Money Transfer Companies from Canada to India

Before sending money to Canada, there are couple of things you have to keep in mind like what is the cheapest way ? Depending on your sending amount, what is the fastest money transfer service because time can mean everything. What are the transfer methods available ? Is your final option is the best option for sending money ?

For the all above questions, you can see and compare all popular money transfer services for sending money from Canada to India on this page.

1. WorldRemit

Necessary money transfer information while send money to India using Worldremit -

Transfer Type Online
Pay-In Methods
Credit Card
Debit Card
Pay-Out Methods Bank Account , including: SBI (State Bank of India), Bank of India, ICIC Bank, HDFC Bank, Union Bank of India, Punjab National Bank, Bank of Baroda, Yes Bank, IDFC Bank, Axis Bank, Canara Bank, Federal Bank, State Bank of Travancore, State Bank of Hyderabad.
Mobile Recharge Mobile airtime is added instantly to phones on: Airtel, Aircel, BSNL, Idea, Loop, MTS, Reliance, Tata Docomo, Tata Indicom, Uninor, Videocon GSM, Vodafone, Dish, Sun Direct, Tata Sky, and MTNL.
Fee Lower fee than banks
Speed 1-2 working days

PROS

Lower fees than you will find in banks

There is no minimum amount for your transfers

Convenient to send money to India online transaction makes it easier to send money

A good feature of WorldRemit is that they will send your recipient an SMS message when the transfer is initiated and give them the transaction number. You will receive a similar SMS once your beneficiary has collected the cash

CONS

Low maximum transfer amount

How to send money to India ?

1. How you want to send money to India: bank deposit or airtime top-up, and enter the amount so that you can transfer to all banks in 1-2 working days.

2. Fill your recipient's details:you can choose from a list of people you’ve sent to in the past, or add a new recipient

3. Now pay for the transfer:you and the recipient both will get notifications by SMS and email when the money is sent and received.

2. Transferwise

Necessary money transfer information while send money to India using Transferwise -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods Bank
Fee A fee of 1% of the amount sent
Speed 3-5 days
Security
1. 2-factor authentication
2. Registered with the Financial Crimes Enforcement Network (FinCEN)
3. Standard HTTPS encryption safeguards

PROS

Easy process to sign up and initiate a transfer

It’s affordable

Offers better rates than many other providers

High daily transfer limits

CONS

Bank account transfers only

It's a Two-step process, firstly wire money to TransferWise and then deposits the money to recipient’s bank account

Need an SSN(Social Security Number) to send money

How to send money to India ?

1. Initiate your transfer by using the TransferWise website on a desktop, laptop, or mobile device.

2. Provide the recipient’s bank account details or an email address.

3. Enter the sending amount or the exact amount you want the recipient to receive. If you opt for a specific amount transfer, you have to pay an extra 3% deposit, in the event there is a fluctuation in the exchange rate.

4. Make your payment using any of the available methods.

Necessary money transfer information while send money to India using OFX -

Transfer Type Online
Pay-In Methods
Online
Phone
Agent
Speed 1 day

PROS

Multiple transfer options

No transfer fees

Wide range of currencies

CONS

Deliver funds using bank deposit onlu

Phone verification for new accounts

How to send money to India ?

1. Register an account with Ofx.

2. Enter personal details, address and occupation.

3. Verify your identity and log into your account.

4. You will get a rate quote.

5. Add the receiving account details.

6. Confirm the transaction.

7. Track the status of transaction.

4. Money2Anywhere

Necessary money transfer information while send money to India using Money2Anywhere -

Transfer Type Online
Pay-In Methods Bank Account
Pay-Out Methods
Bank Account
Cash Pickup
Fee Lower fee than banks
Speed 3-5 days

PROS

Best exchange rates

Multiple payment options

Safe and secure

CONS

Transfers for certain countries can be expensive

5. Remit2India

Necessary money transfer information while send money to India using Remit2India -

Transfer Type Online
Pay-In Methods
ACH transfers
Wire transfers
Pay-Out Methods ACH transfers
Fee $9 fee
Speed Same day

PROS

Offers 24/7 customer support

Competitive exchange rates

Got the most out of your transfer

CONS

Services limited to India

How to send money to India ?

