For generations, the United States of America has been a haven of opportunities and dreams for Nepalis—a place to pursue education, build a career, and weave a brighter future. If you are reading this, you are probably among the hard-working Nepalis living in the US, hustling and juggling to support your family back home in Nepal.
No matter how far you live, your heart always belongs to your home, Nepal. You keep sending money home frequently to support your parents, pay for your siblings’ education, or help with the household expenses. Every dollar you send makes a real difference for your loved ones.
But the real challenge you face is high fees, low exchange rates, or slow transfer service. You deserve a quick, affordable, and trustworthy service. That is where this guide comes in.
We will show you the best ways to send money to Nepal, which will help you save on exchange fees and provide the best exchange rates.
The US to Nepal remittance process is quite simple. When you send money from the US to Nepal, you have to initiate the transfer through an app, bank, or agent. You pay the money in USD and the provider converts it into NPR.
The provider is responsible for handling the currency exchange and moving the funds to Nepal. The transfer can be done instantly by picking up the cash, or it may take a couple of days if you choose to deposit it in the bank.
Whichever method you choose, cash pickup, app transfer, or bank deposit, your family in Nepal receives the money in the promised time.
Despite that, all services are not equal. Despite that, all services are not equal. Banks are one of the best ways to transfer money to Nepal, but they charge a higher transfer fee and are slower than apps. Online apps are the best option for low transfer fees and speed. On the contrary, cash pickup is the top choice for urgent requirements. They are reliable yet expensive.
Remember, it is essential to find out the best way to send money to Nepal before initiating the process.
Certain forex providers on the internet offer “zero-free” transfer options, but they give low exchange rates in return. It is recommended to find the best rate for money transfer to Nepal using a reliable platform to check the best rates. Even a small difference in the exchange rate can gradually cost you and your family lots of NPRs.
There are two types of transfer fees—flat fees and percentage-based fees. Flat fees are a fixed price per transfer, whereas percentage-based fees are a percentage of your transaction amount. Both types have certain benefits. Look at the table below to better understand through an example on the different amounts you will send and when a certain option is better:
Send Amount | Flat Fee ($5) | Percent Fee (3%) | Better Option |
$100 | $5 | $3 | Percent fee |
$500 | $5 | $15 | Flat Fee |
$1,000 | $5 | $30 | Flat Fee |
Always check the flat fee and the percentage fee of the provider before sending money.
Some services deliver the cash instantly, but you will have to pay high transfer fees for the speed. If you can wait for a couple of days, regular remittance offers better exchange rates with lower transfer fees. Fast transfers can also have hidden charges, like receiving costs in Nepal; always check for them in the itemized bill before sending money.
Transferring money to Nepal is not complex. All you have to do is follow these three simple steps to send money.
It is crucial to compare the exchange rates of different providers and choose the one that offers a high exchange rate but a low transfer fee. Use a comparison tool like CompareRemit to get the best NPR exchange rate. It shows you different providers, exchange rates, transfer fees, transfer time, and the amount that you will receive.
The two best ways to send money to Nepal are online transfer and cash pickup. You must know by now that online transfer offers low transfer fees. You can choose from providers like Remitly and Wise to send money to Nepal.
When your family needs money urgently, you can choose cash pickup. All you have to do is visit the agent in the US, deposit the money, and your family can instantly pick up the cash in Nepal from over 15,000+ locations.
Every time you transfer the money, you will get an email or SMS confirmation. If you have deposited the money but haven’t received the confirmation, reach out to the provider immediately.
Once the money is ready to be picked up, you will be notified. You can inform your family to get it. When your family is taking the money in cash, ask them to check if the agent has deducted any extra charges. In case of bank transfers, ask them to always check if the full amount has been credited or not. Some intermediary banks keep their cut.
The best money transfer to Nepal method should be easy, quick, and affordable. By choosing the right provider, you can maximize your USD to NPR exchange, providing your family with more money over time. Regardless of your transfer mode—online, bank deposit, or cash pickup, always ensure to compare the exchange rate.
To get the best USD to NPR exchange rate available, use CompareRemit. It is an easy-to-use and reliable platform that finds the highest exchange rate and lowest transfer fee.
CompareRemit helps you find the best service among various providers to remit money to Nepal.
Yes, Remitly is licensed and secure for money transfers.
Your family may receive less NPR than you sent due to hidden charges. Always check with the provider about extra costs.
The highest exchange rate for USD to NPR has been 1 USD = 140.13 NPR on 7th February, 2025.
As of now, USD holds the highest value against NPR. Use CompareRemit's NPR exchange rate calculator to find the value of USD to NPR.