Best companies for CAD/INR transfers
17 of 17 providers Last updated on 10 November 2026
Based on 1,000 CAD transfer Best companies for CAD/INR transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $7.78 1 CAD = 66.2770 INR -0.16% vs mid-market	Recipient gets ₹65,761.36 Next day
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in India with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $7.781 CAD = 66.2770 INR ₹65,761.36You pay$1,000.00
Ad Instarem Pay via Interac	Fees: $0.00 1 CAD = 66.4211 INR -0.38% vs mid-market	Recipient gets ₹66,421.10 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in India with Instarem when paying by interac. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 66.4211 INR ₹66,421.10You pay$1,000.00
Run a live search Showing top Canada to India deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live CAD to INR rates.
Run a live search These companies offer multi-currency accounts for spending INR. We suggest doing a live search based on how much CAD you're planning to spend in India.
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal.
Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 67.8000 INR -2.43% vs mid-market	Recipient gets ₹67,800.00 Within a week
19 reviews Cheapest Receive to bank account or cash pickup
Ways to receive money in India with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 67.8000 INR ₹67,800.00You pay$1,000.00

Remitly Pay via Interac	Fees: $0.00 1 CAD = 67.8000 INR -2.43% vs mid-market	Recipient gets ₹67,800.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in India with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 CAD = 67.8000 INR ₹67,800.00You pay$1,000.00
Remitbee Pay via Debit Card	Fees: $0.00 1 CAD = 67.4166 INR -1.87% vs mid-market	Recipient gets ₹67,416.60 Next Day
0 reviews
Ways to receive money in India with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.4166 INR ₹67,416.60You pay$1,000.00

Remitbee Pay via Interac	Fees: $0.00 1 CAD = 67.4166 INR -1.87% vs mid-market	Recipient gets ₹67,416.60 Next Day
0 reviews
Ways to receive money in India with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.4166 INR ₹67,416.60You pay$1,000.00
Remitbee Pay via Bill payment	Fees: $0.00 1 CAD = 67.4166 INR -1.87% vs mid-market	Recipient gets ₹67,416.60 Next Day
0 reviews
Ways to receive money in India with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.4166 INR ₹67,416.60You pay$1,000.00
Remitbee Pay via Bank Transfer	Fees: $0.00 1 CAD = 67.4166 INR -1.87% vs mid-market	Recipient gets ₹67,416.60 Next Day
0 reviews
Ways to receive money in India with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.4166 INR ₹67,416.60You pay$1,000.00
Ria Money Transfer Pay via Debit Card	Fees: $1.90 1 CAD = 67.3397 INR -1.75% vs mid-market	Recipient gets ₹67,211.72 6-12 Hours
0 reviews
Ways to receive money in India with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $1.901 CAD = 67.3397 INR ₹67,211.72You pay$1,000.00 UPI6-12 Hours $1.901 CAD = 67.3397 INR ₹67,211.72You pay$1,000.00 Cash pickup6-12 Hours $1.901 CAD = 67.2117 INR ₹67,083.96You pay$1,000.00
Western Union Pay via Debit Card	Fees: $0.00 1 CAD = 67.0324 INR -1.30% vs mid-market	Recipient gets ₹67,033.00 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in India with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.0324 INR ₹67,033.00You pay$1,000.00

Western Union Pay via Bank Transfer	Fees: $0.00 1 CAD = 67.0324 INR -1.30% vs mid-market	Recipient gets ₹67,033.00 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in India with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 67.0324 INR ₹67,033.00You pay$1,000.00
Remitly Pay via Debit Card	Fees: $0.00 1 CAD = 66.9700 INR -1.20% vs mid-market	Recipient gets ₹66,970.00 Within minutes
19 reviews Receive to bank account or cash pickup
Ways to receive money in India with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes Free1 CAD = 66.9700 INR ₹66,970.00You pay$1,000.00

