Coinepay | How to Send Money to India from Canada: Step-by-Step Guide

Coinepay Global Remittance lets you send money from Canada to India straight from the Coinepay app or the 24/7 self-service dashboard. Whether you are supporting family, sending a gift or settling with a partner, this guide walks through what you need, the local payout methods you can choose, and how to track the transfer until it arrives. Before you start, make sure you have a registered, identity-verified Coinepay account. If you have not signed up yet, you can create an account and complete KYC first.

Before you send: what you need

India's local currency is the Indian rupee (INR, ₹), so most payouts are delivered in rupees. To send successfully you will need:

A verified Coinepay account. Transfers are subject to identity verification and sanctions screening, so complete KYC in the app before sending.
The recipient's full legal name exactly as it appears on their bank account or ID.
The payout details for the method you choose (see below).
The purpose of the transfer. India uses inward-remittance purpose codes — for example, family maintenance and savings or a personal gift — so you may be asked to pick a reason. An incorrect or unsupported purpose can delay or cause rejection.

Coinepay shows the exchange rate and fees clearly before you confirm, and may ask for documents such as the purpose or source of funds. These are normal compliance steps.

Choose a payout method for India

Coinepay supports common local payout methods for India. The details you need to collect depend on which one you pick.

Bank account deposit

This is the most common option and credits rupees to the recipient's Indian bank account. You will typically need:

The recipient's full name as held by their bank.
The account number.
The IFSC — the 11-character Indian Financial System Code that identifies the specific bank branch (for example at Axis Bank, HDFC Bank, State Bank of India or Bank of Baroda).

India has no national IBAN format, so do not look for one. Canadian-style transit and routing numbers are not used to receive money in India either — the branch identifier is always the IFSC. The account should be KYC-compliant on the recipient's side to receive foreign credits.

UPI ID

Some transfers to India can be directed to a UPI ID. Under India's inward-remittance UPI route, the funds credit a KYC-compliant bank account linked to that UPI handle, so it behaves like a bank deposit addressed by UPI rather than a separate stored-value wallet. You will need the recipient's UPI ID and full name.

International wire (SWIFT)

For a direct wire, the receiving bank may also require the recipient's address, the receiving bank's name and its SWIFT/BIC, plus the transfer purpose. Ask the recipient to get the correct wire instructions from their own bank so nothing is missing.

Cash pickup

Cash pickup may be available depending on the location. The recipient collects the funds in person, so you will generally need their full name exactly as on their government ID and they will need that ID at the pickup point. Note that Indian rules place limits on how much of certain personal remittances can be paid out in cash, so some amounts must go to a bank account instead.

Availability of each payout method can vary by region and recipient bank. The options shown in the app at the time you send are the ones that apply to you.

Step by step: send money to India from Canada

Sign in to the Coinepay app or dashboard and open Global Remittance.
Choose the destination — India — and the receiving currency (usually INR).
Select the payout method: bank deposit, UPI ID, wire or cash pickup.
Enter the recipient's details for that method. Double-check the full name, account number and IFSC (or UPI ID, or SWIFT/BIC) against what the recipient sent you.
Enter the amount and select the transfer purpose if prompted.
Review the exchange rate and fees shown on screen before confirming. Check the amount the recipient will receive.
Confirm the transfer. Provide any supporting documents if Coinepay requests them.
Track the status in your transfer history until it shows as delivered.

Recipient-side considerations

A few things on the India side are worth knowing so your transfer arrives smoothly:

KYC-compliant account. Electronic remittances must be credited to a beneficiary account that is KYC-compliant; a bank cannot credit a non-compliant account through that route.
Purpose matters. India distinguishes between family maintenance, personal gifts and other categories. Pick the one that genuinely matches your transfer.
Gift tax. For a recipient individual or Hindu undivided family, non-exempt monetary gifts from abroad can become taxable if they exceed ₹50,000 in a year, while qualifying gifts from defined relatives are exempt. Suggest your recipient check their own tax position.
Charitable donations are different. A regulated foreign charitable contribution to an Indian association requires FCRA registration or prior permission and must go to the organisation's designated account — this is not the same as an ordinary personal gift.
Reporting. In Canada, financial institutions and money-services businesses report international electronic funds transfers of CAD 10,000 or more to FINTRAC. This is a provider reporting requirement, not a cap on what your recipient can receive.

Coinepay does not serve sanctioned persons or residents of jurisdictions under comprehensive sanctions, and all parties are screened against sanctions lists. Never try to avoid these checks by splitting a transfer or routing it through a third party.

Troubleshooting

Wrong recipient details

An incorrect name, account number or IFSC is the most common reason a receiving bank rejects and returns a payment. Verify every field with your recipient before confirming. If you spot an error after sending, contact Coinepay support as soon as possible.

Compliance review

Your transfer may be held for identity, security or source-of-funds checks. Respond promptly if Coinepay asks for documents or the purpose of funds — providing them quickly is usually the fastest way to release the transfer.

Delays

Slower funding methods, receiving-bank processing, and weekends or Indian bank holidays can all add time. A wire missing required sender or beneficiary information may also be suspended while the receiving institution asks for more detail. Check the live status in your transfer history.

Returned transfers

If a transfer is returned — for example because the account was closed, not KYC-compliant, or the details did not match — it will show in your history. Review the reason, correct the details and resend, or contact support for help tracing the funds.

Get started

Download the Coinepay app from the App Store or Google Play, or manage everything from the Coinepay dashboard. For questions about a specific payout method or a transfer in progress, reach support or the Coinepay Telegram any time.

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FAQ

What details do I need to send money to a bank account in India?

You need the recipient's full legal name as held by their bank, their account number, and the 11-character IFSC that identifies their bank branch. India has no IBAN, and Canadian transit or routing numbers are not used to receive money there.

Can I send to a UPI ID or for cash pickup?

Yes, where available. A UPI payout credits a KYC-compliant bank account linked to the recipient's UPI ID. Cash pickup lets the recipient collect funds in person with their government ID. The options shown in the Coinepay app when you send are the ones that apply to you.

Will I see the exchange rate and fees before I confirm?

Yes. Coinepay shows the exchange rate and fees clearly before you confirm, along with the amount the recipient will receive. Nothing is charged until you confirm the transfer.

Why might my transfer to India be delayed or returned?

Common causes are incorrect recipient details, a missing or unsupported transfer purpose, compliance or source-of-funds checks, slower funding methods, and bank holidays. An account that is not KYC-compliant can also cause a return. Check the status in your transfer history.

Do I need to verify my identity to send money?

Yes. You must register and complete KYC before sending. Every transfer is also subject to sanctions screening and local regulations, and Coinepay may ask for documents such as the purpose or source of funds.

How to Send Money to India from Canada: Step-by-Step Guide