Transfer Money From Canada to India

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Send Money To Canada at Best Exchange Rates
You want to Send money to Canada and youre
looking for a good forex company or a bank for
money transfer to Canada from India? You should
not look further than BookMyForex.com. Sending
money from India to Canada is easy and simple
with BookMyForex and you can do it all online
from the comforts of your home. Sending money to
another country is called remittance and
Remittance is of Two Types Outward Remittance
When You Send Money From India to A Foreign
Country Inward Remittance When You Send Money To
India from a Foreign Country Methods of Sending
Money To Canada You can send money to Canada
from India through following two methods Wire
Transfer Wire transfers are direct bank to bank
transfers where money from an Indian bank account
is directly transferred to your beneficiarys
bank account abroad. Popular opinion is that Wire
transfers from India are the best and most
convenient way to transfer money abroad Foreign
Currency Demand Draft A secure and hassle-free
way of transferring money. Foreign currency
demand drafts are physical paper drafts that can
be carried physically internationally or
couriered/mailed to a beneficiary abroad. Demand
drafts are perfect for things such as
applications to colleges, tenders, school fees
among other things Ways to Send Money from India
to Canada Banks Banks are safe and convenient
but the charges are high. You have to physically
visit a branch and fill out a form to send money
from India. However, you will not have enough
choice or flexibility in the options to send
money from India. You may also need to have an
account with the bank. You also will need to
show documents like an Identity proof i.e Aadhaar
card, Pan Card, Passport etc irrespective of
whether you have an account or not. Money
exchangers They are fast but very expensive and
not entirely reliable or secure. You dont need
an account but the process is time-consuming and
you need proof of residence and identity to send
money from India. Money changers may want you to
register and verify the recipient or the
beneficiary. This is to protect the security of
your fund, to prevent fraud, and to make future
remittances more streamlined. Online Forex
Companies like BookMyForex- Fast, safe, reliable,
and secure. Zero charges, no hidden costs, and
better rates than anyone else. There are several
aspects in which BookMyForex far outweighs other
money changers and banks when you need to send
money from India to Canada or any other
country. We tell you how BookMyForex Vs Banks
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Send Money To Canada at Best Exchange Rates The
exchange rates offered by banks are upto 5
higher than those offered by BookMyForex. Also,
banks follow the practice of offering one card
rates or daily rates that work out to far more
expensive than live and real time rates offered
by BookMyForex (the first and only currency
exchange in India to do so) for money transfer to
Canada from India. Banks fix a particular rate
for exchanging a particular currency on a given
day (i.e., daily rates) whereas in reality the
value of a currency constantly keeps changing in
the international market (like stocks in a stock
exchange). Therefore, their margins tend to be
higher to hedge against any losses on account of
currency fluctuation in the international
market. Also, not all branches of banks deal in
forex transactions, so finding one in your
vicinity may prove to be a challenge. On the
other hand, since BookMyForex is an online
platform for forex transactions, you can book
your order online anytime and from anywhere as
per your convenience. You get guaranteed best
rates when you send money to Canada from
India. BookMyForex Vs other currency
exchangers Many forex players are not sure about
the documentation required for money remittance
and can make you go back and forth
unnecessarily, which can be quite a pain! Just
like banks, other currency exchangers also
operate at daily rates which are not comparable
to the live rates offered by BookMyForex for
money transfer to Canada from India. Some local
money changers offer very lucrative exchange
rates provided you dont take a bill for your
transaction to send money from India to Canada.
Doing so means buying currency from the black
market, and if caught, both, the dealer and the
customer, are punishable by law and can land you
behind bars. Would you really want to take that
risk? Being an online Company, BookMyForex
provides customers the convenience of ordering
online and the guaranteed best rates to send
money from India to Canada because there are no
infrastructure costs involved. Moreover,
BookMyForex channel partners include reputed
names in the Banking Industry, making its
distribution network the largest in the country
for forex related products. This ensures that our
products are within easy reach across the
country. To book your order, visit
www.BookMyForex.com/money-transfer/ or call _at_
921221919191. When Travelling Canada , Carry
your currency in form Forex card.It is the
easiest and Convenient way to carry currency.