Transferring Money from India to Canada now easy with Orient Exchange!
Today's Money Transfer Rate
What Our Customers Say
Orient Exchange Advantages Over Other Forex Vendors
Exchange Rate
Get the best CAD exchange rates to transfer money from India to the Canada.
Pay Only 2% to Block Rate
Freeze your CAD exchange rate by paying just 2% advance.
Video-KYC
Verify documents online with Video-KYC to save both time and cost.
Student Friendly
Seamless fee payments via Convera, Flywire, and Paymytuition for hassle-free remittance.
Transfer Money from India to Canada
Canada is one of the most preferred study destinations for Indians, thanks to its world-class universities, excellent post-study career opportunities, and strong Indian community. Today, nearly 2.9 million people of Indian origin call Canada home.
As a result, money transfers from India to Canada are common for purposes such as tuition fee payments, living expenses, family maintenance, medical treatment, and other personal or business needs.
Choosing the right money transfer service is essential, as exchange rate markups, transfer fees, hidden charges, and processing times can significantly impact the overall cost.
Orient Exchange is a trusted choice for Indians looking to make secure, fast, and cost-effective international money transfers from India to Canada.
Money Transfer from India to Canada: Banks vs Orient Exchange?
| Feature | Banks | Orient Exchange |
|---|---|---|
| Process | Requires beneficiary bank details, transfer forms, and bank verification. | Simple online process with minimal documentation and quick assistance. |
| Exchange Rate | Generally includes a higher exchange rate markup, increasing the overall cost. | Competitive exchange rates that help you save more on every transfer. |
| Transfer Charges | May include transfer fees and intermediary bank charges. | Transparent pricing with no hidden charges. |
| Processing Time | Can take 1–5 working days, depending on the bank and intermediary network. | Instant to 1 day, Fast processing with timely fund transfers. |
| Convenience | Often requires a branch visit or lengthy online banking procedures. | Complete the transfer online from the comfort of your home. |
| Customer Support | Limited personalized assistance. | Dedicated support throughout the money transfer process. |
| Best For | Customers who prefer traditional banking channels. | Customers looking for faster, cost-effective, and hassle-free international money transfers. |
| Student payments | No specialised student payments | Offer specialised student payments such as Uni-Pay, Convera, Flywire |
|Also Read: Orient Exchange vs Banks vs Other Money Changers
Cost Involved in Transferring ₹10,00,000 from India to Canada (Illustrative)
| Particulars | Banks | Orient Exchange |
|---|---|---|
| Amount Sent | ₹10,00,000 | ₹10,00,000 |
| Exchange Rate (Example) | 1 CAD = ₹63.00 | 1 CAD = ₹62.40 |
| Transfer Fee | ₹1,000 | ₹500 |
| Amount Converted | ₹9,99,000 | ₹9,99,500 |
| Canadian Dollars Received | 15,857 CAD | 16,018 CAD |
| Extra Amount Received with Orient Exchange | — | ≈161 CAD more |
Note: The above calculation is for illustration purposes only. Actual exchange rates and transfer charges vary based on market conditions and the transaction amount.
How to send money from India to Canada?
Here are few steps to transfer money to Canada from India through Orient Exchange portal
- Navigate to our online portal (www.orientexchange.in)
- Register or login to our portal.
- Select send money abroad option to Send Money from India to Canada.
- Select the purpose from the drop down menu.
- Enter the amount you want to send.
- Upload the documents, and it is all over.
- Track the payment
TCS Rates for Money Transfer to Canada from india (Effective from 1 April 2026)
| Purpose of Remittance | Up to ₹10 Lakh (FY) | Above ₹10 Lakh (FY) |
|---|---|---|
| Education (Funded through Education Loan) | Nil | Nil |
| Education (Self-funded) | Nil | 2% |
| Medical Treatment | Nil | 2% |
| Family Maintenance | Nil | 20% |
| Gift | Nil | 20% |
| Immigration | Nil | 20% |
| Employment | Nil | 20% |
| Investment & Other LRS Purposes | Nil | 20% |
Note: TCS is applicable only after your aggregate remittances exceed ₹10 lakh in a financial year under the Liberalised Remittance Scheme (LRS). It is not an additional tax—the amount collected can be claimed as a tax credit or refund while filing your Income Tax Return (ITR)
| Check: latest TCS Rates
Why Orient Exchange for transferring funds to Canada from India?
Here are some of the most significant benefits:
Convenience: Transferring money from India to Canada can be done quickly and easily via Orient Exchange portal. This means you can send money to Canada completely online without leaving your home or office.
Cost-effective: Orient Exchange offer competitive Exchange rate and low fees. This can make sending money to Canada more affordable compared to traditional wire transfers offered by banks & other money transfer modes.
Faster processing times: Orient Exchange can process transfers in a matter of minutes or days, compared to other money transfer service providers.
GIC Payment Facility: Orient Exchange has partnered with multiple Canadian banks such as Bank of Montreal, CIBC Simplii, ICICI Canada, to open and transfer funds to Canadian GIC account, which helps immensely to Indian students who wants to study in Canada.
Security: Orient Exchange use secure encryption methods to protect your personal and financial information, ensuring that your money is safe and secure.
Flexibility: Orient Exchange is available 24/7 to transfer money from India to Canada, one can easily access our online portal.
Access to funds: Transferring money to Canada from India can ensure that your family or business partners have access to the funds they need, when they need them.
