When it comes to transferring money internationally, ease, speed, and cost-effectiveness are vital. If you’re looking for a way to send money from India to Canada, Wise (formerly TransferWise) is one of the most reliable options. Not only does it offer competitive exchange rates, but with our special referral link, you can even enjoy a free transfer if you make your first transaction within 30 days!
👉 Claim Your Free Transfer Here
In this detailed blog post, I’ll guide you through the entire process of transferring money from India to Canada using Wise. Whether you’re sending money to family, paying for education, or managing international business transactions, this step-by-step guide has you covered.
Why Choose Wise for Your Transfer from India to Canada?
Wise stands out because of its transparency and affordability. Unlike traditional banks, Wise doesn’t add hidden fees or offer unfavorable exchange rates. Instead, you get the real mid-market rate, which is the most accurate and fair rate available.
Still wondering, why Wise? Here are some highlights:
- Low Fees: You save significantly compared to banks and other money transfer services.
- Fast Transfers: Most transfers are completed within 1–2 business days.
- Easy-to-Use Interface: The platform is simple, even for first-time users.
- Secure Transactions: Wise complies with stringent security standards, ensuring your money is safe.
And let’s not forget the cherry on top: Free Transfer Offer when you use this special referral link.
Step-by-Step Process for Transferring Money from India to Canada Using Wise
1. Register for a Wise Account
Start by creating an account on Wise. Here’s how you can do it:
- Visit the Wise registration page.
- Enter your email address and create a password. Alternatively, you can sign up using your Google or Facebook account.
- Verify your email address by clicking on the confirmation link sent to your inbox.
💡 Pro Tip: Use my referral link during sign-up to unlock your free transfer offer!
2. Verify Your Identity
To ensure secure transactions, Wise requires you to verify your identity. Here’s what you’ll need:
- Government-Issued ID: Passport, Aadhaar card, or PAN card.
- Proof of Address: Recent utility bill, bank statement, or rental agreement.
- Upload these documents through the Wise platform, and your verification is typically completed within a few hours.
3. Set Up Your Transfer
Once your account is ready, follow these steps:
- Log in to your Wise account.
- Select Send Money and choose the currency (INR to CAD).
- Enter the amount you want to transfer. Wise will display the fees upfront and show how much the recipient will receive.
Did you know? Wise uses the real mid-market exchange rate, which is often much better than the rates banks offer!
4. Add Recipient Details
To complete the transfer, you’ll need the recipient’s details:
- Full Name (as per their bank account).
- Bank Name and Account Number in Canada.
- SWIFT Code (You can easily find this online or ask the recipient’s bank).
5. Pay for Your Transfer
You can pay Wise using your Indian bank account. Here are your options:
- Bank Transfer: Add Wise’s local account details and initiate a NEFT/IMPS/RTGS payment from your bank app.
- UPI Payment: Convenient and fast, especially for smaller amounts.
After payment is made, Wise will process your transaction and notify you about its status via email or the app.
6. Track Your Transfer
One of the best features of Wise is its real-time tracking. You’ll know exactly where your money is at every stage of the transfer.
How to Claim Your Free Transfer
Here’s how you can avail of your free transfer using the referral link:
- Register via this link.
- Make your first transfer within 30 days.
- Enjoy a free transfer as per Wise’s terms and conditions.
Remember, this offer is limited, so don’t miss out!
FAQs About Wise India to Canada Transfers
1. How long does it take to transfer money from India to Canada using Wise?
Most transfers are completed within 1–2 business days. However, this depends on the payment method and bank processing times.
2. Are there any hidden charges with Wise?
No! Wise is completely transparent. All fees are displayed upfront before you confirm the transfer.
3. Can I track my transfer?
Absolutely. Wise provides real-time updates, so you’ll always know the status of your transfer.
4. Is Wise secure?
Yes, Wise adheres to strict financial regulations globally. Your money is safe with them.
Benefits of Using Wise for India to Canada Transfers
- Cost Savings: Avoid hefty bank charges and hidden fees.
- Convenience: Send money anytime, anywhere through the Wise app or website.
- Speed: Most transfers are completed faster than traditional banking methods.
- User-Friendly: Ideal for both tech-savvy users and beginners.
Ready to experience these benefits? Register now using this referral link.
Real-Life Example: How Rahul Saved ₹5,000 Using Wise
Rahul, an Indian student in Canada, needed to transfer ₹1,00,000 to his Canadian bank account. Initially, he considered using his bank but was shocked by the high fees and poor exchange rate.
After researching online, Rahul found Wise. By registering through a referral link, he not only saved ₹5,000 on fees but also received a free transfer for his first transaction.
👉 You too can save like Rahul! Register now: Wise Referral Link.
Tips to Maximize Your Savings with Wise
- Plan Your Transfers: Exchange rates fluctuate; transfer when rates are favorable.
- Refer Your Friends: Earn rewards when your friends sign up and make a transfer using your referral link.
- Use the Free Transfer Offer: Sign up through this referral link to get started.
Conclusion
Transferring money from India to Canada has never been easier or more cost-effective. With Wise, you enjoy competitive exchange rates, low fees, and the convenience of a user-friendly platform. Don’t forget to claim your free transfer offer by registering through this referral link.
Why wait? Start your Wise journey today and experience seamless international money transfers!