Posted by: MailoBhai December 11, 2014
Sending money to Nepal
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@Looser: The Bank will deposit NRs with the conversion rate of the day the transaction is executed in Nepal....you can research/try other avenues to see if the rates are better but IMHO, WIRE transfer was easiest and most secure, and the rates are bank published rates......and above all, no limit. The fee is the same if you transfer USD 1 or 40k. Having said that, the rates will always be less than if you exchange it in Nepal in person in Thamel or other places....

Also, I do not recall Banks in Nepal charging extra....If I recall, they only charge if the account is from outside of KTM...worth checking though.
Last edited: 11-Dec-14 07:53 AM
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