There is typically no limit set on the amount of funds you can send from Canada to India via Wire Transfers. However, you must check with your remitting bank in Canada, as well as HDFC Bank for any specific transaction limits that may apply or be modified from time to time.
Telegraphic wire transfers from Canada to India are quick, safe, and dependable. They facilitate direct deposits to Indian Bank Accounts, usually with favourable exchange rates and minimal charges. This method ensures swift delivery of funds, making it ideal for both personal and business transactions.
For sending money to India from Canada using HDFC Bank wire transfer, you need to fill out a remittance form. This form must include HDFC Bank's Nostro Account number, SWIFT Code, and your /your beneficiary's HDFC Bank Account number. Additionally, you must provide disposal instructions, like opening a new NRE Savings Account or setting up an FCNR Deposit.