WISE - All required important information of a leading money transfer service provider (2024)

Brief Summary for Wise (CAD-INR)

Wise is a renowned global provider of remittance services that enables people to transfer money from Canada to India with competitive conversion rates for Canadian Dollars to Indian Rupees. The company places great importance on customer satisfaction and ensures that transactions are secure and encrypted. Wise is a trusted and efficient organization that provides fast and secure payment methods, making it an outstanding choice for sending money abroad. Furthermore, Wise has received positive feedback from its clients. As a dependable peer-to-peer currency exchange platform, Wise offers a prompt, secure, and reasonably priced resolution for individuals and businesses in need of international money transfers.

Wise offers several payment methods with best CAD to INR exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in India. Irrespective of the payment method, the receiver will get the fund in their bank account in about 4 to 5 business days. You can send up to $1,667,470. The cost for Direct Debit transactions with this company is $3.45 CAD plus a percentage of the transaction amount, with the percentage varying depending on the amount of the transaction. For transactions between $1 CAD and $189,999 CAD, the percentage is 0.75%; for transactions between $190,000 CAD and $209,999 CAD, the percentage is 0.72%; for transactions between $210,000 CAD and $529,999 CAD, the percentage is 0.68%; for transactions between $530,000 CAD and $1,000,000 CAD, the percentage is 0.64%; and for transactions between $1,000,001 CAD and $1,667,470 CAD, the percentage is 0.62%. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.

Wise is a renowned enterprise that offers global money transfer services with attractive exchange rates for individuals seeking to convert Canadian Dollars to Indian Rupee. Furthermore, Wise provides referral programs and loyalty promotions to its existing clients who plan to send money to India.