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Indo-Nepal fund transfer facility allows Nepalese citizens to transfer money to their family and loved ones back at home. In the upcoming slides, you will learn about how to transfer money from India to Nepal.<br>t
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Transferring money out of India should not be a challenging task, especially when you have to send money to geographically close countries like Nepal. Unlike international money transfers that usually take at least a day or two for the recipient to get the money, the transfer of money from Indian to Nepal is completed within 24 hours. Indo-Nepal fund transfer facility allows Nepalese citizens to transfer money to their family and loved ones back at home. In the upcoming slides, you will learn about how to transfer money from India to Nepal.
Choose Your Option Wisely Firstly, you have to select your service provider. Not all money transfer firms from India send money to Nepal. Those that do may recommend you create an account for which you may need to present documents such as ID proof, driver’s license or passport, and proof of residence, among others. Besides, there are several things that you need to look at, such as the number of locations covered in the destination country, mode of payment (cheque or cash) for the money transfer, yearly limit, provision of sending or receiving funds in emergencies, etc.
Choose a Payment and Delivery Method Select a payment method. You can usually pay in cash or cheque for the money transfer from India to Nepal. Next, see how you want to transfer money. Do you want to use the receiver's bank account details, cell phone number, or arrange for a cash pick-up in locations like Kathmandu, Pokhara, or Patan?
Transaction Details and Check Your Transfer Enter the transaction information accurately. This comprises the amount of the transfer, the currency you're sending, and the receiver's information. Once you are sure that the details are correct, you are good to go for the money transfer. Besides, you can also see the final exchange rate and any additional expenses before the money transfer.
Send Your Money and Confirmation Although the maximum time is 24 hours, the money is usually instant. On the successful transfer of money, you will get a confirmation via email/SMS. This will contain your tracking number as well as confirmation of your transfer. If the recipient is picking up cash, they must provide this at the time of pickup.