Remitly Pay via Credit Card	Fees: $20.00 1 CAD = 66.9700 INR -1.20% vs mid-market	Recipient gets ₹66,970.00 Within minutes
19 reviews Receive to bank account or cash pickup
Ways to receive money in India with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutes $20.001 CAD = 66.9700 INR ₹66,970.00You pay$1,020.00
Instarem Pay via Interac	Fees: $0.00 1 CAD = 66.4211 INR -0.38% vs mid-market	Recipient gets ₹66,421.10 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in India with Instarem when paying by interac. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 66.4211 INR ₹66,421.10You pay$1,000.00
TapTap Send Pay via Debit Card	Fees: $1.99 1 CAD = 66.4000 INR -0.35% vs mid-market	Recipient gets ₹66,400.00 Minutes
2 reviews Fastest Receive to bank account
Ways to receive money in India with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes $1.991 CAD = 66.4000 INR ₹66,400.00You pay$1,001.99 UPIMinutesAvailable via:UPI $1.991 CAD = 66.4000 INR ₹66,400.00You pay$1,001.99
Koho Pay via Bank Transfer	Fees: $2.86 1 CAD = 66.5209 INR -0.53% vs mid-market	Recipient gets ₹66,330.45 Within minutes
0 reviews Receive to bank account
Ways to receive money in India with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $2.861 CAD = 66.5209 INR ₹66,330.45You pay$1,000.00 UPIWithin minutesAvailable via:UPI $2.861 CAD = 66.5209 INR ₹66,330.45You pay$1,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $1.99 1 CAD = 66.3019 INR -0.20% vs mid-market	Recipient gets ₹66,301.90 6-12 Hours
2 reviews
Ways to receive money in India with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 HoursAvailable via:All Banks $1.991 CAD = 66.3019 INR ₹66,301.90You pay$1,001.99 Cash pickup6-12 Hours $4.991 CAD = 66.1344 INR ₹66,134.40You pay$1,004.99

$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $1.99 1 CAD = 66.3019 INR -0.20% vs mid-market	Recipient gets ₹66,301.90 6-12 Hours
2 reviews
Ways to receive money in India with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 HoursAvailable via:All Banks $1.991 CAD = 66.3019 INR ₹66,301.90You pay$1,001.99 Cash pickup6-12 Hours $4.991 CAD = 66.1344 INR ₹66,134.40You pay$1,004.99
$0 fee on first online transfers MoneyGram Pay via Cash deposit	Fees: $1.99 1 CAD = 66.3019 INR -0.20% vs mid-market	Recipient gets ₹66,301.90 6-12 Hours
2 reviews
Ways to receive money in India with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Bank deposit6-12 HoursAvailable via:All Banks $1.991 CAD = 66.3019 INR ₹66,301.90You pay$1,001.99 Cash pickup6-12 Hours $4.991 CAD = 66.1344 INR ₹66,134.40You pay$1,004.99
Paysend Pay via Debit Card	Fees: $0.00 1 CAD = 66.2975 INR -0.19% vs mid-market	Recipient gets ₹66,297.50 6-12 Hours
0 reviews
Ways to receive money in India with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 66.2975 INR ₹66,297.50You pay$1,000.00

