taking money to india? will pcfinancial debit cards work?


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jedimaster   
Member since: Apr 08
Posts: 5
Location:

Post ID: #PID Posted on: 23-04-08 23:18:36

Why did the bank advise you not to use TC? I was thinking of doing a mix of TC and cash, do you think I should convert to US dollars or just use canadian dollars? I have heard some horror stories of opening NRI accounts with CTI NRI and that it took a long time and you needed to have a minimum balance.

PC financial charges 12 dollars to send me the travellers cheques..is that an okay price?



desi in ottawa   
Member since: May 04
Posts: 1627
Location:

Post ID: #PID Posted on: 24-04-08 08:08:53

I had to bring a bigger amt by draft. So paying 1% for TC was expensive.



jedimaster   
Member since: Apr 08
Posts: 5
Location:

Post ID: #PID Posted on: 24-04-08 08:11:49

oh okay thanks for the info, can you tell me if I should take canadian dollars or US dollars?



Gapodi   
Member since: Aug 04
Posts: 186
Location:

Post ID: #PID Posted on: 24-04-08 08:54:04

so many replies but not one to the point
PC interac does NOT work in India, CIBC does.
Call your bank before you leave and let them know so that it is not blocked



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 24-04-08 09:21:29

Why pay commisions for double conversion? Convert CAD to USD and then USD to INR?


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jedimaster   
Member since: Apr 08
Posts: 5
Location:

Post ID: #PID Posted on: 24-04-08 11:19:16

Okay so your suggestion is to just use canadian travellers cheque and take canadian dollars then? I thought it wouldnt be accepted thats why I thought I should take US dollars.



puttoo   
Member since: Jan 05
Posts: 1096
Location:

Post ID: #PID Posted on: 24-04-08 11:27:13

Quote:
Originally posted by Gapodi

PC interac does NOT work in India, CIBC does.




Isn't PC same as CIBC... after all the banking is handled by CIBC.

I haven't been to India for some time now, but as far as i remember i have never seen interac logo on any ATM's .... can you use CIBC interac in India!! I know you can use mastercard , visa and maestro in most of the ATM's in India.





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