DRAFT AS POF TO BE ACTUALLY DEPOSITED IN A BANK? Seniors please help...

[Can10]

I intend to land just for the sake of completion of landing record, and will return to UAE within a week time. I will be carrying a bank draft for the required amount as POF to show at the POE.

Now my question is: Am I required to actually deposit the draft in a Canadian bank or I can simply bring it back with me to UAE and get it cancelled (as I am not going to live in Canada until next summer).

Alternatively, should I open a bank account at ScotiaBank in Dubai, deposit the require amount, and take the bank statement and certificate of balance with me to Canada as POF?

I will be obliged receiving your comments/advices please.

Kind regards,

 

[Can10]

Dear Qorax, Seniors...please help me with your kind advice

 

[explorer101]

Now my question is: Am I required to actually deposit the draft in a Canadian bank or I can simply bring it back with me to UAE and get it cancelled (as I am not going to live in Canada until next summer).
>>>>> It is not required to be depositd here, you can take it back/

Alternatively, should I open a bank account at ScotiaBank in Dubai, deposit the require amount, and take the bank statement and certificate of balance with me to Canada as POF?
>>>> This step can also be done.

Opt a step which is cheeper and convient for you.

 

[Can10]

Thank you "explorer101" for your advice which is very helpful. May I also request other seniors to plesae share their thoughts about it. I want to be dead sure before proceeding.

Very best regards,

 

[qorax]

...Alternatively, should I open a bank account at ScotiaBank in Dubai, deposit the require amount, and take the bank statement and certificate of balance with me to Canada as POF?

Your this step entitles u to deposit the amount in a Canadian A/c (from Dubai) - & is not akin to bring in a draft to take it back. Both your steps r unrelated.

If u chose this step, u'd need to w/draw the funds here & carry it back to your homeland/country of residence - in whatever mode u opine/deem fit. It's not like bringing a draft & take it back.

However, as Explorer advices - both the formats r valid & possible.

Qorax

 

[Can10]

Very many thanks dear Qorax for taking time to help me with your comments...wish you best of luck in your endeavours for a successful life in Canada.