RateRunnertransfer cost ledger

Corridor CAD → INR · Canadian dollar to Indian rupee

What does it cost to send Canadian dollars to India?

On 16 October 2026, the most a recipient in India got for 1,000 CAD was 66,835.73 INR via Western Union: a true cost of 3.06 CAD (0.31%) including fee and rate markup. The last of 8 quotes cost 4.60%.

Declaration · Form RR-1

Between 10 and 1,000,000. Snapshot bands: 200 / 1,000 / 5,000; other amounts are fetched live.

Quotes are indicative and come from Wise public comparison data, which lists Wise alongside banks and other services. Ranking is always by what the recipient gets.

Transfer cost receipt · CAD → INR

Most to the recipient: Western Union transfer service

You send
1,000.00 CAD
Upfront fee
0.00 CAD
Amount converted
1,000.00 CAD
Rate given
66.8357
Mid-market when quoted
67.0412
Exchange-rate markup inside the rate
3.06 CAD 0.31%
True total cost
3.06 CAD 0.31%
Recipient gets
66,835.73 INR

Picking the last quote in this ledger (OFX) instead would leave the recipient 2,880.48 INR short.

Snapshot indicative quotes retrieved 16 Oct 2026, 17:03 UTC. Quote collected 16 Oct 2026, 16:30 UTC. Source: Wise public comparison data.

Confirm the live quote on westernunion.com

Plain link to the provider's official site. No commission.

Every quote for 1,000 CAD → INR

Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.

Provider quotes ranked by amount received
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Western Unionservice 0.00 CAD 0.31% 3.06 CAD 0.31% 66,835.73 INR best
2. Remitlyservice 0.00 CAD 0.46% 4.61 CAD 0.46% 66,732.03 INR −103.70 INR
3. Instaremservice 0.00 CAD 0.52% 5.24 CAD 0.52% 66,690.04 INR −145.69 INR
4. Wiseservice 7.78 CAD 0.00% 7.78 CAD 0.78% 66,550.08 INR −285.65 INR
5. Xoomservice 0.00 CAD 0.97% 9.66 CAD 0.97% 66,393.81 INR −441.92 INR
6. Royal Bank of Canadabank 0.00 CAD 3.18% 31.82 CAD 3.18% 64,907.86 INR −1,927.87 INR
7. TD Bankbank 0.00 CAD 3.34% 33.39 CAD 3.34% 64,802.64 INR −2,033.09 INR
8. OFXservice 15.00 CAD 3.15% 46.03 CAD 4.60% 63,955.25 INR −2,880.48 INR
Set aside, not ranked (1): see methodology
BMOcollected 72 h before retrieval0.00 CAD2.64%——65,269.62 INR—

Does the cheapest option change with the amount?

Best and worst true cost by amount, CAD → INR. Retrieved 16 Oct 2026, 17:03 UTC.
You sendMost to recipientBest costWorst costRecipient gets (best)Gap best vs worstQuotes
200 CAD Instarem 0.60% 3.34% 13,327.28 INR 366.75 INR 7
1,000 CAD Western Union 0.31% 4.60% 66,835.73 INR 2,880.48 INR 8
5,000 CAD Western Union 0.31% 3.44% 334,178.65 INR 10,506.66 INR 6

What the CAD → INR numbers show

  • The provider that delivers the most changes with the amount: Instarem at 200.00 CAD, Western Union at 1,000.00 CAD, Western Union at 5,000.00 CAD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
  • At 200.00 CAD, true cost ranged from 0.60% (Instarem) to 3.34% (TD Bank); the recipient would get 366.75 INR less with the last quote than with the first.
  • Banks listed for this corridor averaged 3.26% in true cost at 1,000.00 CAD, against 1.27% for non-bank transfer services; on average 100% of the banks' cost sat inside the exchange rate rather than in a stated fee.
  • 4 of 8 quotes at 1,000.00 CAD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
True cost as a share of 1,000 CAD, CAD → INR, by provider (lower is better). Retrieved 16 Oct 2026, 17:03 UTC. Western Union 0.31% Remitly 0.46% Instarem 0.52% Wise 0.78% Xoom 0.97% Royal Bank of Canada 3.18% TD Bank 3.34% OFX 4.60% grey = upfront fee · red = exchange-rate markup · share of 1,000 CAD
True cost as a share of 1,000 CAD, CAD → INR, by provider (lower is better). Retrieved 16 Oct 2026, 17:03 UTC.

