Send Money to Nepal – Get $25 Cash Back

Best and cheapest ways to send money to Nepal

Xoom which is also known as Xoom is an electronic money transfer or remittance provider which allows users to send money to friends and family living in different countries, pay bills and reload mobile phones. It is a PayPal service that can be used to send money to Nepal from foreign countries.

Xoom can transfer your money online to others directly from your desktop or mobile device in a few seconds. It is a newly formed alternative to Western Union (WU) and MoneyGram (MGI), as these are the well-established money transfer companies. Xoom Corporation was founded in 2001 and fully acquired by PayPal in 2015 and became Xoom, a PayPal service.

As an example, if you would like to send money from the United States or Canada to any of the 141 other countries and regions where the service of Xoom is available, you can send it easily.


Xoom Corp. was founded in 2001, which is based in San Francisco, CA, and has an office in Guatemala City, Guatemala. A few years back in November 2015, PayPal acquired Xoom Corporation for nearly $25 a share in cash i.e. about $1.09 billion. Before that Xoom was an independent publicly-traded company.

Xoom was initially backed by venture firms which include New Enterprise Associates, Sequoia Capital, SVB Capital, and Fidelity Ventures. At today’s time, the international transfer service allows customers to send online money to 31 countries across the globe which includes countries like Italy, India, Mexico, France, Australia, the United Kingdom, Argentina, Germany, the Philippines, Canada, and Brazil.

The headquarters of Xoom is in San Francisco and in 2013, more than 1 million+ active customers of Xoom sent more than $5.5 billion to family and friends across the globe. The headquarters of Xoom which lies in San Francisco, enables customers to send all this money using their mobile phones, tablet, laptop or computer.

Why Xoom is getting popular to Send money to Nepal?

The main reason for the popularity of Xoom is its brand name. Xoom is fully owned by PayPal which is a reputed and popular company that provides an online payment system. PayPal is the largest online payment provider in the world with 286 million active registered users.

Nearly 200,000 Nepalese people are currently residing in the USA and many of them send money to Nepal. The main reasons for sending money can range from house purchase, land purchase, education expenses, marriage expenses, loan repayment, family expenses, medical expenses, travel expenses, saving deposits, or simply as a gift.

MunchaRemit, Prabhu Remit, ThamelRemit are some of the very new entrants that are serving the Nepalese diaspora in the US to send money to Nepal by battling with the likes of global remittance giants that are Moneygram, Xoom, Western Union, Transferwise.

And according to the World Bank report which is periodically updated ThamelRemit, MunchaRemit and Prabhu Remit are the top 3 cheapest money transfer operators to send money to Nepal. But being the cheapest service does not mean that it is best. After all, the cost of sending money is an important factor to look after.

How to get $25 money back?

You can get $25 money back if you are a new user. After your first international transaction of above $50, you will get $25 money back in your PayPal account.

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Sign Up – Get $25 Cash Back


Rules to get “$25 money back” in Xoom:

  • You should new users to take part in this program who do not have a Xoom account yet.
  • You must sign up successfully to create a Xoom account using a referral link.
  • You must send over $50 of money in their first transfer and the transfer must be an international transfer.
  • After the international transfer is completed without any dispute. Then you will receive an email from Xoom if the invite is valid.
  • This typically takes less than 4 business days to send from the date of the transaction completion.
  • You must have a PayPal Account which is linked to your Xoom account, on the confirmation date of valid Invite or within 30 calendar days from the confirmation date. You can also link your bank account so the money can be sent to your bank account.

Though you won’t find any Xoom coupon codes, you will surely find many reasons to send money with the Xoom service. One of the reasons is that if you send $50 to any country then you will get a cashback of $25. That is so good and beneficial for the customers. Xoom is very much dedicated to serving people and providing them with the best way to send and receive money home to family and friends!

The experience of Xoom is all about providing you with very easy, most secure and time-saving ways to send money home to friends and family who live in countries like the Philippines, India, Latin America, Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, Poland, Spain, United Kingdom, Uruguay, and Vietnam.

Xoom does not offer any coupons. There are many reasons for Xoom not offering coupon codes. Xoom provides a time-saving online money transfer service with near-instant cashback, which is really very beneficial for customers and Xoom also has service in which bank deposits in minutes or hours to many countries, the Xoom Money Back Guarantee, and Customer Service is 24 hours a day, 7 days a week, 365 days a year, all of the people will be greeted by a friendly customer team and team members who gently speak either Spanish or English.

