[Show all top banners]

wonton
Replies to this thread:

More by wonton
What people are reading
Subscribers
[Total Subscribers 0]
:: Subscribe
Back to: Kurakani General Discussion Refresh page to view new replies
 Which is better XOOM money transfer or Prabhu money transfer
[VIEWED 2594 TIMES]
SAVE! for ease of future access.
Posted on 06-27-18 1:40 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

I am debating which one to use. Anyone has any idea? which one gives better exchange rate?

Both seems to be free for $1000 or more transfer
 
Posted on 06-27-18 2:06 PM     [Snapshot: 31]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

I have not used Prabhu for sending money. But XOOM is very convenient for me. It is so fast and convenient, I kid you not, once day I was on my phone using the XOOM app, almost ready to send the money. Then there was a little bit of dust on my screen; I tried to clean the dust with my hand and it got "swiped" accidentally. Before I realized, the money was ready for pick-up in Nepal. It's that quick!! LOL
 
Posted on 06-27-18 2:21 PM     [Snapshot: 46]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

StatusPidit,

Does XOOM also provide Bank account deposit in Nepal? How reliable it is and how fast is the bank account deposit service, any idea?

I have been using Muncha Money transfer for past few years. Everything was so smooth and convenient until they started delaying the transactions citing their partner system is upgrading. Now it takes almost 8-10 days for money to deposit in the bank through Mucha. They suck big time !


 
Posted on 06-27-18 3:13 PM     [Snapshot: 100]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Makar Rashi,

Yes, XOOM does have bank deposits too. You may have issues with your initial transactions since they need to verify your info and all that. But once you and your account(s) from which your funds are being sent out are recognized by their system, it's the FASTEST thing on earth. Their exchange rates are always lower than Moneygram, I have noticed. But their FREE transfer makes up for it, for which Moneygram charges around $27.50 if you are sending say 2 grand. Hope it helps....
 
Posted on 06-27-18 4:22 PM     [Snapshot: 170]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

I haven't set up account in XOOm but today prabhu online transfers says it will give 108.50 exchange rate with zero fee for transfer over 2000.
Anyone can verify what XOOM gives right now?
 
Posted on 06-27-18 5:00 PM     [Snapshot: 214]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

If Prabhu is giving you Rs. 108.50 per dollar over $2,000, it's a no-brainer. XOOM has listed it to be Rs. 106.8824 for today.
 
Posted on 06-28-18 10:38 PM     [Snapshot: 888]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Transferwise has better exchange rates than XOOM Right now I checked the exchange rate on XOOM and you get only 1 USD = 107.131 NPR. when sending $1001 with no fees receiving total 107,238.15 NPR to the recipient When you use Transferwise right now you receive huge exchange rate of 1 USD = 110.07000 NPR with fees of $10.41 USD receiving total 108,869 NPR to the recipient so even with fees on Transferwise you are getting more money on Transferwise. If you click my referral link https://transferwisecom/u/stephenr336 (add dot com) to Transferwise and sign up you pay zero fees for your first transaction so make it count and send the maximum sending limit 
Last edited: 28-Jun-18 10:38 PM

 
Posted on 06-29-18 1:37 PM     [Snapshot: 1004]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

These are based on my personal experience.
Muncha: Lately, they have been worse. I had been using them for 10 years but seems like its time to say Adios Muchachos. I actually reached out to them but the same old excuse that its their partner's fault in the delay. They debit the money out from my account and hold it for 5-6 days. Took 8 days for funds to be delivered.
Transfast: Not the best rates, but faster than Muncha. Create hassle once in a while to re-verify your transaction.
Xoom: It is very reliable, backed by PayPal, but has low exchange rates. Use the referral from a friend, get $20 and forget it. However can be the best platform for emergencies.
Prabhu: I recently started using them. Best rate among the four (when I used). Initiated transfer on Friday, money deposited to account in Nepal on Tuesday. Took 4 days but it truly was 2 business days. I am impressed. First impression will last, and they will get my business moving forward.
Last edited: 29-Jun-18 01:37 PM

 
Posted on 06-29-18 3:34 PM     [Snapshot: 1045]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

nepasider,

Thanks for your inputs. When I try to sign up for Prabhu, the first question they ask you is to select your state. What if the state I currently live in is not in their drop-down?
 
Posted on 07-03-18 9:07 AM     [Snapshot: 1576]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

@StatusPidit,

Sorry, not sure if I can help you there. I would call them to see if there are any other options, but advise against transactions that cannot be traced.

Have you checked Transfast? or Xoom? depending on how much you are sending may not be a big difference.
 
Posted on 07-09-18 4:55 PM     [Snapshot: 2032]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

After reading the responses I am planning to go with prabhuonline.com

When I try to complete my registration, the website prabhuonline.com asks me for my bank username and password.

I am afraid to give my bank username and password. Can someone abuse my username and password and log into my account?
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 60 days
Recommended Popular Threads Controvertial Threads
What are your first memories of when Nepal Television Began?
ईम्पोर्टयान्ट मेस्सेज फ्रम अन्डर्वियर!!!
आलू बोडी तरकारी तामा लाई.....
NEPALI CHARLES SHOBRAJ ZUBIN SHARMA URF PRAKASH PAUDYAL!
Miss Nepal का कुरा
बस्दिन भन्दा भन्दै बसियो १६ वर्ष ४० लगायो अमेरिकाले आज
lau maryo Gotra eutai paryo. K garne hola?
हिरोइन श्रिषा कार्कि लाइ आत्महत्या गर्न यसरि बाध्य बनाइएको थियो !
Some queries about AWS and IT training
Canada Immigration Through Colin R. Singer
Do we need to maintain H1 after getting GC EAD?
TPS related questions?
Starting business in Nepal
GC question
यो मोमो को रेसिपी कोहि सित होला ?
EAD form (I-765) can't be typed or printed. What to do? Need Help for TPS.
Make Money get $500, Refferal code: GANESHB5802UE
कसैको नयाँ AP document आयो कि? धन्यवाद!!
कोमल ओलि र धिरेन्द्र बिचको अफेयर
Why always Miss Nepal winner is Newari??
sarai chada vaye keti haru
How to differentiate a PAKHE from a SHAHARIA
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters