Posted by: atomic August 9, 2008
muncha money transfer
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Studying little while, i just found Muncha is expensive cause they return the dollar amount with the value of USD 1 = NPR 66.7260(currently) which does not include fees so after deducting fees, it seems more expensive, rather i would like to give you information bank transfer will be more profitable cause bank charges only 40-45 dollars to the direct account of receiver giving it in the value of general rate i.e 67.40.(No matter how much money do you send they charges same amount). However, in banks they look for the green cards if u r sending big amounts like more than 1000. So, you can use any person of in ur relation(G.C) to send money. One more thing, Beside this Western Union is cheaper than muncha, i dont have the proper calculation for this western union cause i dont know the exact fees abt it. But for the students friends if u guys are sending below 500, they dont ask for social number either, in large amount they search for you details. But I am sure it is cheaper than muncha.

( One more story, one of my fren was tryin to send money through bank, he was sending 1500 bulks to his family. The bank asked u r not a green card holder, u r jus an international student, why u r sending this money, my fren immediately replied my father send me a lot of money, i dont feel safe to carry this huge amount, if i need i will call for money again. then bank agrees to send money. But this case is not applicable to all person, bank usually doesnt agrees to send big amount of money, if u r student)

I remember, one old thread in sajha, abt the calculation of companies that sends money. He has also mentioned the same. Once again thank you guys.
Jai nepal.
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