What It Costs to Send Money to Nepal from the US
In the 2024 Q3 World Bank Remittance Prices Worldwide quarterly survey, sending USD 200 from the United States to Nepal carried a median total cost of 5.18% and an average total cost of 4.95% of the amount sent. Total cost in this survey combines two components: the explicit transfer fee charged by the provider and the exchange-rate margin, which is the difference between the mid-market rate and the rate applied to the transaction.
Across the 29 providers surveyed in that 2024 Q3 snapshot, the cheapest surveyed total cost was 0.76% and the most expensive was 10.06%, a spread of more than nine percentage points. As of the 2024 Q3 survey, Prabhu Money Transfer was the cheapest surveyed provider for this corridor and send amount; this reflects a dated survey quote and may not represent current pricing.
Costs within this corridor can differ depending on the payment method used, the payout method available to the recipient, and the amount transferred. The World Bank updates this survey quarterly, so figures shift over time. The per-provider table below presents the individual dated quotes from the 2024 Q3 survey for reference.
Surveyed providers (2024 Q3)
| Provider | Type | Pay-out | Speed (surveyed) | Total cost, $200 | Total cost, $500 |
|---|---|---|---|---|---|
| Prabhu Money Transfer | MTO | Agent | Next day | 0.76% | 0.76% |
| Muncha | MTO | Internet | Less than one hour | 1.31% | 1.31% |
| Ria | MTO | Internet | 3-5 days | 2.03% | 1.50% |
| Ria | MTO | Internet | Less than one hour | 2.10% | 1.53% |
| WorldRemit | MTO | Internet | Less than one hour | 2.47% | 1.97% |
| WorldRemit | MTO | Internet | Less than one hour | 2.47% | 1.97% |
| Wise | MTO | Internet | Same day | 2.62% | 2.09% |
| WorldRemit | MTO | Internet | Less than one hour | 3.53% | 2.63% |
| Prabhu Money Transfer | MTO | Agent | Next day | 4.12% | 3.97% |
| Wise | MTO | Internet | Same day | 4.38% | 2.02% |
| MoneyGram | MTO | Internet | Less than one hour | 4.43% | 3.23% |
| Ria | MTO | Internet | Less than one hour | 4.69% | 2.59% |
| Thamel Remit | MTO | Internet | 3-5 days | 4.98% | 3.48% |
| Thamel Remit | MTO | Internet | Same day | 4.98% | 3.48% |
Total cost = transfer fee + exchange-rate margin, as a percent of the amount sent, at the two surveyed send amounts ($200 / $500). Surveyed prices, not live quotes.
Estimate your transfer cost →Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org (CC BY 4.0). Figures are from the 2024 Q3 survey — surveyed prices, not live quotes.