Posted by: ne0 May 15, 2009
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In my opinion, the best way to send money is by using Paypal.
This is how you send money:
1. Register a Paypal account - you will have to connect it to your bank account. When you do that, you can transfer money from your Bank ACcount to Paypal and vice versa.
2. Get a Debit card under your family Members name in Nepal. Hand them the card either personally or thru someone going to Nepal.
3. Then your family member can withdraw cash from few ATM machines in Nepal. The best part is the transaction cost which is only one dollar.
4. By default, they are only allowed to take out $400 per day. I think you can increase that limit.
This is how you send money:
1. Register a Paypal account - you will have to connect it to your bank account. When you do that, you can transfer money from your Bank ACcount to Paypal and vice versa.
2. Get a Debit card under your family Members name in Nepal. Hand them the card either personally or thru someone going to Nepal.
3. Then your family member can withdraw cash from few ATM machines in Nepal. The best part is the transaction cost which is only one dollar.
4. By default, they are only allowed to take out $400 per day. I think you can increase that limit.