Send Money Canada- Guide
- What is the purpose: Weather you are sending money to education purpose, for treatment or any other purpose.
- To whom you are sending money: one must aware of to whom you are sending money, relationship between receiver and sender is very important, one must know RBI guidelines for complete detail.
- One must aware of GIC Account because it is very necessary for Indian students to open GIC Account in Canada in order to transfer money to Canada from India.
There are several ways to send money from India to Canada, and the best method for you will depend on factors such as cost, speed, convenience, and reliability. Here are some options you could consider:
- Online money transfer services: Companies like Orient Exchange offer online money transfer services that are faster and more affordable than traditional wire transfers. These services allow you to send money from your bank account or credit card to the recipient's bank account or mobile wallet in Canada.
- International wire transfer: This is a popular method for sending money overseas. You can initiate a wire transfer from your bank account in India to the recipient's bank account in Canada. However, this method can be expensive and may take several days for the transfer to be completed.
- Orient Exchange: Orient Exchange is a well-known money transfer service that allows you to send money to Canada from India. Orient Exchange offers secured wire transfer system to send money overseas. Everything goes online without taking much time.
When choosing a method for sending money to Canada from India, be sure to compare the exchange rates, fees, and processing times of each option. Also, make sure that the service you choose is reliable and secure.
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