RBC CAD to INR

RBC CAD to INR
The Royal Bank of Canada (RBC) is one of the largest banks, with 16 million-plus customers and over 80,000 employees around the world.

Other than the normal banking services, RBC offers international money transfer services that allow you to transfer money to different countries.

With this service, you can send CAD to INR conveniently to your families and friends in India.

In addition, the service is available 24/7 through online banking. Further, it is secure and offers some of the most attractive rates.
How to Enroll
  • To get started, you must have a savings account in an RBC checking account.

  • Next, sign up for RBC online banking. You can also download the app from Google Play or the App Store and enroll in online banking.

  • When sending money, you will need the recipient's bank account number, the bank's swift code, and the branch where money will be picked up or sent.

    The daily amount you can send is $2500. However, you can send multiple times each day as long as you don't exceed the limit.

    Upon sending, your recipient can receive the funds in their account within 1 to 5 business days.

    If three days elapse and still no fund in their account, you can lodge an investigation but at a fee.

    The good thing with the RBC money transfer service is that the bank doesn't impose a fee on the recipient.

    However, third-party fees from their bank or financial institution may apply.

How to Send Money

If you are already enrolled on the RBC Online banking, follow these steps;

  • Select the Accounts Summary page

  • Then, scroll to Quick Payments & Transfers and choose International Money Transfer. A window with on-screen instructions pop-ups.

    There's not much difference with the RBC app, only that this time around, you'll need to select Send Money, the International Money Transfer.

    It's important to note that the recipient must be registered for RBC Online Banking when using the app.

    When sending, you must indicate the currency through which the recipient will receive the funds. In this case, choose INR.

Delivery Options
Your recipient can receive money via direct deposit to their account. Also, they can receive via cash pickup, whereby they don't have to be account holders.

However, they must present their Government-issued ID card when receiving the funds.
Fees
The fees depend on the amount you wish to send. For instance, to send amounts below $1000, you'll pay $6.00. Sending between $1,000 to $2,500 costs you $10.

Alternative to RBC: RemitBee

Choosing the best money remittance service for you is essential. With RemitBee, you can be confident that our remittance services are uncomplicated and will give you the best deals possible. As a matter of fact, our rates and fees are better than average banks and RBC.

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