Nepal has Controlled Foreign Currency Regulations, you need to provide the valid REASON for sending foreign Currency outside of Nepal!! Like for Education (i-20 and no objection from education dept.), Business (I dunno how this works!!) There is limitation on US$/Person can send from Nepal!! Oh yeah If you have all the necessary/legal papers with you, you can easily send money from Nepal to US!! Bank to Bank transfer can be done via SWIFT code or (and) other means of Wire Transfer!!

Lahure Kancha · Jan 5, 2010 8:47 PM

A lot of people are sending money to Nepal from US. You can catch someone and exchange the money. I mean give NRs in Nepal to their relative and collect $ in US. You both parties can save the money transfer comminision amount.

yubarajk · Jan 5, 2010 9:04 PM

@yubarajk  that is called  Money Laundering and its Illegal!!

Lahure Kancha · Jan 5, 2010 9:25 PM

Last edited: 05-Jan-10 10:32 PM

bishalram · Jan 5, 2010 10:32 PM

Lahure Kancha, can you explian how money transfer through agent will not be money laundering but the money exchange between individual will be money laundering? I highly doubt your idea of money laundering?

??? · Jan 6, 2010 11:04 AM

Easiest way, Find a person who wants to send money from US to Nepal. Now you take moeny form the person in US and ask your family/friend who is sending money to you to pay the family/friend of the Sender in Nepal. NEPAL KO PAISA NAEPAL MAI, GOVERNMENT PANI KHUSH, PUBLIC PANI KHUSH

ganapati · Jan 6, 2010 11:35 AM

@कुश You may call it Hawala/Hundi or just individual transaction but in reality its nothing but a MONEY LAUNDERING!! To Be Legal: It has to be to RECORDED with GOVERNMENT entity (meaning it can be tracked)!! I don't want to go into details but Agents (LEGAL) they are authorized by Governments they have proper license to transfer money from one country to another!! Money Exchange between two person (in this case) Cross Border comes into GRAY AREA!! In US CASH transaction above $10,000.01 has to be recorded and reported!! Coming back to your case of individual money transfer, you are walking into the GRAY AREA!! If you need more info on this do consult with a Lawyer or CPA!! (I may have a less idea on money laundering, as i have NEVER done the transaction and never intent too. But What I know is CROSS BORDER INDIVIDUAL MONEY TRANSFER DONE WITHOUT A RECORD IS ILLEGAL and is deemed as MONEY LAUNDERING!! for reference: http://en.wikipedia.org/wiki/P... [look at last Para] Also, The Act prohibits and penalizes those who run unlicensed money transmitting businesses. In 2005, this provision of the USA PATRIOT Act was used to prosecute Yehuda Abraham for helping to arrange money transfers for British arms dealer Hermant Lakhani, who was arrested in August 2003 after being caught in a government sting./Penalties were increased to 20 years imprisonment. § 1960. Prohibition of unlicensed money transmitting businesses (a) Whoever knowingly conducts, controls, manages, supervises, directs, or owns all or part of an unlicensed money transmitting business, shall be fined in accordance with this title or imprisoned not more than 5 years, or both. (b) As used in this section— (1) the term “unlicensed money transmitting business” means a money transmitting business which affects interstate or foreign commerce in any manner or degree and— (A) is operated without an appropriate money transmitting license in a State where such operation is punishable as a misdemeanor or a felony under State law, whether or not the defendant knew that the operation was required to be licensed or that the operation was so punishable; Last edited: 06-Jan-10 01:08 PM

Lahure Kancha · Jan 6, 2010 12:30 PM

Dhanyabaad mitra ho. Tei pani, afno paisa pathauna, esto jhamela hundo raicha. Nepal ko kaanun, daiba lay jaanun.............fits perfectly in this situation. Isn't it kind of Dadagiri. Jay bhaya pani, Nepal ko Jai hos.

sajhafan · Jan 6, 2010 7:26 PM

Yaar ke ko tauko dukhai ho, here is the simple solution from your problem bringing money from nepal, fullprood not hassle no chakkar baazi with law clean and clear way. Listen sell your property in nepal, Buy jewelary like Diamond (make sure u buy high class diamond and be aware of 4Cs of diamond). make diamond ring or diamond ko gala ko budhiya ko laagi ani lagayera khuru khuru aaunu usa kasko bau lay ke garcha, ani usa aayera sell that diamond. simple as that, thats how patels from india bring money to usa.

pranay · Jan 6, 2010 11:11 PM

 read as diamond ko haar budhiya ko laagi

pranay · Jan 6, 2010 11:12 PM