Disclosure of Funds/ Crossing the Border with more than $ 10,000

[iamina]

My family and I are soon landing Canada to live as permanent residents. We are just in the process of preparing for the documents for landing. One concern I have is the Disclosure of Funds. Half of the fund that I will bring with me will be in cash. However, the other half is in the bank in my home country and the most reasonable option for me to wire transfer this amount when I get to Canada and have my own account.

Once I land, I plan to declare all funds in the Form E677. However, I'm anxious that if I land with half of the declared funds - other half is to follow (through wire transfer) I might get in trouble or be told that I wasnt being truthful as per the Form E677. Now, my questions:

1. Would it be acceptable to just obtain a certification from the bank that half of the fund will follow through wire transfer?
2. The Immigration authorities are concerned about bringing in money more than $ 10,000. Would that still apply if the money is wire transferred? Will I get in trouble in other monetary agencies in Canada if such amount is transferred?

 

[cocknbull]

My family and I are soon landing Canada to live as permanent residents. We are just in the process of preparing for the documents for landing. One concern I have is the Disclosure of Funds. Half of the fund that I will bring with me will be in cash. However, the other half is in the bank in my home country and the most reasonable option for me to wire transfer this amount when I get to Canada and have my own account.

Once I land, I plan to declare all funds in the Form E677. However, I'm anxious that if I land with half of the declared funds - other half is to follow (through wire transfer) I might get in trouble or be told that I wasnt being truthful as per the Form E677. Now, my questions:

1. Would it be acceptable to just obtain a certification from the bank that half of the fund will follow through wire transfer?
2. The Immigration authorities are concerned about bringing in money more than $ 10,000. Would that still apply if the money is wire transferred? Will I get in trouble in other monetary agencies in Canada if such amount is transferred?

Hi!

1) Obtain a latest bank statement from your bank showing you have another half in bank. That would be acceptable at POE. You don't need to show it will be wired later on because that is obvious.

2) On landing fill the form E677 as you will be carrying $10,000 or more so you will have to declare. You can also fill it in advance but sign in presence of CBSA officer. Here is the form

http://www.cbsa-asfc.gc.ca/publications/forms-formulaires/e677.pdf


You will also get the following declaration card on flight. You have to tick yes to "Currency and/or monetary instruments of a value totalling CAN$10,000 or more per person"

http://www.cbsa.gc.ca/publications/forms-formulaires/e311-eng.pdf


Thanks