Paysend Pay via Credit Card	Fees: $0.00 1 CAD = 66.2975 INR -0.19% vs mid-market	Recipient gets ₹66,297.50 6-12 Hours
0 reviews
Ways to receive money in India with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 66.2975 INR ₹66,297.50You pay$1,000.00
Only available via Mobile App Sendwave Pay via Debit Card	Fees: $1.99 1 CAD = 66.2435 INR -0.11% vs mid-market	Recipient gets ₹66,111.71 2 Days
6 reviews Receive to bank account or cash pickup
Ways to receive money in India with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days $1.991 CAD = 66.2435 INR ₹66,111.71You pay$1,000.00
Currencies Direct Pay via Bank Transfer	Fees: $0.00 1 CAD = 66.0473 INR +0.18% vs mid-market	Recipient gets ₹66,047.30 6-12 Hours
3 reviews Receive to bank account
Ways to receive money in India with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 66.0473 INR ₹66,047.30You pay$1,000.00
Panda Remit Pay via Bank Transfer	Fees: $8.99 1 CAD = 66.5309 INR -0.55% vs mid-market	Recipient gets ₹65,932.79 6-12 Hours
0 reviews
Ways to receive money in India with Panda Remit when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $8.991 CAD = 66.5309 INR ₹65,932.79You pay$1,000.00
Wise Pay via Bank Transfer	Fees: $7.78 1 CAD = 66.2770 INR -0.16% vs mid-market	Recipient gets ₹65,761.36 Next day
25 reviews Our top pick Receive to bank accountDedicated support for large transfers
Ways to receive money in India with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $7.781 CAD = 66.2770 INR ₹65,761.36You pay$1,000.00
OFX Pay via Bank Transfer	Fees: $0.00 1 CAD = 65.7390 INR +0.65% vs mid-market	Recipient gets ₹65,738.96 6-12 Hours
7 reviews Receive to bank account
Ways to receive money in India with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 65.7390 INR ₹65,738.96You pay$1,000.00
CurrencyFair Pay via Bank Transfer	Fees: $1.81 1 CAD = 65.6710 INR +0.76% vs mid-market	Recipient gets ₹65,551.00 6-12 Hours
3 reviews Receive to bank account
Ways to receive money in India with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $1.811 CAD = 65.6710 INR ₹65,551.00You pay$1,000.00
Wise Pay via Interac	Fees: $13.47 1 CAD = 66.2770 INR -0.16% vs mid-market	Recipient gets ₹65,384.25 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in India with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $13.471 CAD = 66.2770 INR ₹65,384.25You pay$1,000.00
Wise Pay via Debit Card	Fees: $18.78 1 CAD = 66.2770 INR -0.16% vs mid-market	Recipient gets ₹65,032.32 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in India with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $18.781 CAD = 66.2770 INR ₹65,032.32You pay$1,000.00
RBC Pay via Bank Transfer	Fees: $0.00 1 CAD = 64.5673 INR +2.45% vs mid-market	Recipient gets ₹64,567.26 6-12 Hours
0 reviews
Ways to receive money in India with RBC when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 64.5673 INR ₹64,567.26You pay$1,000.00
TD Bank Pay via Bank Transfer	Fees: $0.00 1 CAD = 64.4254 INR +2.67% vs mid-market	Recipient gets ₹64,425.40 6-12 Hours
0 reviews
Ways to receive money in India with TD Bank when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 64.4254 INR ₹64,425.40You pay$1,000.00
Wise Pay via Credit Card	Fees: $33.51 1 CAD = 66.2770 INR -0.16% vs mid-market	Recipient gets ₹64,056.06 Within minutes
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in India with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $33.511 CAD = 66.2770 INR ₹64,056.06You pay$1,000.00
Ria Money Transfer Pay via Credit Card	Fees: $64.00 1 CAD = 67.3397 INR -1.75% vs mid-market	Recipient gets ₹63,029.93 6-12 Hours
0 reviews
Ways to receive money in India with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $64.001 CAD = 67.3397 INR ₹63,029.93You pay$1,000.00 UPI6-12 Hours $64.001 CAD = 67.3397 INR ₹63,029.93You pay$1,000.00 Cash pickup6-12 Hours $64.001 CAD = 67.2117 INR ₹62,910.11You pay$1,000.00
How Our Results Work Mid-market rate: 1 CAD = 66.1691 INR Updates every 60 minutes.

Why compare

CAD/INR exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to India

Pick a company

Start with the cheapest, which is Remitly at 67,800 INR on CA$1,000.

Remitly was the cheapest on 29 of the 30 days it quoted CA$1,000 transfers to India.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to India?

How much CAD you send to India heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Remitly was the cheapest in 94% of the transfers up to CA$1,000 it quoted, and in 88% of all the transfers it quoted.


$100	-2.43%	$0.00	₹6,787.00with bank transfer to bank deposit	+₹358.76
$500	-2.41%	$0.00	₹33,900.00with bank transfer to bank deposit	+₹890.29
$1,000This page	-2.43%	$0.00	₹67,800.00with bank transfer to bank deposit	+₹1,581.46
$3,000	-1.88%	$0.00	₹202,249.80with debit card to bank deposit	+₹3,587.38
$10,000	-1.82%	$0.00	₹674,166.00with debit card to bank deposit	+₹10,523.59
$25,000	-0.35%	$1.99	₹1,660,000.00with debit card to bank deposit	+₹7,774.89
$50,000	-0.26%	$1.99	₹3,320,000.00with debit card to bank deposit	+₹17,314.17
$100,000	-0.37%	$1.99	₹6,640,000.00with debit card to bank deposit	+₹31,345.87

Mid-market rate: 1 CAD = 66.1691 INR

CAD/INR Exchange Rate History

Is today a good time to send money from Canada to India?

The cheapest way to send CAD to INR can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 1,000 CAD transfers to India.

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more INR per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 30 of the last 30 days.

Right now, Remitly pays 67,800 INR on 1,000 CAD, which is 1,630.94 INR more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 69,510 INR.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to India.

We've tracked 240 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

RemitlyAppeared in 113 comparisons
Cheapest in 88% of them
RemitbeeAppeared in 92 comparisons
Cheapest in 18% of them
Ria Money TransferAppeared in 16 comparisons
Never the cheapest
RBCAppeared in 88 comparisons
Never the cheapest

Based on 240 comparisons across 8 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Canada to India

There are 17 companies sending money to India, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 67,800 INR within minutes.

Our data shows Remitly came out cheapest among in-person options on 97% of days in the past month.

Cash transfers cost more

Cash transfer to India is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Remitly charges CA$0 in fees and adds -2.43% markup, so your CA$1,000 delivers 67,800 INR in within a week.

Over the past month, Remitly was the cheapest app on 97% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 17 companies we compared, Remitly is the cheapest online service and currently gets you 67,800 INR on a CA$1,000 transfer after a CA$0 fee and -2.43% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 30 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

The most expensive way

Banks

A wire from your bank carries a $30 to $80 fee, plus another 1.5 to 3% inside the exchange rate that you won't see itemized anywhere.

On a CA$1,000 transfer, a bank like RBC delivers 64,567.26 INR, against 67,800 INR with Remitly.

We found RBC was the cheapest bank on 26 of the 30 days it appeared for this amount.

The wire can feel like the safer choice for a big amount, but bank deposit insurance and the safeguards used by money transfer companies are just as safe, just different protections.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like Currencies Direct charge no fees but add 0.18% on CAD/INR interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows Currencies Direct was the cheapest broker in 16% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$1,000 for CA$2.86 in fees with -0.53% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in INR.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in INR, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Currencies Direct lets you hold CAD and INR, and convert between them at low cost.

For example, converting $1,000 costs $0 in fees at 0.18% markup, which gets you 66,047.30 INR.

Over the past month, it came out cheapest among multi-currency accounts on 70% of days.

Ways to fund CAD and receive INR in India

With Remitly, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 67,800 INR.

Our data shows that Remitly gets your recipient 3,232.74 INR more than RBC, today's cheapest bank, on the same CA$1,000.

Deposit CAD using bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive INR through bank deposit, UPI, and cash pickup.

You can receive money via UPI

Enter the recipient's UPI ID and check the verified name before confirming the transfer.

For a bank deposit payout, you will need the recipient's bank details in India.

1

Bank transfer Bank deposit

You pay CA$1,000.00

₹67,800

Cheapest
2

Interac Bank deposit

You pay CA$1,000.00

₹67,800

₹0
3

debit card Bank deposit

You pay CA$1,000.00

₹67,417

-₹383
4

Bill payment Bank deposit

You pay CA$1,000.00

₹67,417

-₹383
5

debit card UPI

You pay CA$1,000.00

₹67,212

-₹588

Show moreShow less

6

debit card Cash pickup

You pay CA$1,000.00

₹67,084

-₹716
7

credit card Bank deposit

You pay CA$1,020.00

₹66,970

-₹830
8

Bank transfer UPI

You pay CA$1,000.00

₹66,330

-₹1,470
9

Cash deposit Bank deposit

You pay CA$1,001.99

₹66,302

-₹1,498
10

credit card Cash pickup

You pay CA$1,004.99

₹66,134

-₹1,666
11

Cash deposit Cash pickup

You pay CA$1,004.99

₹66,134

-₹1,666
12

credit card UPI

You pay CA$1,000.00

₹63,030

-₹4,770

Consider this when sending CAD to India

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/INR transfer options

For a CA$1,000 transfer to India, these are the cheapest, fastest and easiest options available now.

Best way to send money to India

Remitly is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 67,800 INR, which is 0.57% more than the next best option.

Fastest way to send money to India

TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 66,400 INR in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in India.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 17 FINTRAC-registered companies sending CAD to India, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 240 comparisons across 8 amounts.