Trusted Partner: Orient Exchange has rated 4.9 out of 5 from 80000+ customers on google review platform & 4.8/5 from 1000+ customers on Trustpilot, reflecting its reputation for exceptional service, reliability, and customer satisfaction in the realm of International money transfer, currency exchange and other financial services.
Different Modes of Money Transfer to Canada from India offered by Orient Exchange
Different Modes of Money Transfer to Canada from India with Orient Exchange
Orient Exchange offers multiple secure and convenient ways to transfer money from India to Canada based on your requirements:
Wire Transfer: The ideal option for family maintenance, medical expenses, investments, gifts, and other personal remittances. Funds are transferred securely through the SWIFT network with competitive exchange rates and quick processing.
Uni-Pay Card: The smartest solution for students to pay tuition fees and living expenses instantly with minimal documentation. In many cases, students may not need to provide a visa, making the process faster and more convenient.
| Know More: About Uni-Pay Card
Foreign Demand DraftA suitable option when a physical payment instrument is specifically required by an institution, although it generally takes longer than a wire transfer.
Which is the Best Option?
For family maintenance and personal remittances: Wire Transfer is the best choice due to its speed, security, and cost-effectiveness.
For overseas education payments: Uni-Pay Card is the most convenient and hassle-free option for students.
Whether you're supporting your family or paying for education abroad, Orient Exchange provides all your international money transfer solutions under one roof.
Top Canadian Universities you can send Money from India:
- McGill University
- University of Toronto
- University of British
- Columbia University of Alberta
- University of Waterloo
- Western University
- Université de Montréal
- McMaster University
- Queen’s University
- University of Ottawa
|Know: How to Pay Canada University fees from India
How Our Experts Help You Reduce the Cost of Money Transfers to Canada
At Orient Exchange, our forex experts help you maximize the value of every international money transfer by offering competitive exchange rates and smart forex solutions.
Live Exchange Rates: Our exchange rates are updated in real time, ensuring you get highly competitive rates and more Canadian Dollars(CAD) for your money. Check Today’s INR to CAD Transfer Rates
Exchange Rate Blocking: If you're waiting to make a transfer, you can lock in your preferred exchange rate for up to 48 hours by paying just a 2% advance. This protects you from adverse currency fluctuations and helps you avoid unexpected increases in transfer costs.
With expert guidance, transparent pricing, and rate-locking facilities, Orient Exchange ensures you transfer more and save more on every remittance to Canada.
What Documents required for the wire transfer to Canada from India ?
To complete your transfer, you will be asked to submit some not so rare documents.
We will list it out so that you can be ready with that when you commence the transfer process.
- PAN card
- The government recognized Address proof like the Aadhaar card, Passport, and so on.
- In case if it is for tourism purposes, the bill and invoice should be produced.
- It is the same for medical purposes too.
Contact us to know more about the required documents specifically.
Note: In case if you are thinking of how to transfer money to GIC account in Canada from India. You will have to have the GIC Account Opening Letter.
Know more about :How to Open a GIC Account and Transferring funds to GIC Account
Beneficiary details required to send Canadian Dollars
We now know the documents the sender should have. Now let us know what the receiver should possess.
Sender should provide the below details
- Passport Details
- Address
- Bank Name and Address
- Bank Account Number
- Transit Code
- Swift Code
Hope you can now send money to Canada happily without any queries. Even if you have don’t stop from reaching out to us.
Need More Help?
Mail Us at support@orientexchange.in Or Call Us on 080-4600 3700
Send Money Across the World from India
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How to Transfer Money Internationally with Orient Exchange
Enter Amount
Start by entering the amount you wish to send in INR or CAD. Our system instantly shows you the best exchange rate available.
Fill Details
Provide sender and beneficiary information, including bank account details, to ensure smooth processing as per RBI norms.
Upload Documents
Upload mandatory KYC documents like PAN, passport, or visa securely. This ensures compliance and faster approvals.
Lock Rate or Send Now
You can lock the exchange rate for up to 48 hours to safeguard against fluctuations, or proceed with an instant transfer at the current live rate.
Track Transaction
Monitor the status of your transfer in real-time and get updates until the money is credited to your beneficiary’s account in the Canada.
Frequently Asked Questions
Yes, there are certain limits on the amount of money that can be send from India to Canada. For instance, the Reserve Bank of India (RBI) has set an annual limit of $250,000[USD] or equivalent to any other currency[Including CAD] for individuals under the Liberalized Remittance Scheme (LRS). If you need to transfer more than this amount, you may need to seek special permission from the RBI.
Yes, one can transfer the funds to GIC Account through Orient Exchange. Students gets special offer on fund transfer, if they open GIC Account through us.
The time taken to transfer money from India to Canada can vary depending on the transfer method. Generally, wire transfers can take 1-5 business days & new generation payment like Unipay can hardly take 5 to 10 minutes.
Most reputable and RBI Authorized money transfer services like Orient Exchange use encryption and other security measures to protect your personal and financial information. It's important to choose a trusted provider and to take steps to safeguard your own information, such as using a strong password and avoiding public Wi-Fi networks.
If you encounter any issues or delays with your money transfer from India to Canada, you should contact our customer support team for assistance. Be prepared to provide your transfer details and any relevant documentation or information.
If you encounter any issues or delays with your money transfer from India to Canada, you should contact our customer support team for assistance. Be prepared to provide your transfer details and any relevant documentation or information.
Orient Exchange is categorized as Authorized Category 2 Dealers by RBI. All International money transfer transactions are regulated under FEMA Rules 1999.
TALK TO OUR EXPERT
For any assistance with money transfer to Canada from India, reach out to our support team. We’ll ensure a smooth process.
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