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342.15 GBP
We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.
We currently only list one provider for transfers to Canada.
To send Indian rupees to a bank account in Pounds sterling in Canada, the cheapest provider at the moment is Remitout, with 1,750 INR for the transfer fees and a good INR-GBP exchange rate (their current rate is 1 INR = 0.0103 GBP).
This recommendation was updated a few minutes ago.
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Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from India to Canada:
If you're sending money from India to Canada, you'll have two main options. One will be to go through your bank (which we don't recommend because of the high fees). Another option will be to use an international money transfer service.
Using an online international money transfer service is the fastest and cheapest way to transfer money from India to Canada. There are several top online transfer platforms that offer INR to USD transfers, including:
In general, money transfer services are the best way to send money abroad not only because they're the cheapest, but also because they're usually the fastest and easiest to use options out there. Find out more about money transfer services here.
Using your bank — whether it be ICICI Bank, SBI, Kotak Mahindra Bank, or any other — is indeed a reliable option for sending money from your bank account to a bank account in Canada. However, it's very expensive and transfers usually take a long time to arrive (between two and five business days). This is because bank transfers go over SWIFT, which involves many steps along the way.
In fact, sending money from India to Canada with ICICI Bank, for example, can be around 10% more expensive than making the same transfer with a top money transfer service online. It's for this reason that we generally don't recommend banks to get the job done. Learn more about why online platforms are better than banks for international transfers in our in-depth guide.
A lot of people wonder whether or not they can use Google Pay to send money from India to Canada. Unfortunately, it's not yet possible to send money this way at this time, as Google Pay only supports international money transfers from the US.
Would you describe yourself as tech-savvy? Then you'll find online money transfers very handy. The good news is that you could get more Canadian dollars for your rupees by switching to one of the online money transfer providers, for example, Wise, Remitout, or Instarem to name a few.
In the 21st century, an online money transfer is the equivalent of wiring money — only it's much cheaper and easier! With online money providers, you can send money via your mobile phone, laptop, or tablet with just a few clicks. There's no need to go to a bank or money transfer physical location. They offer much better INR-CAD exchange rates than banks and low and transparent fees. Compare your options in the list above to find the fastest, best rated, or cheapest option to send money to Canada.
Make sure to compare your options before every transfer from India to Canada to get the best INR-CAD exchange rate every time.
Let's start with the most expensive solutions: banks, cash-based money transfers, and mobile payments apps like Paypal are typically very expensive options when you factor in all fees (which include hidden exchange rate margin fees).
As we mentioned above, the cheapest way to transfer money internationally is to use a specialist money transfer service. They provide much more competitive rates, fees, and commissions than banks or Paypal. Their fees depend on various factors:
A dozen other parameters influence the price of sending money to Canada. You should check out Monito’s live comparison tool with dozens of services to find the cheapest or fastest one for you!
It comes as no surprise that the speed of your transfer depends on the method you choose to send your money from India to Canada.
Online money transfer providers are typically the fastest option. For example, Instarem offers transfers that will go to the recipient's account the same day, whereas Skrill and Wise offer transfers that arrive the next business day.
When comparing the fastest options, always be sure to also compare the exchange rate to check you’re not getting a poor deal. More information about the fastest way to send money abroad can be found in our guide.
See this guide to learn how to avoid hidden fees while sending from India to a foreign bank account.
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You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.
Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
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To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.
