Canadian Dollar To Indian Rupee In Western Union
When it comes to sending money from Canada to India, Western Union is one of the most popular options. With over 500,000 agent locations around the world, including in both Canada and India, Western Union provides a convenient and reliable way to transfer money across borders. In this article, we will explore the process of sending Canadian dollars to Indian rupees through Western Union.
Exchange Rate
The exchange rate is one of the most important factors to consider when sending money overseas. The Canadian dollar to Indian rupee exchange rate varies from day to day, and can be influenced by a variety of economic factors. Western Union updates its exchange rates regularly to reflect current market conditions.
As of the time of writing this article, the exchange rate for Canadian dollars to Indian rupees is approximately 1 CAD = 55 INR. However, it is always a good idea to check the current exchange rate before sending money to ensure that you are getting the best possible rate.
Western Union Fees
Western Union charges fees for its money transfer services. The fees vary depending on the amount of money being sent, the destination country, and the method of transfer. Western Union offers several ways to send money, including online, through its mobile app, or in person at a Western Union agent location.
When sending money from Canada to India through Western Union, you can expect to pay a fee of approximately $5 to $15 CAD, depending on the amount being sent and the method of transfer. It is important to note that the fees charged by Western Union are in addition to the exchange rate.
How to Send Money Through Western Union
Sending money through Western Union is a straightforward process. Here are the steps to follow:
- Find a Western Union agent location near you.
- Bring a valid government-issued photo ID and the amount of money you wish to send.
- Fill out the necessary forms and provide the recipient's information, including their name and address.
- Pay the transfer fee and the amount of money you wish to send.
- Western Union will provide you with a tracking number that you can share with the recipient.
Receiving Money Through Western Union
If you are receiving money through Western Union in India, you will need to provide the sender with your full name, as it appears on your government-issued ID, and your address. You will also need to provide the sender with the tracking number that was provided to them by Western Union.
Once the money has been sent, it typically takes one to three business days for the funds to be available for the recipient to pick up at a Western Union agent location in India. The recipient will also need to provide a valid government-issued ID in order to receive the money.
Conclusion
Sending money from Canada to India through Western Union is a reliable and convenient way to transfer funds across borders. With competitive exchange rates and reasonable fees, Western Union is a popular choice for many people who need to send money overseas. By following the simple steps outlined in this article, you can easily send Canadian dollars to Indian rupees through Western Union and ensure that your money arrives safely and securely.