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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Bank Draft in CAD or US$
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Author Topic: Bank Draft in CAD or US$  (Read 498 times)
ksa2can
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« on: January 09, 2011, 03:16:25 am »
Dear All & Respected Seniors Members,

Which currency i.e US$ or CAD is recommended in form of Bank Draft. Does banks in Canada take same time to process the Draft in CAD or US$ . Please advice.

Thanks in advance.

Kind Regards/SR
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khebra
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« Reply #1 on: January 09, 2011, 03:19:45 am »
Draft should be in CAD not US
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Kanamen
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« Reply #2 on: January 09, 2011, 03:23:21 am »
Quote from: ksa2can on January 09, 2011, 03:16:25 am
Dear All & Respected Seniors Members,

Which currency i.e US$ or CAD is recommended in form of Bank Draft. Does banks in Canada take same time to process the Draft in CAD or US$ . Please advice.

Thanks in advance.

Kind Regards/SR


My friend ,if you are new comer ,landing first time in Canada with a bank draft made outside Canada,hers how it works
You have to open a bank account and have to deposit the draft .It will take some time to cash ,you can say about 7,8 days .Better to bring C$ draft but its a not big deal if you have US one.
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ksa2can
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« Reply #3 on: January 09, 2011, 03:27:05 am »
My apologies, my query was bit confusing. What I meant was can the settlement funds be in CAD or US$ not the application fee. 
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ksa2can
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« Reply #4 on: January 09, 2011, 08:22:10 am »
Thank you everyone for your guidance.

Cheers !
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canada_future
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« Reply #5 on: January 09, 2011, 08:37:07 am »
Quote from: ksa2can on January 09, 2011, 03:27:05 am
My apologies, my query was bit confusing. What I meant was can the settlement funds be in CAD or US$ not the application fee. 


Yes it can.
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