit. Using the most competitive provider from the more than 11 available options is a sure way to save on costs.
3. Choose the best option for your personal needs
Are you looking for the money transfer provider with the best rates and lowest fees, the faster transfer time, best reviews, or a good combination of the three.
It is also interesting to have a look at the pay-in and pay-out methods. You may have the choice to pay for your transfer by sending the money from your e-banking or by cards (credit or debit). On the other side of the transfer, you often have to decide if you want the money to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and start your transaction to Nepal with the service of your choice
Now is the time to sign up on the provider's website - be aware you will often need to provide a copy of your ID and/or a proof of adress - and set upyour transfer to Nepal.