Remittance FROM Nepal to EU countries.

[Luckieduckie]

I have clients in Nepal - that needs to pay for online services..

Getting money out from nepal seems to be a he** of hard time ..

Any suggestions - want to avoid paypal .. and WU ..

Have stripe -have Transferwise and some other options..

Suggestions ?

 

[montterio]

Use bitcoin, i think" there is an option to virtually buy bitcoin over there

 

[DGTLOTC]

What’s the difficulty with wiring from Nepal? Lots of compliance and paperwork requested ?

work with an Fx broker if there is no issue with wiring funds out

 

[Luckieduckie]

* Bitcoin - noone in nepal sells bitcoin (checked localbitcoins - buying btc outside nepal needs to - tada - send money abroad ? not allowed

* Wiring outside nepal= not allowed - noteven Western union office in nepal allows you to send money OUT of nepal .. only in to nepal ..

Its a catch 22 moment .. lots of customers inside nepal - with money in hand .. no one can buys bitcoin -and cannot send out of nepal ...

 

[JustAnotherNomad]

They can’t even pay by credit card?
What about hawala?

 

[JohnLocke]

What about hawala?

Sorry to ask, but I don't know this Hawala, is it this How does the Hawala money transfer system work? ?

 

[JustAnotherNomad]

Yep, that’s correct. I learned about it in this forum. ;-)