Even if you compare the experience of Xoom money transfer to the competition you will find out that the service is a secure, convenient and very easy way to send money to the location near your friend or family’s home or also directly to your family’s bank account and yes this is all from the privacy of your home or work mobile device or computer. And the best thing about Xoom is that it always offers some competitive and locked-in exchange rates with no bank landing fees, and an easy, four-step send money experience in Spanish, Portuguese and English.

How does Xoom work?

The customers can transfer money to friends, family or any organization by completing the following five steps on Xoom :

Step 1

Go to the Xoom and create an account or Sign in.

Step 2

Then click the Send money button on the upper left corner of the web page.

Step 3

After completing the 2nd step do fill the all required information asked.

Step 4

Choose any of the following options that you want to: Bank Deposit, Door – to – Door Delivery, Cash Pick up. You can choose any of the options it doesn’t matter which option you choose, then fill all of the required information to process your transaction.

Step 5

Choose the payment with your Credit Card, Debit Card or PayPal account under the payment information. This step five is the most important part of the process because you are using your PayPal account for the transaction.

Step 6

After following step number 5, scroll down and you will find Add a PayPal Account, so then check-in there under and select a Payment Method category. At the bottom end of the page, you can enter a coupon code if you have one. This is one of the easiest ways you can save money for the service fee.

After completing the above process you have to click the Next button and Authorize. Then you will be directed to your PayPal account. After that enter your Password and then follow the Paypal’s procedure.

Xoom Bill Payment Features

Xoom also provides Bill payment features to the customers of certain Countries. They can use Xoom to pay bills for electricity, telephone, gas, and more in a few foreign countries. The list of Countries where the Xoom Bill payment feature is available are; Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, and Vietnam.

Xoom exchange rate:

The very first thing you should check when transferring money is the money exchange rate in Nepal set by some of the money transfer operators. And yes all money transfer operators set their exchange rates, which are very likely to differ from one another. The exchange rate is a factor that determines how much amount of money one can send to the receiver.

If you are sending a higher amount then there is a greater impact on the difference between exchange rates which is provided by money transfer companies. The transfer fee is another very important factor that impacts the overall cost of sending money to Nepal.

Most of the remittance companies do offer high exchange rates which are also covered by their high fees, and while some remittance companies charge small fees and then offer low exchange rates. That’s why everyone must consider the fees of remittance companies along with their exchange rates before sending money to Nepal from any of the other countries.

Usually, the exchange rates and transfer fees are equally influential in determining the cost incurred by the sender. Such as a year back, On June 22, 2018, the exchange rate provided by MoneyGram and Xoom were 107.7021 NPR and 106.8729 NPR with transfer fees of $10 and $4.99 respectively to send $100.

This is true that the MoneyGram was providing a high exchange rate than the Xoom but MoneyGram was charging higher fees. Xoom did provide lower exchange rate but it charged a lower fee than MoneyGram. Like if the sender sent $100 through  MoneyGram, then the receiver would receive 10,770.21 NPR while if the sender sent it from Xoom then the receiver would receive 10687.29 NPR. However, it costs $110 for the sender through MoneyGram and only $104.95 through Xoom.

If someone is spending $110 to send money to Nepal through MoneyGram and is sending $105.01 to Nepal via Xoom, the beneficiary would receive 11,222.72 NPR. Hence, the receiver would receive about 452.51 NPR more if the sender sent the amount through Xoom instead of MoneyGram. Likewise, the blend of exchange rates and transfer fees are as much as important while looking at sending cost. Exchange rates and transfer fees equally contribute significantly to the cost borne by the sender.

Xoom promotes itself as a very safe, quick and easy method to send money to friends and family abroad. And you can use your debit card, credit card or bank account to use as a source of funds to transfer your money. They advertise very low fees, good exchange rates, and secure transactions that you can track via email or mobile phone.

Is this an easy process? 

It’s very easy to send money to Nepal from Xoom. You just need to enter the amount you want to send, select where you want the money to be paid out in Nepal and choose whether you want to pay with your debit card, credit card or from your bank account.

And Xoom does the rest to send it to the address you choose to send. If you have chosen Instant Bank Deposit, then you can send directly to the Everest bank account of the receiver in Nepal who has an account of Everest Bank within a few seconds.

Or you can choose 1-Day Bank Deposit if the receiver does not have an Everest bank account. Don’t worry, you still can send your money to the Most of the Bank Accounts in Nepal such as Himalayan, Laxmi Bank, Nepal Investment Bank and more. You will receive money in 1 day (only when you send your money on Nepal’s Banking Hours) sending through Xoom with its 1 Day Bank Deposit feature to Nepalese Banks.

