i am sending some money to Nepal through the munchahouse.com......i heard it is okay, but i am not sure if their service is really good. Do any of you guys know about their service?

If you are sending withing Kathmandu, I have no idea BUT if it is outside valley, it's not good at all. At least I didnt like it. I send some money to Biratnagar and what they do is send a Bank draft by mail. Now imagine Mail in Nepal....It almost got landed to someone else's house.
I use Thamel's money transfer site. They are good. They deposit directly to the recepient's bank.

The best way is to make a Paypal card in the recipient's name and send them. Once you transfer the fund here they can withdraw from the bank there. $300 perday limit and $1 charge per transaction. Perfect. That is what i do now a days.

Peace

use moneygram it cost
$10 for $0-$500
$12 for $500- $1000.
$1000-$2500 --$19
$2500-$10000 --$29
They charge additional Rs200 for any amount. This is the best service to send money right now. They give exact bank rate which is around Rs0.50 more than thamel.com and other site. I just send it a week ago. go to http://www.moneygram.com/servlet/DefaultApplyXSL?xslURL=/Display/temgweb.xsl&URL=/Apps/AgentLocator/AgentSearch.jsp
to find out nearest agent.

I tried both Thamel and Moneygram, but it didn't work for me. Thamel's money transfer program is down for some reason, and Moneygram doesn't seem to be work in CA. The last option i had that muncha.com, but it's funny how they dont respond when you call their tollfree number.

I did send from CA using Moneygram around 2 weeks back . I had no problem

mysteryman2055 ,

How do you send money with paypal card? Don't they require an e-mail address?

so what is the latest on the best (safest and cheapest) way to send money to Nepal?

Mysteryman, could you enlighten us on the paypal card way?

To get Paypal card, go to www.paypal.com and get an account. It is free.
Once you get a debit card in your name, order another card as a co-user in the name of person who is going to use the card in Nepal( for instance your mom , dad or brother sister).
When you get the card and the PIN number with your parent's name on it, send it to nepal via MAIL or with someone.

You can then deposit any amount of money in your paypal card and then any one with another card can take money out of the ATM machine in Nepal.

It sounds a lengthy process but once you get both the cards ( yours and your parent's), its is all good. It costs just $1 for one transaction in Nepal... can withdraw upto $400 dollars in nepal in one day.

Try getting the card in your name first...start the process today and after a month you will find your family members using the card in Nepal. The best thing is ...it is absolutely free to get the card. And instead of paying 15-20 bucks everytime you send money home, it will just cost 1 dollar.

Plus, when you are transferring money in your Paypal card from your bank account ( similar to paying your credit card), it takes 3 business days to transfer. It is ready for both the card holders ( nepal and here) to use it after that.


I will answer if anyone has any more doubts

veer bro. best way to send money is MoneyGram tell the recepient to collect the money from participent Banks not from agencies because banks are more reliable and also they give you in cash.... but its up to you bro

Veer Bro, I think this will help you
Recently I received a email from muncha.com, I think they have special promotional offer for new users. for your reference I have attached part of email here....

From now through February 28, 2006, pay no commission on your first money transfer for up to US$ 1,000.00 sent through internet check. For more details, click here.

Muncha.com also offers several options for delivery of your funds including pickup by recipient (free), delivery through courier (small fee applies), and direct deposit into recipient’s account anywhere in Nepal (free).

I hope this will help u

- http://www.moneytonepal.com



Try this have been using since three years. Very good and reliable. I don't know about the fees, compare to other company but have been sending with just a click of a button with relief. But as "jhyam_putali " says.....paypal....would like to try that and see how it goes....thanks. for your info.

thanx for all infos. I didn't find any promotional offer on mucha's website.

I recently used Muncha house to send some money to Nepal. I give them an A for their service (not an A+ because of there is another agency that you need to call which will verify that your information is correct; some points deducted for the extra layer of bureacracy :)). Their service is great -- if you are sending it to ktm, money reaches quick and in the meantime you can track your transaction. Here's how it worked in my case. I signed up for the service online on Thursday and called muncha.com. They gave me another number (for the agency which verifies your info). I called them up the same evening and sent money on Friday afternoon (using Internet check - basically you need to give them your account and the routing (sp?) numbers). By Saturday afternoon here (Saturday evening in Nepal), they had called my brother and told him the amount of money that had arrived. By Sunday afternoon in Nepal, they had deposited the money in my brother's account. I am not sure how much other transfer agencies charge, but given muncha's service, I would be willing to pay extra to muncha than go through another agency that takes longer and is not so user-friendly, so to speak.

I have tried from thaml.com ,moneygram, western union.......but the good one is moneytonepal.com, this is the safest and reliable i ever had ...!!!try on there please, their service is really good. they got direct call to nepal from their toll free#.

muncha is not bad. i've been using them for the last one yr and their service is good. i'll definitely recommend them. but in this competetive money transfer business, moneygram has really pulled up its socks. i think i'll try moneygram next time (sorry muncha). unlike muncha's 5 day service, mgram's service takes less than an hour. also i checked out a local desi store for transfer with mgram and they said that the fee for sending up to US$1500 to nepal is only US$10. hell, you can't beat that. i'm definitely trying mgram next time.

I guess that I am the one who has been paying so much to western Union !!! Now I know that I can pay less abd get almost same service. I might have to try something else other than regular western union.

Thanks for the information on Paypalcard. That seems to me the best way. I have already ordered my debit card :)

I think http:// www.muncha.com/promotion.htm is the link to muncha's promotional page

The link for pay pal is [url]https://www.paypal.com/row/mrb/pal=TJNL5NMXEZ4BU[/url]

https://www.paypal.com/row/mrb/pal=TJNL5NMXEZ4BU