Send money to India

1.00 CAD

Fast and secure

Why choose Bank of Ceylon ?

Bank of Ceylon is a state-owned commercial bank based in Sri Lanka, with operations extending to India. Founded in 1939, it has emerged as a prominent bank in Sri Lanka, maintaining a robust presence nationwide. With a network of over 600 branches in Sri Lanka and abroad, including India, Bank of Ceylon offers a comprehensive range of financial services encompassing personal and corporate banking, loans, insurance, investment products, and foreign exchange services.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

umar shameem

Sending money to India with RemitBee was a game-changer! They made it so simple and worry-free, I'm impressed!

Sindhura Tejaswi

I can't thank RemitBee enough for their amazing service. Sending money to my family in India is now a joy!

Ankit Jaswal

RemitBee has become my trusted companion for sending money to India. It's like they truly understand my needs!

Easy with Remitbee

How to Send Money to Bank of Ceylon

Create a Free Remitbee Account

Start by registering for a free Remitbee account, which provides access to a secure Remitbee Wallet and a private account within our system.

Provide Your Information

Share your personal details, including 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 by providing the recipient's bank information, including the bank name and account number. You can also indicate whether the recipient prefers to collect the funds or opt for direct deposit.

Check the Exchange Rate

Examine the CAD to INR exchange rate. Once you are satisfied with the rate, input your desired transfer amount. Choose your preferred payment method and confirm the transaction. Please note that while exchange rates fluctuate daily, our payment method fees remain consistent.

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 makes its way to India.

Be a Hero

Sending money online to support your family in India earns you the status of a hero, and our aim is to provide you with a service that befits that distinction.

Send to all major banks in India

What information you’ll need to complete the transfer

Wire Transfer to Bank account

Recipient's name:Ensure the recipient's name matches exactly with their bank statements to prevent any transfer delays.
Address: Provide the branch address to ensure accurate routing of the funds to the recipient's city.
Bank Name: Specify the name of the Indian bank where you intend to send the money.
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 update our rates to provide you with the most competitive exchange rates for Indian Rupees and Bank of Ceylon forex rates available 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 with ease.

What are the benefits of sending
directly to Bank of Ceylon ?

Enhanced Security

Experience a higher level of security compared to traditional offline methods.

Swift Transfers

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

Convenience

Initiate the transfer conveniently from the comfort of your home.

Immediate Accessibility

Your funds become instantly accessible upon the successful completion of the transfer.

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender's bank to the recipient's bank, and any fees are assessed before the transfer is approved. One of the banks involved will calculate the exchange rate from CAD to INR, and the money is moved 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!

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.

Frequently Asked Questions

Can I send money to a Bank of Ceylon account using Remitbee?

Certainly, you can! Remitbee is here to cater to your remittance needs, as long as the transaction begins in Canada.

How can I pay for my money transfer to Bank of Ceylon?

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit. </a>

What is the maximum amount I can send to a Bank of Ceylon account?

Once your identity is successfully verified on our platform, you can initiate transfers of up to 1,000 CAD per day, with a monthly limit of 50,000 CAD.

What delivery methods are available for the money transfers to India?

The funds will be swiftly transmitted through the Bank of Ceylon's system and promptly credited to the recipient's account, allowing them to monitor the arrival of the funds. Typically, this process is completed within one business day, although in some instances, it can be as quick as a few minutes.

How much does Remitbee charge to send money to India bank accounts?

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+

What is the maximum amount you can transfer to a Bank of Ceylon account from Canada?

The maximum amount you can send depends on your account's verification level.

At Verification Level 1, the initial level, you can send up to 1000 CAD per day and a maximum of 3000 CAD per month.
We highly recommend advancing to Verification Level 2, which allows 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 forthcoming Verification Level 4, currently in development, which will provide even higher sending limits.
It's worth noting that the verification process is a one-time requirement. Once verified, there's no need to submit any additional documents.