Question 1

What's the best way to do Cyprus to Nepal money transfers?

Accepted Answer

Sending money internationally to Nepal from Cyprus can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Euro to NPR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Nepal. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Nepalese Rupee.

Question 2

How to get the best rate to transfer money to Nepal from Cyprus?

Accepted Answer

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Cyprus to Nepal transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your EUR to Nepalese Rupee international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Euro to Nepalese Rupee exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.

Question 3

What's the cheapest way to transfer money from Cyprus to Nepal?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Cyprus to Nepal via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Nepalese Rupee remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Cyprus to Nepal exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to NPR remittances.

Question 4

Should I use my bank to transfer money from Cyprus to Nepal?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Cyprus to Nepal. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to NPR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Cyprus bank for your Nepal money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

What is the fastest way to do a money transfer to Nepal from Cyprus?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Cyprus to Nepal. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EUR to NPR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Nepalese Rupee. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Cyprus to Nepal money transfers.

Question 6

Which are the best money transfer companies to send money to Nepal from Cyprus?

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Cyprus to Nepal, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Euro to Nepalese Rupee exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your NPR money transfers to Nepal. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Nepal getting more money for every Euro you send.

Question 7

Step by step guide to transfer money to Nepal from Cyprus

Accepted Answer

The first step to send money to Nepal from Cyprus is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your EUR to NPR overseas funds transfer.

Click through to the provider's site and register an account.
Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
Add recipient information including their bank account in Nepal if paying via ACH direct deposit or bank transfer.
Enter your sending amount, and initiate a transaction.
Pay for your transaction via your Cyprus bank account or alternative methods like a debit card.
Sit back and relax, and see your money travel to Nepal!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Cyprus to Nepal.

1 EUR	171.46 NPR
5 EUR	857.30 NPR
10 EUR	1,714.60 NPR
25 EUR	4,286.51 NPR
50 EUR	8,573.02 NPR
100 EUR	17,146.03 NPR
150 EUR	25,719.05 NPR
200 EUR	34,292.06 NPR
250 EUR	42,865.08 NPR
300 EUR	51,438.09 NPR
400 EUR	68,584.12 NPR
500 EUR	85,730.15 NPR
600 EUR	102,876.18 NPR
700 EUR	120,022.21 NPR
800 EUR	137,168.24 NPR
1000 EUR	171,460.30 NPR
1500 EUR	257,190.45 NPR
2000 EUR	342,920.60 NPR
2500 EUR	428,650.75 NPR
3000 EUR	514,380.90 NPR
4000 EUR	685,841.20 NPR
5000 EUR	857,301.50 NPR
10000 EUR	1,714,603.00 NPR
15000 EUR	2,571,904.50 NPR
20000 EUR	3,429,206.00 NPR
30000 EUR	5,143,809.00 NPR
40000 EUR	6,858,412.00 NPR
50000 EUR	8,573,015.00 NPR
100000 EUR	17,146,030.00 NPR

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