And if you choose Cash pickup, then the receiver can pick up the Cash from the 23,550 pickup locations available in Nepal with the partnership of Everest Bank and Prabhu agent locations.

Here is the full list of names of Bank of Nepal that Xoom supports for Direct Deposit:

  • Agricultural Development Bank (ADB)
  • Bank of Kathmandu (BoK)
  • Century Commercial Bank
  • Citizens Bank International
  • Civil Bank
  • Everest Bank
  • Global IME Bank
  • Grand Bank
  • Himalayan Bank
  • Janata Bank
  • Kumari Bank
  • Laxmi Bank
  • Lumbini Bank
  • Machhapuchhre Bank
  • Mega Bank
  • Nabil Bank
  • Nepal Bangladesh Bank
  • Nepal Bank
  • Nepal Credit and Commerce Bank
  • Nepal Investment Bank
  • Nepal SBI Bank
  • NIC Asia Bank
  • NMB Bank
  • Prabhu Bank
  • Prime Commercial Bank
  • Rashtriya Banijya Bank
  • Sanima Bank
  • Siddhartha Bank
  • Standard Chartered Bank
  • Sunrise Bank

To send money to Nepal, here is the detail process:

  • First of all, create an account or log in to your account if you have one already. You can also use your PayPal account to Sign Up and log in easily in Xoom.
  • Then you will be displayed to choose a country option, select Nepal. And then you can enter the amount you want to send to Nepal. Xoom will display the exchange rate and how much money will the recipient receive in Nepal. You will need to pay an additional cost of $4.99 for the transaction service.
  • You can transfer up to $1,000 for a flat fee of $4.99 through Xoom. If the transactions are beyond $1,000, the fee will be waived when paying with a U.S. bank account.
  • Select the option of Bank Deposit or Cash Pick up.

When the Bank Deposit Option is Selected:

  • If you select Bank Deposit option, then click on continue and the name from the list of Banks of Nepal provided by Xoom.
  • After selecting Bank name, Branch code and Account number will be asked by Xoom. If you don’t know the Branch Code of the recipient, click on the “Can’t find your code?”, an option to select Bank Branch Zone, district and code will be prompted. It will display the exact branch code for the Branch and select it. Enter the account number and click on continue.
  • Now, you need to enter the actual details of the receiver, first and last name the same as in the recipient’s ID or Bank Account. Enter the address, district, and phone number and email address. Providing a recipient’s email address will let the receiver to have tracking information.
  • Then you will need to provide your details.
  • Select the option from where you would like to send; Credit card, debit card or bank account and enter the required details.
  • Then the transactions will be reviewed by Xoom and will be sent after reviewing.

When Cash Pick Up Option is Selected:

  • You can also select the Cash Pickup option if the receiver does not have a bank account. The Cash Pickup has a limit of NRs 200,000 per transaction so you cannot send more than that at a time.
  • Now you can choose from Everest Bank, Nepal Investment Bank Limited and Prabhu agent locations or choose IME – Ria Locations for Instant Cash Pickups. All of these provide instant money pickup service.
  • Everest Bank provides Instant Cash Pickup service from Sunday to Friday, 10 AM to 5 PM and on Saturday, 11 AM to 2 PM.
  • Nepal Investment Bank Limited provides instant Cash pickup service from Sunday to Thursday from 10 AM to 5 PM and on Friday, 10 AM to 1 PM.
  • You can also choose Prabhu agent location for instant Cash pickup which is open from Sunday to Friday from 10 AM to 5 PM.
  • If you select IME – Ria locations for instant Cash pickup, you can get your money instantly during working hours. It is open from Sunday to Friday from 9:00 AM to 5:00 PM. Hours may vary by location.

You can view all cash pickup locations from “see all cash pick up locations”. There are 23550 pickup locations of Xoom in Nepal. It has partnered with more than a hundred companies to provide money transfer service to Nepal.

  • Valid ID such as Nepali Citizenship or passport is required to receive the money in Nepal by the receiver. The first and last name that you fill must exactly match the recipient’s name on ID for the recipient to receive the money.
  • After you choose the method of payment either credit card, debit card or bank account with your details, the transactions will be reviewed and sent to Nepal.

Transactions are reviewed and may be delayed or stopped if an issue is identified in transfers. To assure your money is safe, Xoom offers a money-back guarantee.

How to Receive Money in Nepal?

