కెనడా 🇨🇦 నుండి ఇండియా🇮🇳కి మనీ పంపడం ఎలా? || How to send Money to India from Abroad?

There are several easy and secure ways to send money to India from abroad. Here’s a quick overview of the most popular methods:
1. Bank Transfers (SWIFT)
• How It Works: Use your bank’s online portal or visit a branch to send money via SWIFT. You will need the recipient’s bank account number and IFSC code (Indian bank code).
• Pros: Secure and reliable.
• Cons: Can take 1-5 business days and may involve higher fees.
2. Online Money Transfer Services (Wise, Remitly, Xoom)
• How It Works: These services allow you to send money through their website or mobile app. You can transfer money to an Indian bank account, mobile wallet, or for cash pickup.
• Pros: Fast and often lower fees than banks. Good exchange rates.
• Cons: Limited cash-pickup locations.
3. Money Transfer Services (Western Union, MoneyGram)
• How It Works: Visit a local agent or use their website to send money, which can be picked up as cash in India.
• Pros: Instant transfers for cash pickup.
• Cons: Fees can be higher compared to online services.
Things to Consider:
• Exchange Rates: Compare rates to get the best deal.
• Fees: Watch for hidden fees, especially with banks.
• Speed: Some methods are instant, while others take a few days.
Choose the method that best suits your needs based on fees, speed, and convenience!
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