Thanks for the information. Nonetheless I know that v can carry any amount of funds but am particularly concerned about Cash! Is there any limit for that?
Yea, Draft is the gr8 idea to carry funds in a safer way, but I am getting Cash (fully legal) in significantly lesser cost than Draft/Tc, thats y I wanna use this option instead of TC/draft.
Kindly comment
Brother,
I'll advise against carrying all in 'Cash'. The same 'all eggs in one basket' rule applies. Things can go wrong somewhere.
However, I'm not aware of the Indian Airports though, but from most a/ports u can carry any amount of Cash, for 'landing purposes'. Even for visitation to countries [I'm a frequent traveller -seen most of the globe], u can carry enough Cash, provided it's source was legal [we take the Forex Exchange house receipts only].
For my 'landing', I carried a substantial amount of Cash [besides Drafts]. Cash -well above the POF requirement, via Dubai-London-Toronto. And there was no problem, in either of the a/ports. The cash was in 4 packets [all above $10K], one in the briefcase, one in the kids backpack, one in my spouse's purse & one in my Laptop bag.
They were 'security checked' everywhere, as per prevalent practice, & no questions were asked anywhere, neither in Dubai, nor in Heathrow, or in Toronto. Though I declared it [total] in Toronto, while the BSO didn't bother to check it.
But, in the final exit BSO carousel, they had taken a lot of time to log the funds 'online' into the CRS website & provided me a signed & stamped printout.
Next day, visited the TD Bank Office @ Westwood Mall, deposited all the Cash [except $22K] & the Draft/s into 2 a/cs. Got an 'unsecured' Credit Card for $5K & some 'initial' Cheques for imdt use. I picked-up the Credit Card & Cheque Book/s after 12 working days from the same bank later.
Hope that helped.
Qorax
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