Remittances are a major source of income for Nepal, bringing in over $200 billion per year. Money is transferred through banks and money transfer operators from Nepalese workers abroad to recipients in Nepal. Over 50 companies are registered to facilitate remittances, which have developed reliable infrastructure throughout the country, including remote areas. However, some problems remain, such as a lack of awareness about transfer processes, difficulties associated with lacking citizenship documents, challenges serving rural areas, and shortcomings in complying with regulations. Overall, remittances are an important and growing sector for Nepal's economy.