How to send money from Canada to India
There are several reliable ways to transfer money from Canada to India, each with different speed and cost considerations.
- Skydo: An RBI-authorised platform built for Indian exporters and freelancers, offering one of the fastest and most cost-effective ways to receive international payments with transparent pricing and dedicated support.
- Direct bank transfer (wire): Available through Canadian banks but typically involves higher fees and slower processing times of 3 to 5 business days.
- SWIFT transfer: A widely accepted international standard for bank-to-bank transfers, though it can carry multiple intermediary fees and take several days.
- Wise: A popular online platform known for mid-market exchange rates and transparent fee structures for personal transfers.
- PayPal: Convenient for smaller amounts but generally charges higher currency conversion markups.
Choose based on transfer speed, fees, and whether you need business-focused features or personal remittance services.