Excellent . i got the most competitve rate in the market. The neft transaction was completed in less than 24 hours. I was guided thoroughly. 4
4 / 5
NOW

SEND MONEY To CANADA WITH

ZERO COMMISSION AND ZERO CHARGES

  • Send Money to Canada from India at Guaranteed LOWEST Rates
  • Fastest Transfers - Takes only 12-48 Hours

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:
NOW

SEND MONEY To CANADA WITH

ZERO COMMISSION AND ZERO CHARGES

  • Send Money to Canada from India at Guaranteed LOWEST Rates
  • Fastest Transfers - Takes only 12-48 Hours

Comparison: BookMyForex.com vs Others

MONEY TRANSFER ABROAD BookMyForex. com Other Forex providers*
Service Charges ZERO ₹200
Bank Charges ₹ 225 ZERO ₹ 1000
OVERALL HIDDEN CHARGES ₹ 0 ₹1200
* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion. Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements

Do Money Transfer for following purpose

A Close Relative Abroad
Your Account Abroad
A Foreign Institute
Medical Institution/ Hospital
For Immigration
Booking Your Tour

The BookMyForex Advantage


Book At Live Market Rates

Live and transparent transfer rates displayed 24x7. Options to lock-in your rate for as much as 3 days. Rate alerts to notify you when your desired rates are available.


Fastest Transfer Processing Times

All transfers are processed within 24 working hours after receipt of the funds & documents. Funds received by the beneficiary abroad within 24 hours at no extra cost.


Doorstep Document Pick Up

Book your order online and schedule a document pick up. We will pick up the documents from your home/ office at absolutely zero cost. Alternatively you can visit a bank branch to submit your documents.


Zero Transfer Charges

BookMyForex waives off all sending charges associated with processing wire transfers. While banks typically charge between Rs. 500 - Rs. 2,500, with BookMyForex you pay absolutely ZERO.

BookMyForex

2,75,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over ₹ 1,600 crore in Forex Transactions Processed

International Remittances Processed By

Sending Money to Canada From India

Whatever your reason to transfer money to Canada from India be it for studies or for maintenance of a relative or for medical tourism, BookMyForex will make the whole transfer money to Canada process easy and smooth. Not only that, whenever you send money from India, we offer you best rates, better than anyone else in the Indian forex market. Canada is a North American country stretching from the U.S. in the south to the Arctic Circle in the north. Major cities include massive Toronto, west coast film centre Vancouver, French-speaking Montréal and Québec City, and capital city Ottawa. Canada's vast swaths of wilderness include lake-filled Banff National Park in the Rocky Mountains. It's also home to Niagara Falls, a famous group of massive waterfalls.

A lot of Indians have settled in Canada and it is often referred to as mini-Punjab. The flow of money between India and Canada is huge. Canada also attracts a significant number of Indian students which means a lot of the Indian students or their parents have to transfer money to Canada from India. So if you're looking for best rates, faster transfer and excellent customer support, we at BookMyForex.com will help you to send money online to Canada.

Ways to Send Money to Canada from India:

You have two ways to transfer money to Canada from India:

1: Wire Transfer Online To Canada (Swift Transfers)

2: Demand Drafts (money orders)

What is a Wire Transfer?

Wire-transfer is the easiest and best way to transfer money to Canada from India. Though wire transfers to Canada are actually done by banks, it is cheaper to use the services of companies since like BookMyForex. These online marketplaces will get you a better rate than banks. However, wire-transfers can be expensive. As Banks in India charge anywhere from Rs. 500 to Rs. 1000 to process it. Moreover, most foreign banks that receive the money also charge a foreign correspondent fee ranging from CAD 10 to CAD 40. But at BookMyForex, we charge Zero commission or margins when you do a wire transfer online to Canada. Send Canadian Dollars with us for no additional cost to you.

What is a Foreign Currency Demand Draft?

You can send money to Canada through foreign currency demand drafts. Demand Drafts are physical paper drafts, issued in a specific foreign currency instead of a sending to a specific recipient. Demand drafts are much cheaper than doing a wire-transfer from India to Canada. You have to pay just the demand draft fee to your bank or service provider. There is no need to pay any fee to the foreign bank receiving the money. This helps you save a lot of money.

However, the problem with demand drafts is that the process takes much longer to transfer money to Canada. It can take longer for the recipient to receive the money because you have to mail the demand draft physically. Once they receive it, it takes few days to en-cash the demand draft. The total number of days combined creates a large gap (maximum up to 10 days) in actually receiving the funds. So demand drafts work out better if there is no emergency. If you need to transfer money to Canada on a planned basis with sufficient notice, use demand drafts. But if you want a faster method then you should do an online wire transfer from India to Australia.

How much money can be sent to Canada from India?

According to RBI’s LRS policy Indians can send up to $2,50,000 or its equivalent per year per person abroad to Canada.

What are the purposes under which you can Transfer money to Canada from India?

You can send money online to Canada from India for the following 8 reasons:

1: Studies abroad
2: Business Trip
3: Medical Treatment Abroad
4: Maintenance of close relatives abroad
5: Emigration
6: Going Abroad on Employment
7: Gift or Donation
8: Private Visits abroad
 
You can Transfer money to Canada through offline methods as well.

What Beneficiary details do you need to do a Wire transfer online to Canada from India?

- Beneficiary Bank Name, Swift Code, Routing number & Correspondent Account No.
- Beneficiary Name, Address (as given in bank)
- Remitter Name, Account Number and Purpose of Transaction with KYC.
- Filled A2 Form cum declaration with signature

What is the Documentation Required to do a Money transfer online to Canada?

You need following documents to send money online to Canada:
—Original and valid passport
- Valid visa for the country of travel (except where VISA on arrival applies)
- Confirmed ticket-showing travel within 60 days of taking foreign exchange
- PAN (Form 60/61 in case PAN missing)
- Apart from this KYC of sponsoring company would be required as per RBI guidelines

What are the Benefits of making a Wire Transfer to Canada via Bookmyforex.com?

Smarter, Faster Most Trusted Way to Transfer Money to Canada from India.

- Send Money through a wire transfer from India to Canada at the guaranteed best rates.
- Best Rate Guarantee – Find us a BETTER RATE & we’ll beat it.
- Fastest Transfers – Book your order online and have your transfer processed in the next 12 – 48 business hours.
- Best customer support, available 24×7 on every medium (FB/Twitter/Call/Email)
- There are no foreign transaction fees or hidden charges.
Notes:

All foreign currency transactions are subject to Service Tax.


Foreign Exchange and Money Transfer services are available though Tied-up Reserve Bank of India approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC FEMA policies instructed by Reserve Bank of India.

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How to Transfer Money in 4 easy steps

  • Step One Book your order online
  • Step Two Transfer your funds directly to one of our partnering banks
  • Step Three Customer carries all required documents in original & visits the bank branch/pickup arranged
  • Step Four Our partnering bank processes your transfer and provides a SWIFT acknowledgement shortly afterwards
 

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BookMyForex is a fully authorized money exchanger regulated by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization. | - Free Door Delivery Order Minimum is Rs. 50,000. Orders lesser than Rs.50,000 will incur a delivery charge. Order under Rs. 5000 will not be eligible for door delivery.

Same day delivery is guaranteed for orders placed before 1 pm (IST) Monday - Friday.

* Zero margin rates/ interbank rates are available only on forex cards and in select cities

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