Send Money to Canada | Transfer money from India to Canada

Send Money from India to Canada

At a GlanceAfter the US, Canada is the most popular choice among students pursuing degrees abroad. Having children living so far away can be difficult. You may want to send gifts to them but are not sure whether they will like your choice. In that case, transferring funds to them, which they can then use to buy something of their choice, seems like a wiser option. You might also be searching for an easy way to transfer funds to them every month, to help with their daily expenses. Whatever your reason, DBS Bank Remit makes it easier than ever to transfer money from India to Canada. With DBS Bank, transferring funds to Canada is rapid, paperless and hassle-free. Open a DBS Bank Account Now

Send Money from India to Canada in 3 simple steps with DBS Bank

Log on to the DBS Bank website

Both new and existing customers can send money from India to Canada via the DBS Bank website. New customers must download the digibank app and set up thier account, while existing customers simply need to log in to thier internet banking account to send money overseas.

Input payee details

Click on start a transfer to add the complete details of the payee such as thier name, contact number, bank name and account number, SWIFT or IBAN code, etc. The payee account will be set up in 30 minutes.

Complete the fund transfer

Click on ‘Pay and Transfer’, enter the amount (in the currency) you wish to send, and click on Overseas Transfer. Review the details before completing the fund transfer.

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BenefitsKey benefits of online overseas transfer:

Transaction Carried Out Within One Day

Your money will be transferred to the payee's account within 24 hours if you initiate the transaction process before the cut-off time.

Zero Fees for Transactions

Neither you nor your recipient will be charged any fees when you transfer money from India to Canada.

Preferential Exchange Rate

We offer preferential exchange rates for sending money abroad

Full Credit Delivery to Your Payee, Guaranteed

We ensure the delivery of the entire credit amount to your recipient when you send money to Canada from India.

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Here’s how to transfer money to your loved ones abroad using DBS Bank Remit! Open a DBS Bank Account Now

Know the CostThrough DBS Bank Remit, you have the freedom to transfer money to over 200 nations across the world. We also charge no handling fees for transferring money to many countries. If you want to send money from India to Canada in CAD, the bank fee is zero, as are our agent charges. You will be charged GST on your transaction as and when applicable. Open a DBS Bank Account Now

Transaction TimeThe recipient gets it within the day when you send money from India to Canada. DBS Bank offers this facility for the transfer of funds to numerous other countries if you initiate transfers before the deadline. The cut-off time varies from country to country.The deadline to transfer money to Canada is 11:30 AM (IST). In case you do not manage to initiate the transfer before the cut-off time for that day, there is no cause for concern. The amount will be delivered on the next working day.If you want to transfer money from India to Canada in a non-local currency, there is a provision for that too. It will merely take a bit longer. The funds will be transferred in 1-3 working days after you initiate a transfer before the cut-off time. Open a DBS Bank Account Now

How to Use DBS Bank Remit ServicesFor DBS Bank users

Visit the DBS Bank ibanking website

New to, DBS Bank?

Open Instant DBS Bank Savings Account in just a few minutes.

Download digibank.

Fill your details and complete KYC.

Activate your DBS Bank savings account.

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How do I transfer money to Canada online?

Log in to DBS Bank ibanking, go to the section 'Pay & transfer' and then 'Overseas Transfer'.Add bank details of your new payee, or click on 'Start a transfer' if your payee details are already added. On successful processing, you will receive an email and SMS as confirmation.

How do I add the recipient to send money from India to Canada?

Once you log in, you will be required to add some details of your new overseas payee like their full name, account number and bank details before a payment can be processed. As a security measure, confirmation of a new payee is done after specific steps:

A challenge code will be sent to you via SMS

Open the DBS Bank app to find the message 'Digital Token' on the pre-login page

Enter the challenge code to receive an OTP

Confirm the new payee by typing in the OTP on the Internet Banking page

Can I transfer money from India to Canada on the DBS Bank app?

What are the documents I need to send money to Canada from India?

Since all details and declaration are obtained digitally, no paper documents are required for this process. Please read our terms and conditions thoroughly before agreeing to them.

What are the purposes for which I can send money to Canada from India?

You can send money to Canada for many purposes:

Education

Maintenance of relatives

Emigration

Gifts/donation

Holidays

Medical treatment

Travel for education

Business trip

Travel expense for medical treatment

Travelling for pilgrimage

Is there any minimum and maximum limit?

The daily minimum per transaction limit is USD 10 (or its equivalent), and the upper limit is USD 25,000. The maximum limit per year is USD 250,000 or equivalent (fixed by Reserve Bank of India).