Posted by: Daredream September 18, 2018
13% Interest earning account in Nepal
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My Background - I invest good amount in stock but want to diversify. ROI is 40% & 1.80% interest in saving account. Was having conversation with my desi frens over weekend. So looks like they send money to India and earn good interest. They suggested me to look at that route too. Right now $1=116.21 NR. On top of that we can get 12 to 13% interest in Bank. Has anyone done this? I know i will have to use some other channel when i bring money back in but was wondering if I can do that legally. I am US citizen and my spouse is Green Card holder.
Thanks Guys!

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