How do I transfer money to India through Indian Rupee Draft and when would the beneficiary receive the funds in India?
You can purchase Indian Rupee draft from any of the branches in Canada and send it to your beneficiary by either post or by delivering it personally if you are traveling to India. Once the draft is deposited by the beneficiary in his account with any bank in India, it usually takes 3-5 business days to clear the draft. If the beneficiary has an account with ICICI Bank Limited India, the funds will be credited to the account immediately.
Related Questions
- I want to transfer my Canadian (or US) funds to India without converting in to India Rupee funds, can I transfer money instantly?
- How do I transfer money to India through an Indian Rupee Draft and when would the beneficiary receive the funds in India?
- How do I transfer money to India through Indian Rupee Draft and when would the beneficiary receive the funds in India?