Transfer Money from Canada to India: Services, Exchange Rates & More
Why you should use Remitbee to transfer money to India?
There are many immigrants living in Canada who are looking to send money to their loved ones back home. With the help of online money transfer services like Remitbee, you can send money in just a few moments. Today, we’re going to talk about all things related to sending money to India. We will cover the best methods of transfer, how much it costs and more. Let’s get to it!
Remitbee is te best way to transfer money to India
Founded by Immigrants
Our company was founded and operated by immigrants who know the importance of a great money transfer services!
Best CAD to INR rate
We offer the best Canadian dollar to Indian Rupee exchange rate in Canada. Check our live exchange rates now.
Fast and easy money transfers
Don’t waste your time! The Remitbee web platform and mobile apps offer fast, convenient and easy way to convert CAD to INR.
Send money to India for free
Our customer support team is always ready to help and assist our customers. Just give us a call, and we will take care of it.
Transparency for our customers
Unlike the banks, we never have hidden fees and big margins on the exchange rates. We always try to give your the best when you sending money from Canada to India.
What is the best way to pay for your money transfer to India?
We offer few very convenient payment methods to fund your CAD to INR transfer. To easily pay for it, you can choose one of the following options: Interac e-Transfer, Interac Online, Direct Withdrawal (EFT), Bill Payment or Debit card. With so many payment options, it is easy to find one that works for you.
How to Transfer Money to India in 6 Easy Steps.
Get your Remitbee account
Create your account for free using our website or download the app from the Apple App Store or Google Play Store to start sending money transfers to India.
Verify your Identity
Security is #1 priority at Remitbee, but so is efficiency! You can verify your identity quickly and easily to start sending your money abroad.
Add your Indian recipient
You can send directly to your recipient’s bank account in India. Pick up and delivery options are also available for India money transfers.
Select a payment method
You can load up your Remitbee Wallet from your bank account or use the Visa Debit, Mastercard or Interac E-transfer to fund your CAD to INR money transfer
Check a CAD to INR exchange rate
Confirm the up-to-date exchange rate and confirm fees - if there are any! You can view all of this info before you transfer, as we never have any hidden fees or charges later.
Get Back to What Matters!
Transfers to India can take as little as 5 minutes or up to 1 business day. Remit money to India before 8pm and it will arrive in just a few hours! All you need to do is relax.
Remitbee is a cheapest option to transfer money to India
The cost of money transfer depends on how much you send and what payment method you use to fund your transfer. However, with Remitbee Wallet, there are no fees on transfers over $500 CAD. Please check out our rate calculator to see how much it would cost to send your desired amount with the transfer method of your choice.
Remitbee is the most secure and reliable option when you send money to India
Security is our main priority. That’s why we partner with McAfee Canada and use a Microsoft Azure to store our data. We use 256 bit SSL encryption on all data and transfers, so your money and personal details are completely secure.
Transfer money from Canada to India on the go with Remitbee App
Created for all smarthphone users, the Remitbee app has all the money transfer functionality compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to transfer funds from Canada to India.
Remitbee is a cheapest option to transfer money to India
The cost of money transfer depends on how much you send and what payment method you use to fund your transfer. However, with Remitbee Wallet, there are no fees on transfers over $500 CAD. Please check out our rate calculator to see how much it would cost to send your desired amount with the transfer method of your choice.
How do I send money from Canada to an Indian bank account?
You can use Remitbee to do simple, quick and cost-effective transfer internationally. We are regarded as one of the best ways to transfer money from Canada to India. You can download Remitbee’s Money Transfer app on Google Play or Apple App stores. Once downloaded, you can immediately start using it to send money to India.
What is the most inexpensive and reliable way to send $1,000 or less from Canada to India?
Try Remitbee money transfer! You can transfer money to India with a few steps. Transfers for $500 and over $500 are free via the Remitbee Wallet
Is it possible to transfer money (from Canada) to an Indian bank using the recipient's account number and IFSC code of the bank (without the BIC/SWIFT code)?
Yes of course! That's all we need. We require the below information to transfer funds to India. Recipient's Name,Recipient's Phone number, Bank Account number and IFSC
How to transfer money from Canada to India legally?
Remitbee is the best option. We are fully regulated and secure.Remitbee is one of the most reputable and leading money transferring online companies in Canada.
Can a student studying in Canada send money to India after managing his/her expenses? Is this possible?
Yes. Anyone residing in Canada will be able to transfer money after completing the verification process.
If someone who is not an Indian or NRI send money from abroad to my normal Indian savings account, will it be taxable?
If you are sending the money to your NRE/NRO account or to the bank account of your close relatives, then it is tax-free.
How much money can I send to India in a year from Canada?
There is no limit to the amount of money you can send back to India in a year. All governments welcome funds from foreign countries as it bolsters the economy. India has not sent any limits on receiving funds from abroad.You can send up to a maximum of **$3000 CAD** per day for a verified account. Please see compliance requirement in order to verify your account. 1 Month max limit you can send a total of **$25000** in a month. Receiving bank may have limits and if your planning to send large amounts we recommend contacting the receiving account bank.
How long does it take to transfer money from Canada to India?
Remitbee is committed to bringing the fastest and lowest cost money transfer service possible.Many country corridors such as India we have already built money in minutes service and others we are continuously striving to make it quicker. Most delays happen for these common reasons:* Compliance verification requiring additional documentation from Remitbee or receiving bank* Overseas Payment processor hours of operation * Wrong Recipient details* Your payment method for transfers. More precise hours of delivery is displayed when adding the recipient
Which money transfer is best for India?
Remitbee is the best option! We have some of the quickest transfer times available. Don't believe us? Give Remitbee a go and track your transfer status from the app! You can download Remitbee’s Money Transfer app on Google Play or Apple App stores. Once downloaded, you can immediately start using it to send money to India.
Do I need to pay tax if I transfer money to India?
No, you don't have to. Since you already pay tax on the amount you earned in Canada, you are not required to pay further tax on the same money.
Is money sent from abroad to India taxable?
No tax to be paid if the sender is your close relative. As per RBI rules, the remittance money received from persons abroad, who are your close relatives, is treated as a tax-free gift.
How can I send money from Canada to India without charges?
Try Remitbee money transfer! You can transfer money to India. Transfers for $500 and over $500 are free via the Remitbee Wallet.
How can I receive money from Canada?
Remitbee is regarded as one of the best ways to transfer money very safely from Canada to India. Try our simple, quick and cost-effective transfer service.
How can I send money to India without fees?
Try Remitbee money transfer! You can transfer money to India. Transfers for $500 and over $500 are free via the Remitbee Wallet.
Can NRI send money to parents in India?
Yes. You can send money to your family using Remitbee. We are created, owned and operated by immigrants to Canada who make it their mission to help other Canadians send money back home.
How can I send money to parents in India?
Remitbee is one of the most reputable and leading money transferring online companies in Canada. We are regarded as one of the best ways to transfer money from Canada to India. Don't miss the simple, quick and easy-to-use money transferring experience!But don’t just take our word for it. We have verified high scores and Remitbee reviews on Facebook, Google and Trustpilot, an independent website that has rated us as ‘Excellent’.
How much money can an Indian citizen transfer abroad?
The Reserve Bank of India (RBI) in its monetary policy review enhanced the limit under Liberalized Remittance Scheme (LRS) to $250,000 per person per year from existing limit of 125,000 USD.Read more: https://www.rbi.org.in/
Is gift to parents taxable in India?
No tax to be paid if the sender is your close relative.As per RBI rules, the remittance money received from persons abroad, who are your close relatives, is treated as a tax-free gift.
How can I send money to India via bank?
You can use Remitbee to do simple, quick and cost-effective transfer. You can make the payment using any payment method available in Canada: https://www.remitbee.com/how-to-pay .