This page covers the cheapest and fastest options for CAD/INR transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Canada

Send money to India

Send money from United States to India Send money from Saudi Arabia to India Send money from United Kingdom to India Send money from Philippines to India Send money from United Arab Emirates to India Send money from Nigeria to India Send money from Germany to India Send money from France to India Send money from Australia to India Send money from Spain to India Send money from South Africa to India Send money from Mexico to India Send money from Qatar to India

Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.1866	–	₹67,186.63
Remitbee Cheapest	68.8381	$0.00	₹68,838.10	+₹1,651.47
Ria Money Transfer	68.6510	$1.90	₹68,520.52	+₹1,333.89
Remitly	66.8400	$0.00	₹66,840.00	−₹346.63
RBC	65.6225	$0.00	₹65,622.51	−₹1,564.12

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.7226	–	₹66,722.55
Remitly Cheapest	68.0900	$0.00	₹68,090.00	+₹1,367.45
RBC	64.6149	$0.00	₹64,614.87	−₹2,107.68
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.8239	–	₹66,823.90
Remitly Cheapest	68.1200	$0.00	₹68,120.00	+₹1,296.10
RBC	64.9211	$0.00	₹64,921.08	−₹1,902.82
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.8410	–	₹66,840.98
Remitly Cheapest	68.2200	$0.00	₹68,220.00	+₹1,379.02
RBC	64.9303	$0.00	₹64,930.31	−₹1,910.67
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.9627	–	₹66,962.65
Remitly Cheapest	68.2100	$0.00	₹68,210.00	+₹1,247.35
RBC	65.1403	$0.00	₹65,140.28	−₹1,822.37
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.0779	–	₹67,077.86
Remitly Cheapest	68.4500	$0.00	₹68,450.00	+₹1,372.14
RBC	65.1403	$0.00	₹65,140.28	−₹1,937.58
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.1398	–	₹67,139.84
Remitly Cheapest	68.4100	$0.00	₹68,410.00	+₹1,270.16
TD Bank	64.8568	$0.00	₹64,856.83	−₹2,283.01
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.4304	–	₹67,430.36
Remitly Cheapest	68.7200	$0.00	₹68,720.00	+₹1,289.64
RBC	65.5487	$0.00	₹65,548.66	−₹1,881.70
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.3015	–	₹67,301.49
Remitly Cheapest	68.5300	$0.00	₹68,530.00	+₹1,228.51
RBC	65.5487	$0.00	₹65,548.66	−₹1,752.83
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.4598	–	₹67,459.78
Remitly Cheapest	68.7100	$0.00	₹68,710.00	+₹1,250.22
TD Bank	65.1995	$0.00	₹65,199.54	−₹2,260.24
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.7807	–	₹67,780.71
Remitly Cheapest	69.0400	$0.00	₹69,040.00	+₹1,259.29
RBC	65.4362	$0.00	₹65,436.17	−₹2,344.54
Remitbee No quote collected this day	–	–	–	–
Ria Money Transfer No quote collected this day	–	–	–	–

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.8061	–	₹67,806.09
Remitly Cheapest	69.1000	$0.00	₹69,100.00	+₹1,293.91
Remitbee	67.4089	$0.00	₹67,408.90	−₹397.19
RBC	65.4362	$0.00	₹65,436.17	−₹2,369.92
Ria Money Transfer No quote collected this day	–	–	–	–

Mon, Oct 26, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.8827	–	₹67,882.71
Remitly Cheapest	69.2200	$0.00	₹69,220.00	+₹1,337.29
Remitbee	67.4089	$0.00	₹67,408.90	−₹473.81
RBC	65.7895	$0.00	₹65,789.47	−₹2,093.24
Ria Money Transfer No quote collected this day	–	–	–	–

Tue, Oct 27, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.8542	–	₹67,854.18
Remitly Cheapest	69.1500	$0.00	₹69,150.00	+₹1,295.82
Remitbee	67.4089	$0.00	₹67,408.90	−₹445.28
RBC	65.6642	$0.00	₹65,664.24	−₹2,189.94
Ria Money Transfer No quote collected this day	–	–	–	–

