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How to show Proof of fund on Landing in Canada???

sharadsinha

Star Member
Feb 7, 2015
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Hi , i am from delhi , INDIA . I have got my PR application approved I will be landing in canada next month. As per the CIC website i need to bring 14800 CAD as proof of fund to canada. I was planning to bring a prepaid forex card but i read somewhere that bank account statement and forex card is not accepted as proof of fund.

Please those who have landed in canada from india , guide me with your experience.

Thanks in Advance
 

CrazyCanada

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Dec 25, 2014
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Canada,duh?
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Hi Sharad,
You can take funds either in the form of Demand Draft, Traveller's Cheque or Cash
Travel Cards and Bank Statements can't be verified when you are doing your landing formalities at the Immigration desk or while you make your final exit

Hope it helps :)
 

sharadsinha

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Feb 7, 2015
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Hi, i have following queries?

1) How i can make a draft as i dont have a bank account in canada. i mean to say to whom the Demand Draft will be addressed.

2) Most banks in india like sbi and hsbc has discontinued Travelers cheque. Can you please suggest where i can get the same issued in india?

Thanks.
 

steaky

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Nov 11, 2008
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If you want the demand draft payable to yourself, then address to yourself.

Why not open a HSBC premier account and have them help you a Canadian bank account?
 

dhorairaj

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Dec 6, 2008
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steaky said:
If you want the demand draft payable to yourself, then address to yourself.

Why not open a HSBC premier account and have them help you a Canadian bank account?
You can open a a/c in canada through these banks.
1) https://www.kotak.com/kotaknri/Scotia/Canada/Home.html
2)https://www.kotak.com/kotaknri/Scotia/Canada/Home.html
 

steaky

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dhorairaj said:
You can open a a/c in canada through these banks.
1) https://www.kotak.com/kotaknri/Scotia/Canada/Home.html
2)https://www.kotak.com/kotaknri/Scotia/Canada/Home.html
That's what I said in my post. With regards to the previous poster, you can make a bank draft even if you don't have a bank account in Canada. You would have to tell your bank that you would be using the bank draft for depositing your money to a Canadian bank in Canada, though.

Also your suggestion for Scotia bank might be problematic (because the Dubai branch doesn't accept cash):

http://www.canadavisa.com/canada-immigration-discussion-board/open-a-scotiabank-account-in-dubai-t34013.150.html