It is easier to receive money from Xoom in Nepal. If the sender has chosen to send money to the recipient’s Bank Account with the Bank Deposit feature, then the receiver will receive money in their Bank Account. If the receiver has Everest Bank Account then he/she will receive money instantly in their bank account, otherwise, it will take 1 day for the receiver to receive money in their other Bank Accounts as instant Bank deposit feature is only available for Everest Bank customers.

If the Instant Cash Pickup feature was selected by the sender, then the receiver can receive money from any of the Everest Bank branches, or Prabhu agents, or IME or any other partner of Xoom in Nepal. There are 23550 locations in Nepal which provide instant Cash pickup for Xoom. The receiver needs to have valid ID proof with them at the time of cash pickup such as citizenship or passport to receive money from these cash pickup locations.

Can I track the Transactions that I send through Xoom?

Yes, the sender, as well as the receiver, can track the fund transfer. At the time of sending money online, the sender is asked for a receiver email address to let the receiver to track the transaction and same way the sender also gets an email about when it will be received by the recipient. The receiver and sender gets a notification via email as soon as the transfer is received by the recipient.

How to Recharge Nepali Phones using Xoom?

You can easily recharge phones in Nepal using Xoom. For mobile recharge, it only costs 1.99 US$ per transaction for a range of recharge amounts from 1000 Nepali Rupees (NRs) to 2,000 Nepali Rupees. You can recharge NTC (Nepal Telecom), Ncell and UTL mobile numbers using Xoom reload/recharge service.

In how many countries and regions can we send money using Xoom?

You can send money to 141 countries and regions in the world using the Xoom Money transfer service. There are more than 130 countries where you can send money using Xoom. Here we have listed a total of 141 countries and territories where Xoom is available. The countries and territories that you can send money through Xoom are:

  • Albania
  • Algeria
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cayman Islands
  • The central African Republic
  • Chad
  • Chile
  • China
  • Colombia
  • Comoros
  • Costa Rica
  • Croatia
  • Cyprus
  • Czech Republic
  • The Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Eritrea
  • Estonia
  • Ethiopia
  • Finland
  • France
  • French Guiana
  • Gabon
  • The Gambia
  • Georgia
  • Germany
  • Ghana
  • Greece
  • Grenada
  • Guatemala
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Ivory Coast
  • Jamaica
  • Japan
  • Jordan
  • Kazakhstan
  • Kenya
  • Kuwait
  • Kyrgyzstan
  • Laos
  • Latvia
  • Lebanon
  • Liberia
  • Lithuania
  • Luxembourg
  • Macedonia
  • Madagascar
  • Malawi
  • Malaysia
  • Mali
  • Malta
  • Martinique
  • Mexico
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nepal
  • Netherlands
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Norway
  • Oman
  • Pakistan
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Rwanda
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Tajikistan
  • Tanzania
  • Thailand
  • Togo
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turks and Caicos Islands
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • Uruguay
  • US Virgin Islands
  • Uzbekistan
  • Vietnam
  • The British Virgin Islands
  • Zambia

Check also: Best Jobs for Nepali in the United States

Limitations of Xoom

Every remittance company has applied some limits on transactions. But to send money through Xoom is easy and all you have to do is, make an account, then you can access it. After that, select the country you’d like to send money to.

Limitations on transactions are that you cannot send a lesser amount than $25, which is the least minimum amount and cannot spend above $2,999, which is the maximum amount you can send through Xoom. You’re also limited to send about $2,999 in 24 hrs, $6,000 in one month i.e. exactly 30 days and $9,999 in 180 days.

Though there are many ways for you to get your limits increased, you will have to provide some additional information (like information about your occupation, social security number, photo ID, proof of income, and proof of residence). Xoom also offers very low fees and a money-back guarantee in which the recipient will receive all your funds, but this type of service isn’t available in every country.

Is Xoom regulated by the Government?

Xoom is owned by PayPal, Inc. It is a service provided by PayPal. PayPal is a licensed provider of money transfer services and all the money transmission is provided by PayPal, Inc. according to PayPal, Inc.’s licenses. The PayPal incorporation is a money service business which is directly regulated by the federal government and by various U.S. state governments and agencies. So, yes, Xoom is a government-regulated company.

How to safely send money through Xoom?

Xoom has recommended some of the safety measures that users should apply to protect themselves from losing their money or from getting scammed. Here are some of the Safe sending practices and possible scams from which you should prevent yourself:

Send only to people you know

Xoom recommends its users to send money transfers to family and friends. And Xoom is prohibited to be used for commercial purposes. It is not recommended to send money to anyone that you do not know personally. Frauds can target you and convince you to send money using Xoom, but never send money to the individual whom you do not know personally.

