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Advice needed: Bank Draft from US to Canada
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Topic: Advice needed: Bank Draft from US to Canada (Read 401 times)
SkilledPro
Hero Member
Posts: 272
Ratings: +3
Advice needed: Bank Draft from US to Canada
«
on:
December 17, 2010, 03:32:08 pm »
Hi,
I am currently in the US and will be moving from US to Canada next year. I am planning to close my bank accounts here in the US before I move to Canada. However, I am confuse if it is right to close US bank account when I need to bring bank drafts to Canada.
Is having an active US bank account necessary when I am bringing in bank drafts to canada? I am not aware yet of the process but I will consult to my bank soon. I just want to have a general idea from those who moved from US to canada.
also, is bank draft the safest way to bring money?
Will appreciate any inputs. thank you.
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qorax
VIP Member
Posts: 9238
Ratings: +1746
Re: Advice needed: Bank Draft from US to Canada
«
Reply #1 on:
December 17, 2010, 05:43:07 pm »
1.
Yes
, a bank draft is one of the safest ways to carry your landing funds.
2.
No
*
, closing the US a/c won't change anything - u can yet fetch b/drafts from any bank/travel exch.
Qorax
*
The only diff it could make is if u had a "free-of-charge" service with that a/c... else, u'd be required to pay for the draft.
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