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Scotiabank CAD to INR Transfers Compared

CAD-INR Rate Calculator

 
 
   
   
   
   
   
 

Compare Scotiabank Exchange Rates & Fees - Save Time & Money

 

Our Scotiabank CAD 10000 to INR rate is 67.01. This is -2.7% below the mid-rate.

Scotiabank international transfers at a glance

Eligible Canadian Scotiabank customers can send an international money transfer through online or mobile banking.

  • Published digital transfer fee: C$1.99, depending on the account.
  • Scotiabank's exchange rate includes a variable markup.
  • Intermediary and recipient-bank fees can apply.
  • Delivery is normally about five business days.
  • Destination and recipient-bank availability varies.

Compare the final recipient amount, not only the fixed fee.

Read the full Scotiabank review.

 
 

Scotiabank - CAD Rate Margin Analysis

The average CAD rate margin offered by Scotiabank is 4.3%.

This average is based on individual CAD 10K transfer rates in the currency pairs from Scotiabank that we monitor.

 

Scotiabank - Best and Worst Value Rates

The tables below show the best and worst exchange rate margins offered by Scotiabank for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.

Scotiabank Best Value Rates (Lowest Margins)

Currency Pair Scotiabank Rate Mid Market Rate Margin
CAD/USD 0.6907 0.7129 3.1%
CAD/SGD 0.8890 0.9205 3.4%
CAD/ZAR 11.35 11.77 3.6%
CAD/CHF 0.5549 0.5758 3.6%
CAD/NZD 1.1758 1.2201 3.6%

Scotiabank Worst Value Rates (Highest Margins)

Currency Pair Scotiabank Rate Mid Market Rate Margin
CAD/KYD 0.5529 0.5939 6.9%
CAD/TTD 4.5558 4.8397 5.9%
CAD/BMD 0.6737 0.7129 5.5%
CAD/BSD 0.6737 0.7129 5.5%
CAD/JMD 106.72 112.89 5.5%
 
 

Scotiabank wires and cards abroad

Scotiabank currently lists C$15 or US$15 for most incoming international wires, charged in the account currency. Outgoing wires and business transfers use different pricing from the personal digital transfer service.

Selected Scotiabank credit cards waive Scotiabank's foreign-currency conversion fee. The purchase still uses the applicable card-network exchange rate, which is not guaranteed to equal the mid-market rate.

International transfers may be delayed by compliance checks, intermediaries, holidays or recipient-bank processing. Verify recipient details before sending because recovery is not guaranteed.

 
   

What is the Scotiabank Send Money conversion rate for CAD to INR?

The Scotiabank CAD to INR exchange rate is 67.01. This is -2.7% compared to the latest CAD-INR mid-market rate 68.89.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Indian rupee (INR) rates from different sources before making a conversion.

The above Scotiabank - Loonie to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest CAD-INR mid-rate and the possible savings of using various providers. 

How do Scotiabank CAD-INR rates compare between providers?

Looking at the full CAD to INR - Send Money comparison table the provider with the best CAD to INR exchange rate is XE at 68.48, -0.6% from the latest mid-market rate 68.89.

The next best is Wise at 68.29, -0.87% from the mid-rate.

Then Western Union at 67.79, which is -1.6% from the mid-rate.

Among the banks the TD Bank rate is 58.34 at -15.3% the Scotiabank rate is 67.01 at -2.7% and the Royal Bank of Canada rate is 66.67 at -3.2% compared to the mid-rate 68.89.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

View a full list of exchange rates by selecting your Base (from) currency: