Nepali migrants residing and earning in Australia often opt for international remittances to transfer their money to their families in Nepal. However, the exchange rate greatly impacts the actual transferred amount in Nepal. It actually determines each Australian Dollar (AUD) converts into how many Nepalese Rupees (NPR), and that isn’t static. To ensure efficient and […]
Sending money to Nepal from Australia is extremely easy and safe with RemitBy. However, we understand that as a first-time user, you might find it confusing to use the portal. Certainly, you must be having some questions in your mind as well! To help you with this, we have curated a list of some FAQs […]
Nepal is a beautiful country in South Asia where the earth meets the sky, literally. Its mesmerising mountains, sparkling rivers, and bushy hills make it one of the most captivating places in the world. However, beyond its exquisite landscapes and diverse geography, Nepal also has an interesting monetary system centered around the Nepalese rupee (NPR). […]
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Did you know that Nepal’s 22.68% of GDP relies on the remittances it receives from other countries? Thus, this capital is quite crucial for the support of families, education, healthcare, and overall economic stability in Nepal. Interestingly, Australia is one of the top countries from which Nepal receives a significant portion of these remittances. Thus, […]
Remittance isn’t just about speed; it needs to be legal and secure as well. Money transfers without the right channels can lead to fraud, spam, and legal issues. While numerous service providers offer remittance services from Australia to Nepal, not all are fully compliant with legal regulations. So, how can you ensure that the service […]
Nepali migrants rely heavily on money remittance services to send money to Nepal from Australia. Even though the security of these transactions should be the top priority, speed is an important consideration as well. No matter the reason for faster transactions, it could be anything—an unexpected emergency such as urgent medical bills, a special occasion, […]
Australia has a high reliance on overseas outbound remittance services, contributing to a 24.0% growth in the remittance market and reaching US$6.34 billion in 2023. This surge is driven by the convenience and speed that remittance services offer in money transfers. However, selecting the right remittance service can be challenging. This is especially true for […]
When working abroad, sending money to your loved ones back home is a great way to support them, even if they are thousands of miles away. However, Nepalese migrants encounter challenges when sending money to Nepal from Australia. There are many options, but it’s hard to choose what’s the best. If you are someone who […]
In this digital realm, so many individuals find themselves in the state of supporting their family members who live far from them, usually in nations with different economic contexts. For expatriates, transferring money back home to Nepal is not just a goodwill gesture but a crucial lifeline that supports the financial well-being of their families. […]
In today’s digital world, the requirement of cross-border money transfer is a basic requirement for most businesses and individuals. Generally, for the Nepalese migrants residing in Australia, sending money to their loved ones back home Nepal is a regular necessity. No matter if you need to support your family, pay for any services, or want […]
In recent times, the money transfer services have become an inseparable part of cross-border payments, ensuring individuals to send the money with lightning fast speed more efficiently. Although the security of such transactions is very important, in accordance with the sensitive nature of the financial data involved. Remittance companies and applications like RemitBy, facilitate the […]
Sending cross-border payments globally involves navigating different limitations and regulations that are imposed by both receiving and sending countries. While transferring money from Australia to Nepal, it is crucial to be familiar with these rules and limitations to ensure hassle-free transactions. This write-up unveils the requirements and limitations embroiled in sending money from Australia to […]