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Transfer Money from India to Canada New Comers

nikhil001

Full Member
Nov 29, 2016
21
1
Hi everyone,

My parents are moving to Canada on basis of PGP. How should they bring/transfer money to Canada? for example like $100,000. what options do they have? i know you can bring $10,000 cash with you first time. what about rest of $90,000? can they transfer to my account and once they arrive here, they will open bank account and i will transfer their money. I am not sure. your help will be greatly appreciated.

Thank you
 
 

dadaum

Hero Member
Dec 16, 2012
430
41
INDIA
Category........
FAM
Visa Office......
New Delhi
App. Filed.......
04-01-2016
AOR Received.
16-05-2016
File Transfer...
07-07-2016
Med's Request
13-02-2017
Med's Done....
17-02-2017,18-05-2017
Contact your banker in India and they will guide you to transfer money to your account.Where they stay?
 

aby1098

Hero Member
Sep 25, 2011
509
221
Category........
FAM
Hi everyone,

My parents are moving to Canada on basis of PGP. How should they bring/transfer money to Canada? for example like $100,000. what options do they have? i know you can bring $10,000 cash with you first time. what about rest of $90,000? can they transfer to my account and once they arrive here, they will open bank account and i will transfer their money. I am not sure. your help will be greatly appreciated.

Thank you
They can bring as much as cash in hand on first time . If you don’t want them to carry too much cash you can get a bank draft payable at Canada for the same . I did it federal bank . They have tie up with a bank in Canada so they will give it their check leaf and once they reach in they can start the account with that draft check .
Option 2 : give them a 10,000 cash check from your account on their name .
Most of the time the immigration person just ask how much u carry . If they ask to show the proof they can use the check .