Posted by: lazyketa December 13, 2018
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Hi Raj11,
I am replying this so that it is helpful for others as well. Option 1 is not good for you
Option 1
In general if you have a valid employment then anything above 10K I would suggest to send through the bank. Now when you send it - dont forget to send it as USD so that there is no conversion done here. The conversion will happen only in the bank of Nepal and the rate would be the buying rate provided by NRB on the day the money get landed. There is no issue in US bank but when sending large amount in Nepal, you just need to send a letter to whoever is getting that amount and tell her/him to hand it over to the bank in Nepal. The letter can be your employment letter that states how much you earn per year.
Option 2
As @Lothar mentioned your option is to use third party like prabhuonline.com or thamelremit.com. Just note that they will not allow you to do a 20K transfer in one shot. You may have some limits on how much you can transfer per transaction.
I am replying this so that it is helpful for others as well. Option 1 is not good for you
Option 1
In general if you have a valid employment then anything above 10K I would suggest to send through the bank. Now when you send it - dont forget to send it as USD so that there is no conversion done here. The conversion will happen only in the bank of Nepal and the rate would be the buying rate provided by NRB on the day the money get landed. There is no issue in US bank but when sending large amount in Nepal, you just need to send a letter to whoever is getting that amount and tell her/him to hand it over to the bank in Nepal. The letter can be your employment letter that states how much you earn per year.
Option 2
As @Lothar mentioned your option is to use third party like prabhuonline.com or thamelremit.com. Just note that they will not allow you to do a 20K transfer in one shot. You may have some limits on how much you can transfer per transaction.