Canada FAQs
What is Transfer Funds Abroad Facility?
The facility allows you to send money abroad for various purposes like family support, education, etc.
How long does it take to send money to Canada from India?
Transfers typically take 1–3 business days, depending on the transfer method.
Who is eligible to do a Funds Transfer abroad?
Both Resident Indians and NRIs holding an AU Small Finance Bank account can transfer funds.
In which currencies can I send money to Canada from India?
You can send money to Canada from India in Canadian Dollars (CAD) or US Dollars (USD)
Where do I view the exchange rates?
You can view exchange rates on our AU Small Finance Bank website.
What are the charges for sending money to Canada from India?
The charges for sending money to Canada from India include commission, SWIFT charges, foreign bank fees, and applicable taxes.
What is the limit for a Resident Individual for sending money to Canada from India?
Resident individuals can send up to USD 250,000 per financial year under the LRS.
What is the limit for sending money to Canada from India from an NRE Account?
NRE account holders can send money abroad without restrictions, following AU Small Finance Bank’s procedures.
What is the limit for sending money to Canada from India from an NRO Account?
The annual limit for transferring funds from an NRO account is USD 1 million.
