Posted by: lopchandai September 27, 2012
What is the best way to send money to Nepal via USA ?
Login in to Rate this Post:     0       ?        
 It is easy through moneygram(my experience). When I knew the dollar was getting weak due to the Fed's decesion to buy bonds and print lots of money, I have used moneygram to send money back home. I have sent like $5000 paying about $20-$30( i don't remember to be exact). The only thing they require is our ID. It's not complicated.
Moneygram has an app on Iphone where you can estimate the rate and fees. If you are in houston, some walmarts have moneygram where you can send money using your debit card. 
I think it is the best time to send money to Nepal since the US Fed has been printing lots of money devaluing the dollar. US is not alone in doing so. Most of the reserve banks in the world are doing the same thing. they've been printing lots of money to stimulate the economy. But what I care the most is the relationship between Indian currency and the dollar. US dollar is getting weaker day by day in front of Indian ruppees. 
Read Full Discussion Thread for this article