Welcome to Canada's Favourite Questions and Answers Community, where you can ask practical questions and get sensible answers from people in your city and province. Do you know an answer? It's free to answer and help someone without the need to register or login.

What is the best way to send money to India from Canada?

0 votes
6 views
I have some close relatives still living in India and I need to transfer money to them to support them financially. Times have become tough for them and it seems that they need some financial help from me. I do not mind sending them money because they have done so much for my family in the past, and without their help in the past, I wouldn't be able to accomplish what I have achieved today financially.

I have heard of Western Union transfer services, and other companies offering wire money transfer but their fees could be quite high. I am thinking of transferring a certain amount of money regularly in CDN dollar to be converted to Indian Rupees. I am also worried that if in case, something happens to the money being transferred, I would like to have assurance that I would be compensated for the loss in money transit. Will there be a problem for my relatives when they go to claim the money transfer from me?
asked in London by Abdul Fahari (126 points)

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.

Related questions

...