Hi all,
I have received PR confirmation and is thinking of landing sometime in July 2022, from India. What should I provide as Proof of Funds (PoF).
I am thinking of bringing some amount (around 1K CAD) as cash and/or Forex cards and the rest as one of the following:
1. Entire PoF in Forex travel cards.
2. Foreign demand Draft in CAD.
3. Bank statements of Savings account in India showing the required PoF. Later, wire transfer the money.
Anyone has recent experience in this regard? Some of the feedback i received from friends is to make use of 2, since wire transfer can attract hefty transfer fees.
Moreover, can my brother, residing and working in the US (not a green card holder), transfer the required funds, after I have opened a bank accont, post landing? I would still be showing the PoF as per 3. Why? - Due to current market conditions, inflations, etc. conversion rates from indian currency to CAD is at the worst.
I have received PR confirmation and is thinking of landing sometime in July 2022, from India. What should I provide as Proof of Funds (PoF).
I am thinking of bringing some amount (around 1K CAD) as cash and/or Forex cards and the rest as one of the following:
1. Entire PoF in Forex travel cards.
2. Foreign demand Draft in CAD.
3. Bank statements of Savings account in India showing the required PoF. Later, wire transfer the money.
Anyone has recent experience in this regard? Some of the feedback i received from friends is to make use of 2, since wire transfer can attract hefty transfer fees.
Moreover, can my brother, residing and working in the US (not a green card holder), transfer the required funds, after I have opened a bank accont, post landing? I would still be showing the PoF as per 3. Why? - Due to current market conditions, inflations, etc. conversion rates from indian currency to CAD is at the worst.
