Tag: sum

  • Possible challenges while receiving large sum of money from Abroad.

    Possible challenges while receiving large sum of money from Abroad.


    May sending a large sum of money to Nepal may present challenges for both the sender and receiver. Are there difficulties associated with transferring a substantial amount from abroad? What risks, problems, or formalities must one navigate in this process?

    In a specific case, if a business owner in the USA aims to send a significant amount, such as a billion, to their family in Nepal, are there potential obstacles, and can the family smoothly receive such a substantial sum?

    Moreover, does the NRB scrutinize the transaction before the receiver gains access to the funds? Seeking insights from experts familiar with this field would be beneficial to clarify any doubts.


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