Thanks for answering.

No.

No. But they are very slow. Customer service is not that great as well. They say that money will be available in receiver's bank in 3 days but takes more than 3 days usually

Thanks Mancini and NE_Patriots for answering. Just curious, how many days did it take for money to be available in Nepali bank from the date the transfer was done via Muncha website?

I use Muncha most of the times. They take 10 days to deposit in to beneficiary's bank account. Here is how there timeline works.
3 days to withdraw from your us based bank a.c.
3 days for transfer to Nepal Muncha's account
3 days to deposit check to beneficiary bank account
1 day for clearance
Pros- good exchange rate and no commission

Thanks ProNepali for the detailed answer