1. Register account.

2. Complete your personal information.

3. Choose your receiver country and currency.

4. Complete all fields regarding your recipient's detail

5. Complete transaction and track status.

6. Western Union

Necessary money transfer information while send money to India using Western Union -

Transfer Type
Online
At agent locations
Pay-In Methods Credit/debit card
Pay-Out Methods
Bank
Cash
Fee 5.00 CAD
Speed 3-5 days

PROS

More than 500,000 agent locations around the world

Multiple transfer and pick up options

Safe and secure

CONS

Low maximum transfer amount

How to send money to India ?

1. Set up a free account.

2. Log into account and initiate transfer.

3. Choose your payment method.

4. Fill recipient’s name and contact information.

5. If sending to a bank account, you’ll need the bank name and account number. If you’re sending a prepaid card for home delivery, you’ll need the address and phone number.

6. Fill your contact information.

7. Complete the transaction

Necessary money transfer information while send money to India using Kotak -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods Bank
Fee $0 fee
Speed 1-2 days

Highlights-

Avail attractive exchange rates

No transaction charges on your transfers

Multiple options to deliver the money to your receiver

Transfer to Kotak Mahindra Bank Accounts or Transfer to accounts held with over 100 banks in India or deliver by Demand Draft

Track the status of the transfer in your Click2Remit account

Necessary money transfer information while send money to India using ICICI -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods
Bank
Cash Card
Fee
1500 CAD and above : No service charge
Up to 1500 CAD : 4 CAD
Speed 2-3 days

Highlights-

Money2India service facilitates money transfers to India from 9 countries and currencies

Firewall (virtual electronic fence that prevents unauthorized access to the ICICI Bank server)

128 bit Secure Socket Layer (Security technology that ensures all information exchanged is confidential.)

Necessary money transfer information while send money to India using Remitly -

Transfer Type Online
Pay-In Methods
ACH Transfer
Credit Card
Debit Card
Pay-Out Methods ACH Transfer
Fee FREE for transfers over $500 and less than $500, pay a small fee of only $1.99
Speed 1-2 days

How can you increase your transfer limit with Remitly?

To access higher transfer limits, log in and visit Remitly’s Manage Limits page. Answer the questions and provide ID and additional banking information. Representatives will review the information you provide and get back to you shortly.

PROS

Send money in minutes

Track your transfer’s progress with updates to your phone

SSL with 256-bit encryption keeps your money safe

CONS

Remitly sends to 10 countries only

Low maximum daily limits

Credit cards transactions and transfers to some countries can be expensive

How to send money to India ?

1. Create an account.

2. Choose your recipient’s country and enter your sending amount.

3. Provide your recipient’s information.

4. Pay with your bank account, credit card or debit card.

5. Confirm your transaction.

6. You will receive text updates on your transaction to your phone.

Necessary money transfer information while send money to India using Xendpay -

Transfer Type Online
Pay-In Methods
Bank
Credit Card
Debit Card
Pay-Out Methods Bank
Fee 0.00 CAD
Speed 1-2 days

PROS

Pay what you want

It’s secure. Xendpay is registered with the UK’s Financial Conduct Authority

Competitive exchange rates. Xendpay’s rates are often stronger than banks and other services

iPhone app. Allows transfers from iOS mobile devices

CONS

Limited delivery options.

Limited no-fee intro.

Long transfer speeds.

No recurring payments.

How to send money to India ?

1. Set up a free account on Xendpay.

2. Enter the sending amount and your recipient's country.

3. Enter your recipient’s detail.

4. Pay with a debit card, credit card or bank transfer.

5. Confirm your transfer

Necessary money transfer information while send money to India using ZipZap -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods
Bank
Cash Pick Up
Door to Door
Fee 4.95 CAD
Speed 1-2 days

Highlights-

Send money conveniently and frequently from wherever you are using ZipZap Apps

Guaranteed lowest fees and highest rates - because sending money to your loved ones should not be expensive

Registering is very easy! You can create an account with just your email address and mobile number and complete the registration by adding your physical address and date of birth.

How to send money to India ?

1. Download the App or create an Account online - It’s Free.

2. Add Recipients.

3. Send Money Using Your Bank Account or Visa Debit Card.