How does the quoted mid-market rate compare with the ECB reference?

The European Central Bank reference rate for CAD/INR on 16 October 2026 was 67.0600. The mid-market rate implied by the top quote at its collection time was 67.0412, a difference of −0.03%. ECB rates are published once per working day around 16:00 CET, so they drift from live market rates during the day; RateRunner uses them only as a cross-check, never to rank providers.

Every quote for 200 CAD → INR

Retrieved 16 Oct 2026, 17:03 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Instaremservice 0.00 CAD 0.60% 1.21 CAD 0.60% 13,327.28 INR best
2. Xoomservice 0.00 CAD 1.28% 2.57 CAD 1.28% 13,236.21 INR −91.07 INR
3. Western Unionservice 1.99 CAD 0.31% 2.60 CAD 1.30% 13,234.14 INR −93.14 INR
4. Remitlyservice 1.99 CAD 0.46% 2.90 CAD 1.45% 13,213.61 INR −113.67 INR
5. Wiseservice 3.17 CAD 0.00% 3.17 CAD 1.58% 13,199.44 INR −127.84 INR
6. Royal Bank of Canadabank 0.00 CAD 3.18% 6.36 CAD 3.18% 12,981.57 INR −345.71 INR
7. TD Bankbank 0.00 CAD 3.34% 6.68 CAD 3.34% 12,960.53 INR −366.75 INR
Set aside, not ranked (2): see methodology
WorldRemitcollected 71 h before retrieval0.00 CAD−1.65%——13,629.37 INR—
BMOcollected 72 h before retrieval0.00 CAD2.64%——13,053.92 INR—

Every quote for 5,000 CAD → INR

Retrieved 16 Oct 2026, 17:03 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Western Unionservice 0.00 CAD 0.31% 15.32 CAD 0.31% 334,178.65 INR best
2. Remitlyservice 0.00 CAD 0.37% 18.59 CAD 0.37% 333,960.02 INR −218.63 INR
3. Wiseservice 30.85 CAD 0.00% 30.85 CAD 0.62% 333,231.70 INR −946.95 INR
4. Xoomservice 0.00 CAD 0.84% 41.84 CAD 0.84% 332,401.28 INR −1,777.37 INR
5. TD Bankbank 0.00 CAD 3.34% 166.95 CAD 3.34% 324,013.19 INR −10,165.46 INR
6. OFXservice 15.00 CAD 3.15% 172.04 CAD 3.44% 323,671.99 INR −10,506.66 INR

What to check before paying out in India

Deposits to Indian bank accounts need the account number and the branch IFSC code; inbound transfers are commonly credited over IMPS or NEFT. Non-resident Indians should check whether the receiving account is NRE or NRO, because the rules on repatriation and tax differ. Source: Reserve Bank of India: NEFT FAQs.

Read next

Questions people ask

Which provider gave the most for 1,000 CAD sent to India?
Western Union, with 66,835.73 INR delivered, in the snapshot retrieved 16 Oct 2026, 17:03 UTC. Its upfront fee was 0.00 CAD and its rate markup 0.31%.
How much of the cost of sending CAD to INR is hidden in the exchange rate?
For the 8 quotes on 1,000 CAD, rate markups ranged from 0.00% to 3.34% of the amount converted. 4 quotes charged no upfront fee but still had a markup above 0.5%.
How current are these CAD to INR quotes?
RateRunner retrieved them on 16 Oct 2026, 17:03 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.

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Sources