Simple and the best way to prevent yourself from such a scam is: send only to those people whom you know personally. Xoom will not be responsible for any losses that you may suffer from such frauds and any other.

Fulfill requests only from people you know

If you receive a mail requesting money and if you are unsure if it’s legitimate, try to confirm directly with the requestor. You can click on unsubscribe from request emails anytime by simply clicking on the “unsubscribe” link at the bottom of the requested email, select your reason for unsubscribing, then select “Submit.”

Safeguard your password

Do not share your password with anyone and try not to use the same password everywhere. You must use a strong password and avoid using any part of your name, birthday, address, or personal information in your password.

Try to use a unique password which has a combination of letters, numbers, and symbols that you think will be hard for other people to guess. Do not write it in any place where others can see it, instead, memorize it in your mind. If you suspect your password is compromised, change it immediately.

Send for yourself, not for others

Do not receive or submit money transfer on behalf of another person or entity.

Use Xoom for legal purposes only

Never indulge in illegal activities and you should never use Xoom to send or receive a money transfer that may be unlawful or for any kind of unlawful acts that are prohibited by the local government. Xoom can discontinue your use of the service immediately if they find out any unlaw acts being carried out using your account.

Relationship scams

Do not send money to the person, whom you met on the internet, whether on a legitimate dating site or advertising sites. Scammers target the people on dating sites. Never send money to someone who you don’t know very well.

Fix your computer scams

Never allow a stranger to take over the control of your computer. Do not install software on your device from illegitimate websites or a stranger. They can hack into your computer and still your private and financial information.

Emergency request scams

Never believe anyone if they ask for money through emails from a friend or family member who may be asking you to send money out of the country to help them in an emergency. They might say they need money to bail out of jail or say that they have lost their wallet and need help for a hotel bill or an airline ticket. Never send them money without cross-checking, try to speak with them on the phone first and only send after confirming.

Sweepstakes scams

Sometimes, you may receive mail that you need to send money to pay for taxes or handling fees to process a prize or lottery winnings. Always remember that if you didn’t enter the lottery or sweepstakes, then you will be never going to win that money. It is always a scam.

Note: Xoom doesn’t take any liability of losses that you might encounter with the use of service in illegitimate and other acts that violate the terms and use of the services of Xoom.

How to Cancel your transfer in Xoom?

You can easily cancel the transfer of your money in Xoom. For the cancellation of a transaction, you don’t require an additional fee. You can cancel your transaction by logging in to your Xoom account and go to the Track my transaction page, where you can request a cancellation. Else you can also call Xoom Customer Service toll free number 1-877-815-1531 to cancel your request.

If your transfers have not been deposited, picked up, delivered or paid to your recipient may be canceled. And after the cancellation, generally, a refund takes three business days to be issued and to be processed, it takes 1 to 5 business days and gets deposited or credited to your account or card, respectively.

Check also: How to Get Payoneer MasterCard in Nepal?

Xoom Overview

Xoom moves your money very fast and keeps your security as it’s a top priority. The speed of money transfer service in Xoom is subject to many factors, which includes:

  • The approval by the Xoom proprietary anti-fraud verification system.
  • It funds the availability from the sender’s payment account like checking credit or debit cards
  • The banking system and banking hours availability in the receiver’s country or region can be different from the sender.
  • There is a difference in time zones, weekend and bank processing.

Xoom can be accessed using its mobile apps for iOS and Android and also from their website. supports languages such as English, Spanish, Vietnamese, French, Italian, Polish, Portuguese, Romanian, Russian, Korean and Chinese.

One of the best things about Xoom is it keeps you informed of the status of your transfer with text updates or email notifications. It is also one of the best money transfer providers with the highest satisfaction to its users in comparison to others and has good and positive reviews by the customers.

So, if any individual wants to transfer their money online, they can send money to any desired locations of the world with a reliable, safe and secure medium, which is Xoom. Xoom helps the user to transfer money easily at any point in time.

The wide coverage of countries across the globe which is now 141 countries and regions and low fees for transaction processing makes it the most popular option for individuals. It has become a leading money transfer provider due to its secure, reliable and safer medium with a reputed name in online payments and transactions. Xoom stands out as the best medium for those who wish to send money to their family or friends staying in different parts of the world.

Surely, Xoom is the best money transfer available to send money to Nepal instantly with overall low fees and a safe, reliable and trustworthy medium. It has over 23,550 pickup locations all over Nepal from the Hilly to Terai region and Mechi to Mahakali.

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