Wed, Oct 28, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.7140	–	₹67,714.03
Remitly Cheapest	69.0200	$0.00	₹69,020.00	+₹1,305.97
Remitbee	67.4089	$0.00	₹67,408.90	−₹305.13
RBC	65.2788	$0.00	₹65,278.77	−₹2,435.26
Ria Money Transfer No quote collected this day	–	–	–	–

Thu, Oct 29, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	68.1260	–	₹68,125.98
Remitly Cheapest	69.4600	$0.00	₹69,460.00	+₹1,334.02
Remitbee	67.4089	$0.00	₹67,408.90	−₹717.08
TD Bank	65.8182	$0.00	₹65,818.20	−₹2,307.78
Ria Money Transfer No quote collected this day	–	–	–	–

Fri, Oct 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	68.1823	–	₹68,182.27
Remitly Cheapest	69.5100	$0.00	₹69,510.00	+₹1,327.73
Remitbee	67.4089	$0.00	₹67,408.90	−₹773.37
RBC	65.9208	$0.00	₹65,920.79	−₹2,261.48
Ria Money Transfer No quote collected this day	–	–	–	–

Sat, Oct 31, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.9183	–	₹67,918.33
Remitly Cheapest	69.2000	$0.00	₹69,200.00	+₹1,281.67
Remitbee	67.4089	$0.00	₹67,408.90	−₹509.43
RBC	65.7682	$0.00	₹65,768.20	−₹2,150.13
Ria Money Transfer No quote collected this day	–	–	–	–

Mon, Nov 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.8349	–	₹67,834.86
Remitly Cheapest	69.1600	$0.00	₹69,160.00	+₹1,325.14
Remitbee	67.4089	$0.00	₹67,408.90	−₹425.96
RBC	65.7895	$0.00	₹65,789.47	−₹2,045.39
Ria Money Transfer No quote collected this day	–	–	–	–

Tue, Nov 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.8840	–	₹67,884.02
Remitly Cheapest	69.2100	$0.00	₹69,210.00	+₹1,325.98
Remitbee	67.4089	$0.00	₹67,408.90	−₹475.12
RBC	65.8615	$0.00	₹65,861.50	−₹2,022.52
Ria Money Transfer No quote collected this day	–	–	–	–

Wed, Nov 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.9201	–	₹67,920.07
Remitly Cheapest	69.2100	$0.00	₹69,210.00	+₹1,289.93
Remitbee	67.4089	$0.00	₹67,408.90	−₹511.17
RBC	65.9468	$0.00	₹65,946.80	−₹1,973.27
Ria Money Transfer No quote collected this day	–	–	–	–

Thu, Nov 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.7378	–	₹67,737.82
Remitly Cheapest	69.0700	$0.00	₹69,070.00	+₹1,332.18
Remitbee	67.4089	$0.00	₹67,408.90	−₹328.92
RBC	65.9468	$0.00	₹65,946.80	−₹1,791.02
Ria Money Transfer No quote collected this day	–	–	–	–

Fri, Nov 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	67.0201	–	₹67,020.11
Remitly Cheapest	68.3200	$0.00	₹68,320.00	+₹1,299.89
Remitbee	67.4089	$0.00	₹67,408.90	+₹388.79
RBC	65.2636	$0.00	₹65,263.61	−₹1,756.50
Ria Money Transfer No quote collected this day	–	–	–	–

Sat, Nov 7, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.6364	–	₹66,636.36
Remitly Cheapest	67.7400	$0.00	₹67,740.00	+₹1,103.64
Remitbee	67.4166	$0.00	₹67,416.60	+₹780.24
Ria Money Transfer	67.3397	$1.90	₹67,211.72	+₹575.37
RBC	64.5161	$0.00	₹64,516.13	−₹2,120.23

Sun, Nov 8, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	66.5442	–	₹66,544.18
Remitly Cheapest	67.7400	$0.00	₹67,740.00	+₹1,195.82
Remitbee	67.4166	$0.00	₹67,416.60	+₹872.42
Ria Money Transfer	67.3397	$1.90	₹67,211.72	+₹667.54
RBC	64.5161	$0.00	₹64,516.13	−₹2,028.05

How to send money to India from Canada with the best CAD-INR rate

Best companies for CAD/INR transfers