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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: How much funds to carry for landing?
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Author Topic: How much funds to carry for landing?  (Read 592 times)
Alias
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« on: August 29, 2010, 11:12:30 pm »
Hello All,

We (me and my wife) will be landing in Canada in 2011. As per CIC we need to show $13,802  CAD for both of us.

1. The site mentions that we need to declare if we are carrying more than $10,000. So do we have to declare if we are carrying in some form other than cash also - like TCs, cheque, etc?

2. I am currently in US. Can we open a bank account in Canada and transfer some fund there? Is that a possibility?

Thnx
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arman79
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« Reply #1 on: August 29, 2010, 11:13:49 pm »

check this dude Smiley

http://www.canadavisa.com/canada-immigration-discussion-board/how-much-amount-in-canadian-dollars-we-can-carry-to-canada-t51362.0.html
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Alias
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« Reply #2 on: August 30, 2010, 12:13:41 pm »
anyone?
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steaky
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« Reply #3 on: August 30, 2010, 07:00:16 pm »
yes you can open a bank account in Canada and transfer some
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smallduck
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« Reply #4 on: August 30, 2010, 09:03:25 pm »
Quote from: Alias on August 29, 2010, 11:12:30 pm
Hello All,

We (me and my wife) will be landing in Canada in 2011. As per CIC we need to show $13,802  CAD for both of us.

1. The site mentions that we need to declare if we are carrying more than $10,000. So do we have to declare if we are carrying in some form other than cash also - like TCs, cheque, etc?

2. I am currently in US. Can we open a bank account in Canada and transfer some fund there? Is that a possibility?

Thnx

Pasi (4rum member just landed few weeks ago) brought the funds in cash and travel cheques (total $13k something). So you can bring as much as you can, just remember to declare those money, there won't be any problems. For my personal experience, I tried to open an TD bank in US, and routed money to soon-to-be open account in Can, but it seems not to be reasonable. Let me know if you have any ideas
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Very very small duck
Alias
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« Reply #5 on: August 30, 2010, 10:55:13 pm »
Quote from: steaky on August 30, 2010, 07:00:16 pm
yes you can open a bank account in Canada and transfer some

Hi Steaky,

So how do I go about opening a Canadian bank account before I land while I am still in US. Is there any particular bank which I should approach - any links, contacts?

Any help will be much appreciated.

Thnx
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steaky
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« Reply #6 on: August 30, 2010, 11:15:39 pm »
Quote from: Alias on August 30, 2010, 10:55:13 pm
Hi Steaky,

So how do I go about opening a Canadian bank account before I land while I am still in US. Is there any particular bank which I should approach - any links, contacts?

Any help will be much appreciated.

Thnx

You can open a Canadian HSBC bank account before you land while you are still in US

http://www.us.hsbc.com/1/2/3/personal/inside/locator
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destinationBC
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« Reply #7 on: August 31, 2010, 01:11:29 am »
You need to carry 14000$ approx and the limit is $ 10000 per person for undeclared

Two people are travelling comes out to 7000 each. No Problem

second I see This in every thread , people are afraid of declaring the money at customs , Dont see the Logic of being nervous The problem is if you carry and dont declare,

If you declare they dont care.


thanks

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