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.
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 |
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
Low maximum transfer amount
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.
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
|
Easy process to sign up and initiate a transfer
It’s affordable
Offers better rates than many other providers
High daily transfer limits
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
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.
Transfer Type | Online |
Pay-In Methods | Online Phone Agent |
Speed | 1 day |
Multiple transfer options
No transfer fees
Wide range of currencies
Deliver funds using bank deposit onlu
Phone verification for new accounts
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.
Transfer Type | Online |
Pay-In Methods | Bank Account |
Pay-Out Methods | Bank Account Cash Pickup |
Fee | Lower fee than banks |
Speed | 3-5 days |
Best exchange rates
Multiple payment options
Safe and secure
Transfers for certain countries can be expensive
Transfer Type | Online |
Pay-In Methods | ACH transfers Wire transfers |
Pay-Out Methods | ACH transfers |
Fee | $9 fee |
Speed | Same day |
Offers 24/7 customer support
Competitive exchange rates
Got the most out of your transfer
Services limited 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.
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 |
More than 500,000 agent locations around the world
Multiple transfer and pick up options
Safe and secure
Low maximum transfer amount
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
Transfer Type | Online |
Pay-In Methods | Bank |
Pay-Out Methods | Bank |
Fee | $0 fee |
Speed | 1-2 days |
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
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 |
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.)
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 |
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.
Send money in minutes
Track your transfer’s progress with updates to your phone
SSL with 256-bit encryption keeps your money safe
Remitly sends to 10 countries only
Low maximum daily limits
Credit cards transactions and transfers to some countries can be expensive
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.
Transfer Type | Online |
Pay-In Methods | Bank Credit Card Debit Card |
Pay-Out Methods | Bank |
Fee | 0.00 CAD |
Speed | 1-2 days |
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
Limited delivery options.
Limited no-fee intro.
Long transfer speeds.
No recurring payments.
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