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Californication
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 Money to Nepal
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Posted on 01-06-07 1:57 PM     Reply [Subscribe]
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Hello Guys,


Working my ass off, finally i have managed to save some money. I have never sent money back home. What is the best way to send money back home? There are quite a few money tranfer site such as thamel.com, muncha.com, westernunion.com, and Banks.

I am sure many of us have used those online service. Please share your experiance woth me.
 
Posted on 01-06-07 2:46 PM     Reply [Subscribe]
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I prefer nepbiz.com for sending money to Nepal...Normally they will deliver money in 2-3 business days...

service of muncha.com and moneytonepal.com is also good...

westernunion charge more transfer fees ...
 
Posted on 01-06-07 7:59 PM     Reply [Subscribe]
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I used MoneyGram to send the money Last time. They charged me $30 for $1500. I think the charge was little high but the good thing is, money can be collected in Nepal immediately.
 
Posted on 01-06-07 8:39 PM     Reply [Subscribe]
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ATM Cards
Yes my friends, you'll find it hard to believe but the ATM Cards of Australian Banks work in the banks of Nepal. I don't know much about the banks in United States. Lot of Nepalis here in Sydney get an extra ATM card from the banks like Commonwealth or Westpac or ANZ and send it to Nepal. You can withdraw upto 40,000 NRS at a time and for that amount banks charge AU$ 5 for a transaction. So no tension of agents.

Good luck
 
Posted on 01-07-07 12:40 AM     Reply [Subscribe]
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I used muncha.com it is best option for me if you use direct bank deposit
 
Posted on 01-07-07 1:36 AM     Reply [Subscribe]
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ya mucha is good . i have used it twice . thier costomer care is good too n they send u copy of which shows withdrawn of money by reciver too,
i was happy with thier service
 
Posted on 01-07-07 3:02 AM     Reply [Subscribe]
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I have used Muncha couple of times and it's really great . Good n quick service , direct bank deposit all over the country and i used this option to deposit in Pokhara in my bank account n that's free guys and they send a reciept. 24 hours cust service. Use this . I strongly recommend.it's 9.5/10.
 
Posted on 01-07-07 11:23 AM     Reply [Subscribe]
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The only service i've used is muncha and until now i have had no complaints , be it home delivary or bank deposit.

Its quite cheap if your sending above 2500$ , they charge 9.99 , thats it
 
Posted on 01-07-07 12:33 PM     Reply [Subscribe]
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Thanx all of you guys. Any More.....
 
Posted on 01-07-07 5:51 PM     Reply [Subscribe]
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Munchahouse, sometimes they are too late. I used my ATM pin when I was there, worked, i dont know if its ok to give ATM number and pin,
 
Posted on 01-07-07 5:53 PM     Reply [Subscribe]
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Munchahouse also have lower exchange rate, so even they are 9.99, they are significantly lower than the rastriya bank quotes, so it is actually a lot.
 
Posted on 01-07-07 8:20 PM     Reply [Subscribe]
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I am doing different, Electronically we can transrer money in 2 ways, Wire transfer- It costs $ 50 for $5000 and Domestic transfer-It costs you $20 for $5000.

Domestic transfer:
Your families have to contact to the nepelese bank-Kumari Bank, standard chartered Bank, Himalayan bank etc and get the routing number of that bank and the name of their associated bank at New york.

You can inquire about it with any bank you are dealing here and back home,too. You do not need to involve any individual if you choose this option.It costs a little more, but bank to bank transaction.
 
Posted on 01-07-07 10:04 PM     Reply [Subscribe]
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Raman....... what?
 
Posted on 01-07-07 10:37 PM     Reply [Subscribe]
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I've always used moneytonepal and they've been great so far. They've also changed their service rates so you might want to compare between muncha and moneytonepal. With the new change, it costs you less than $10 for over $2000 and $15.99 for $1000-$2000.
Once the fund has been cleared from your bank/CC, the money is immediately available for pick up or delivery.

I think Western Union is expensive and not a Nepali company, so I don't use it. Support nepalese businesses.

Goodluck, Pal !
 
Posted on 01-07-07 10:49 PM     Reply [Subscribe]
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goodstuff,
The idea of ATM seems cool. I am interested in this as I will be landing on Aus in few months.

I will also see Munchhouse seems lots of friends here has recommended that as well. So in Muncha, the money is directly deposited in bank account of Nepal?
 
Posted on 01-07-07 11:54 PM     Reply [Subscribe]
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californication,
I suggest you to go to a nearby bank in your City(In USA) and talk to the bank official about the" domestic transfer". More, person who is supposed to receive your money backhome must go to the bank and get the Intermediary Bank's routing number. When I read your post, money transfer via bank(domestic transfer) I suggested is more reliable and cheap, too. Muncha's is nearly $45 for $1000.

I do not understand what you want to know? Write specific question. whatever you want to know, I will try to explain. I am suggesting you, whatever I have been through. Right?
 
Posted on 01-08-07 1:08 AM     Reply [Subscribe]
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Lovenepalalways bro
Let me know when you arrive Australia. You're going to Melbourne hoina ra? Me . . . in Sydney. Still lets be in touch.
 
Posted on 01-08-07 1:11 AM     Reply [Subscribe]
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Raman,

Thanx.... got it.
 
Posted on 01-08-07 2:05 AM     Reply [Subscribe]
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Use bank transfers. Safe and easiest way to transfer the money. Ask the folks who are going to receive the money to open a bank account and ask them to send you the swift code (or routing code for the bank) for the bank and the account number. Transfer usually arrives in 1-3 days depending upon from where you originated the transfer and where you are sending it. In many banks you can also initiate it online. There is a charge of around 25-30 dollars at the originating bank.
What would help is if the people who are going to receive the money open an account in a bank branch which is a correspondent bank to the bank from which you are sending the money. In this case your bank can take care of things like swift code and other stuffs.

cheers
Brat
 
Posted on 01-08-07 3:19 AM     Reply [Subscribe]
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Munchahouse ko exchange rate kam chha tesaile fees pani include garyo bhane ta wastav ma tannai parna aunchha. aru ma kasto chha kuni thaha chaina.
 


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