How to Send Money to Nepal From Canada
From Toronto to Calgary, Nepalis in Canada send money home every month. The cheapest route is almost always an app rather than a bank wire. Here is how to compare them properly.
- From Canada, apps usually beat banks: services such as Wise and Instarem quote CAD to NPR online with the fee shown up front.
- Compare the NPR received, not the fee: a low fee with a weak rate can cost more.
- Money transfer businesses in Canada must be registered with FINTRAC; check a provider is registered before you use it.
- Bank deposit to a Nepali account is the cheapest payout and earns interest immediately.
Your options from Canada
- Remittance apps: Wise, Instarem and other online services send CAD to a Nepali bank account, usually funded from your Canadian bank account.
- Western Union and MoneyGram: useful for cash pickup when the recipient has no bank account, typically at a weaker rate.
- Bank international wire: high fees plus a rate well off the market rate; the most expensive route for regular sends.
Live CAD to NPR quotes today
| Provider | CAD→NPR rate | Fee | Family receives on C$ 1,000 |
|---|---|---|---|
| Instarem Most NPR | रू 106.18 | C$ 0.00 | रू 1,06,180 |
| Remitly | रू 105.53 | C$ 0.00 | रू 1,05,531 |
| Wise | रू 107.06 | C$ 15.22 | रू 1,05,434 |
| Xoom | रू 103.54 | C$ 0.00 | रू 1,03,535 |
Live quotes for a C$ 1,000 bank-to-bank transfer, collected 2026-10-16 via price comparison. Promotional first-transfer rates excluded. Availability and pricing change daily — the live corridor tool re-quotes every morning.
Funding your transfer
Paying from your Canadian bank account is usually the cheapest way to fund a transfer; card payments often carry an extra fee, and credit cards may be treated as cash advances. Check the payment options your provider offers before you send.
What you need
- Government photo ID for the provider's identity check; Canadian rules require money services businesses to verify customers.
- The recipient's name exactly as on their Nepali ID, bank name and account number, or wallet number.
How fast does it arrive?
Bank deposit to a Nepali account is usually same day or next day; wallet delivery is near-instant where supported; cash pickup is instant once the control number is shared. First transfers take longer while the provider verifies you.
Taxes
Sending your own money to family is not a taxable event in Canada. In Nepal, remittance received by family is not taxed; interest earned once it is deposited is subject to the normal tax deducted at source. Today's official reference rate is on the CAD to NPR rate page.
On the Nepal side
Money from Canada arrives by bank deposit, wallet or cash pickup. See our guide to receiving money in Nepal, and today's fixed deposit rates if the money will be saved.
Sending for Dashain & Tihar 2026
Dashain tika is Wednesday, October 21 and Bhai Tika Wednesday, November 11. Send by ~October 14 and ~November 2 for bank-deposit payouts. Details: sending money home for Dashain & Tihar.
Frequently asked questions
What is the cheapest way to send money from Canada to Nepal?
Usually an online remittance app funded from your bank account and paid out to a Nepali bank account. Compare the rupees received for your exact amount on the day; the leader changes.
Is it safe to use a money transfer app in Canada?
Use providers registered with FINTRAC, Canada's financial intelligence unit, which registers money services businesses. Check the provider's registration before sending.
How long does it take to send money from Canada to Nepal?
Bank deposit is usually same day or next day; cash pickup is instant once the control number is shared.
Is money sent from Canada taxed in Nepal?
No. Remittance received by family in Nepal is not taxed; interest earned on it after deposit is subject to the normal tax deducted at source.
Check today's CAD to NPR rate and history. Before you send: compare every option in the remittance apps guide, check the live corridor comparison and today's NRB exchange rates — and help the money earn at home with the best FD and savings rates.