Send money to India

CA1.00 CAD

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Why choose Ahmednagar Merchant's Co-operative Bank ?
Ahmednagar Merchant's Co-operative Bank stands as a renowned and esteemed co-operative bank in India. With its origins deeply embedded in Ahmednagar, Maharashtra, the bank has been diligently catering to the financial requirements of individuals, enterprises, and local communities in the area for numerous years.
Don’t just take our words for it
We have thousands of happy Remitbee users to back it up
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umar shameem
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Sending money to India with RemitBee was a game-changer! They made it so simple and worry-free, I'm impressed!
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Sindhura Tejaswi
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I can't thank RemitBee enough for their amazing service. Sending money to my family in India is now a joy!
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Ankit Jaswal
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RemitBee has become my trusted companion for sending money to India. It's like they truly understand my needs!
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Easy with Remitbee
How to Send Money to Ahmednagar Merchant's Co-operative Bank

Create a Free Remitbee Account

Begin by signing up for a free Remitbee account, which grants you access to a secure Remitbee Wallet and a private account within our system.

Provide Your Information

Share your personal details, including your full name, address, and occupation, and complete the email and phone number verification.

Specify the Recipient's Details

Inform us about the destination of your money transfer. Provide the recipient's bank information, including the bank name and account number. You can also indicate whether the recipient will pick up the funds or have them directly deposited.

Check the Exchange Rate

Review the CAD to INR exchange rate. Once you're satisfied with the rate, input the desired transfer amount. Select your preferred payment method and confirm the transaction. Please note that while exchange rates fluctuate daily, our payment method fees remain constant.

Track Your Transaction

With all the essential steps completed, we will initiate the transfer, and you can easily monitor its progress using the Remitbee app as it heads to India.

Be a Hero

Sending money online to support your family in India makes you a hero, and our goal is to provide you with a service worthy of that title.
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What information you’ll need to complete the transfer
Wire Transfer to Bank account
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    Recipient's name:Ensure the recipient's name matches exactly with their bank statements to avoid any transfer delays.
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    Address: Provide the branch address to ensure precise routing of the funds to the recipient's city.
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    Bank Name: Specify the name of the Indian bank where you intend to send the money.
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    Account Number: Include the recipient's account number to facilitate a seamless transfer to their account.
How Remitbee calculates the CAD to INR exchange rate
Our goal is to keep fees to a minimum and consistently revise our rates to provide you with the most competitive exchange rates for Indian Rupees and Ahmednagar Merchants Co-operative Bank forex rates in the market. While there are modest charges linked to bill payments, Interac, or debit card transactions, you also have the choice of using the Remitbee Wallet, which comes without any fees. We maintain transparency regarding all fees, and you can easily review them within the application before initiating your money transfer to India.

What are the benefits of sending
directly to Ahmednagar Merchant's Co-operative Bank ?

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Heightened Securit

It offers a superior level of security compared to traditional offline methods.

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Swift Transfers

The process is expedited, ensuring your money arrives promptly at its destination.

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Convenient Process

You can initiate the transfer conveniently from the comfort of your home.

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Instant Accessibility

Your funds become available immediately upon successful completion of the transfer.

How international money transfers work
International wire transfers are executed through the SWIFT network. The sender's bank transmits transfer instructions to the recipient's bank, and any relevant fees are established before the transfer is approved. One of the participating banks will calculate the CAD to INR exchange rate, streamlining the transfer of funds between the accounts.

Check our refer and earn program!

Discover RemitBee's exciting referral program, unlocking fantastic rewards! Earn a generous $20 reward for every successful referral and gift your friends a $10 reward upon their first transaction using your exclusive code. To qualify, your friend needs to send a minimum of C$200 or exchange at least C$1,000. With plentiful referral opportunities, kickstart your earning journey with RemitBee today!
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Best way to send money from Canada on the go

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
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Frequently Asked Questions
Certainly, you can! Remitbee has your remittance needs covered as long as the transaction originates from Canada.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit. </a>
It will be delivered via the Ahmednagar Merchant's Co-operative Bank’s system to the recipient’s account, who can see when the money arrives. It takes an average of one business day, although it could take as few minutes in some instances.
The funds will be transferred through Ahmednagar Merchant’s Co-operative Bank's system and promptly credited to the recipient's account, enabling them to monitor the arrival of the funds. Usually, this procedure is completed within one business day, although in some instances, it can be as swift as a matter of minutes.
Once your identity is verified on our platform, you can initiate transfers of up to 1,000 CAD per day, with a monthly limit of 50,000 CAD.

Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:

  • Interac Online - $2.99

  • E-transfer - Free

  • Bill Payment - Free

  • Electronic funds Transfer - Free

  • Visa or Mastercard Debit - $2.99+

The maximum amount you can send is determined by your account's verification level.

  • At Verification Level 1, the minimum requirement, you can send up to 1000 CAD per day and a maximum of 3000 CAD per month.

  • We highly recommend progressing to Verification Level 2, which enables you to send up to 3,000 CAD daily and up to 25,000 CAD monthly

  • For users with more extensive transfer needs, we offer Verification Level 3, granting you the ability to send 9,000 CAD daily and up to 50,000 CAD monthly.

  • Stay tuned for the upcoming Verification Level 4, which is under development and will provide even higher sending limits.

    It's important to note that the verification process is a one-time requirement. Once verified, you won't need to submit any additional documents.