Remittance
Calculator Engine
Institutional Benefit: Formal remittance entitles you to a 10% IPO Quota and 1% extra interest on savings in Nepal.
Result Summary
Highest Possible Payout
Rs. 1,33,350
Best via Prabhu Remit
Exchange Rate
Rs. 133.50
Service Fee Est.
Rs. 150
Payout Retention Efficiency99.9%
Provider Comparison Matrix
Remittance Audit Intelligence
Gross NPR ValueRs. 1,33,500
Median Agency Spread0.85%
Diaspora Strategy
Sending via Prabhu Remit preserves 99.89% of your hard-earned capital.
Agency Payout Ledger
| Service Provider | Fee (Est) | Net NPR Received |
|---|---|---|
| Prabhu Remit | Rs. 150 | Rs. 1,33,350 |
| IME Remit | Rs. 200 | Rs. 1,33,300 |
| Wise | Rs. 2,003 | Rs. 1,31,498 |
| Western Union | Rs. 6,675 | Rs. 1,26,825 |
How to use
- Currency: Select the currency you are earning in (e.g., USD, AED, SAR).
- Amount: Enter the total amount you wish to transfer to Nepal.
- Rate: Select 'Live NRB' for market benchmarks or 'Manual' for agency-specific quotes.
- Comparison: Analyze the Provider Matrix to identify the highest payout efficiency.
- Audit: Review the Agency Ledger to see exactly how much is lost to service fees.
The Remittance Yield Calculus
Institutional model for calculating the net realization of foreign earnings in Nepal.
Net NPR = (ForeignAmount × ExchangeRate) - ServiceFee
Exchange Rate: The buying rate offered by the agency vs. NRB mid-rate
Service Fee: Fixed or percentage-based charge for transaction processing
Yield Efficiency: The percentage of gross value received by the beneficiary
Frequently Asked Questions
The SEBON mandates 10% reservation in IPOs for Nepalis working abroad. To qualify, you must have a Remittance Saving Account and send funds via formal channels.
No, personal remittance sent to family members via formal banking channels is completely tax-free in Nepal.
Each agency (IME, WU, etc.) adds a 'spread' to the NRB mid-rate to cover their costs. This is why the rate you get is often lower than what you see on Google.
Digital remittance apps like Wise often provide higher rates than traditional cash counters, though banks offer the best long-term interest benefits.
Diaspora Hub
Financial Suite
Financial Rates
Live
MetricValue
Verified Data