Exchange Rates & Fees: What Nepali Expats in UK Need to Know

Sending money home is an integral part of the life of many Nepali expats, especially when supporting families in Nepal. However, understanding exchange rates and fees can be a confusing task. How much will your loved ones receive? 

Are you paying too much for the transaction? 

Fortunately, if you're sending money from the UK to Nepal, ACE Money Transfer offers a way to make your transfers more affordable.

Understanding exchange rates and fees is crucial for Nepali expats looking to send money back to Nepal. By choosing the right transfer service and taking advantage of promotional offers, you can ensure more money reaches your family in Nepal.

How Do Exchange Rates Impact Your Transfers to Nepal?

When sending money to Nepal, the exchange rate is one of the most important factors to consider. The exchange rate determines how much Nepali rupees (NPR) your recipient will receive for every pound (GBP) you send. A higher exchange rate means your family will receive more money, while a lower rate will result in them receiving less.

Moreover, the exchange rate for GBP to NPR can fluctuate, affecting the final amount your recipient gets. For example, if the rate is 1 GBP = 150 NPR, your family will get more rupees than if the rate drops to 1 GBP = 145 NPR.

What Fees Are Associated with Sending Money to Nepal?

Fees can add up quickly when sending money abroad. Most transfer services charge a flat fee, a percentage-based fee, or a combination of both. It's essential to understand the types of fees involved and how they can impact the total cost of your transfer.

• Flat Fees: These are set charges per transfer, regardless of the amount sent.
• Percentage-Based Fees: These fees depend on the amount you send and are typically a small percentage of the total transaction value.
• Hidden Fees: Some services include hidden fees in the exchange rate, which means you don’t see the real cost upfront.

In collaboration with ACE Money Transfer’s and IME Wallet, Nepali expats can now take advantage of the zero-fee offer for every transaction from UK to Nepal between June and August 2025, regardless of whether the payout option is bank, cash, or wallet. This offer eliminates the usual transaction fees, allowing you to send money without worrying about hidden costs or percentage-based deductions.

For more details, check out our complete guide on sending money from the UK to Nepal.

How Can You Save on Fees?

Saving on fees is simple if you know where to look. By choosing a service like ACE Money Transfer that offers transparent pricing and limited fees, you can ensure that your family in Nepal gets the full benefit of the money you send.

To get the best deal, keep these tips in mind:

• Look for Zero Fee Offers: As mentioned, ACE Money Transfer offers zero fees for all transactions to Nepal, regardless of whether the payout option is bank, cash, or wallet, which is a great opportunity for Nepali expats.
• Choose Providers with Low Fees: Compare different providers before transferring to see which offers the lowest fees.
• Consider Transfer Size: Some providers offer lower fees on larger transfers. If you're sending a significant amount, this could save you money.

What’s the Best Time to Send Money to Nepal?

Exchange rates and fees can vary depending on the day and time you send money. Monitoring rates and timing is important to ensure you get the best deal. For example, the exchange rate might be better on weekdays than weekends, or rates may vary based on global economic factors.

How Does the ACExIME Zero Fee Offer Help?

For Nepali expats in UK, the ACExIME collaboration offers a golden opportunity to save money on every transfer to Nepal. Between June and August 2025, you can send money with zero fees using ACE Money Transfer in partnership with IME Wallet. It means you can send money to your loved ones in Nepal without worrying about hidden costs eating into the transfer.

By taking advantage of zero-fee offers like the ACExIME partnership, Nepali expats can significantly reduce the overall cost of sending money to Nepal, ensuring more funds reach their families.

Ways to Ensure the Best Money Transfer Experience

Here’s a summary of tips to help ensure you are getting the best deal when sending money to Nepal:

• Monitor Exchange Rates: Keep an eye on exchange rate fluctuations to maximize the value of your transfer.
• Avoid Hidden Fees: Choose transparent providers like ACE Money Transfer to avoid surprise charges.
• Use Promotions: Take advantage of campaigns like the zero-fee offer, which can help you save significantly on transfer costs.

FAQs

How can I send money from Nepal to the UK?

To send money from UK to Nepal, you can use services like ACE Money Transfer. Simply select the "Send Money to Nepal" option, choose your payment method, and securely transfer funds to the Nepal recipient.

Is it possible to send money to Nepal for free?

Yes! With ACE Money Transfer’s exclusive partnership with IME Wallet, Nepali expats can send money to Nepal with zero fees on every transaction between June and August 2025.

How long does it take for money to arrive in Nepal?

Transfers to Nepal typically take 1-3 business days, depending on the provider and payment method. ACE Money Transfer ensures fast, secure transfers.

What is the best way to send money from the UK to Nepal?

The best option is to use services with low fees and competitive exchange rates, like ACE Money Transfer. Be sure to check for promotions such as zero-fee offers.

Can I track my transfer to Nepal?

Yes, ACE Money Transfer provides real-time tracking of your transactions, allowing you to see where your money is and when it will arrive.