Posted on: 12-06-08 06:55:57
That is the difference. The ATM slip you showed, though risky, was from a bank in Canada. So the funds were in Canada which is what the CIC wants. Here in the above situation we are saying show that you have enough funds but are in a bank in India. How is that going to help?
All the best.
Quote:
Originally posted by new york
I crossed the border to get my passport stamped for PR and i did shown only a print out from ATM machine of TD bank and that was enough.
Hello every one,
Thanx alots for responding to my question, appreciate it.
You,ve made it like i am a suspect of something yet i appreciate the honesty, i think i just have to show the amount required and save myself a possible headach, and i am not sure things would go as smooth as with some people i know and some who post to my question when they brough less money.
And i just wonder iceberg, when you find a dup question why don,t you just pass, and safe us your presence!! and people her are lenient because this is the very essence of the meaning of the word HELP,,,ever heard of it? I just hope you are not some thing important in this site, for you will cut our heads not to be lenient towards dup questions! i hope you dont show when i post any further post.
Regarding if the officer has the right to decline you, as far as i know from people who went through this experience earlier and sites i have read i never seen a single indication indicate that an officer can do that, unless you are with a criminal record, wich is some you will be decline for while you are applying in the first place. I would like any otherwsie insights though regarding that,
thnx a million every one,n, take care.
My Dear Rude friend,
All I was trying to do was HELP. Sorry that you could not understand that. As far as dup posts are concerned keep posting them on CD and see how many CD come out to help in future.
Thanks for your kind words.
Quote:
Originally posted by nverlander
And i just wonder iceberg, when you find a dup question why don,t you just pass, and safe us your presence!! and people her are lenient because this is the very essence of the meaning of the word HELP,,,ever heard of it? I just hope you are not some thing important in this site, for you will cut our heads not to be lenient towards dup questions! i hope you dont show when i post any further post.
Hello,
i need to know what is the best way to transfer money to Toronto, canada? Bank Draft , traveller,s cheques, or what.
And, do you advice me opening a bank acount right away even if i am willing to land and leave after 2 months then back to canada in 6 month? if yes,, what is the best bank acount for a new comer[ types] and wich bank is better
[ if there are any differences]
Thanx a lots every one
P.S. Any one travelling on the 9th of July?
Quote:
Originally posted by nverlander
Hello,
i need to know what is the best way to transfer money to Toronto, Canada? Bank Draft , traveler's cheques, or what.
And, do you advice me opening a bank account right away even if i am willing to land and leave after 2 months then back to Canada in 6 month? if yes,, what is the best bank account for a new comer[ types] and which bank is better
[ if there are any differences]
Thanx a lots every one
P.S. Any one traveling on the 9th of July?
-----------------------------------------------------------------------------------
YES, You must be thinking that I am off my Rocker. Bear with me and read along.
There are a few Banks that have Branches in India and in Canada and also at Many other destinations. To quote a few, ICICI, HSBC, SBI, CITI Bank and there are a few more. You might have seen them on the street corners where you live. Drop in and inquire with them how to proceed. They will provide you with the exchange rate that is available on that date. Also here is a link that provides you with a chart and the prices of transactions made for with the date and times. This one is a few seconds behind the market. But will be close enough for that days exchange rates. Most of them will quote the rates at the end of the day one. They play within that range and make their profits. Those are the fluctuations for that day. I have not seen them providing me with an exchange rate that coincides with the Markets. So, try and take advantage of this information.
ttp://quotes.ino.com/chart/?s=FOREX_USDINR
< http://quotes.ino.com/chart/?s=FOREX_USDINR > Link does not open.
If you are landing in one of the cities that have one of their branches, close to where you are staying, either temporarily or for good, then open an account with them at the first available opportunity and ask them to get the funds from the Indian End into your account. Some Banks will open an account from where you are with a ZERO Balalnce. Ask if they have such a feature available with them. What it means is that you open an account over the internet or over the phone and they will provide you with a number associated with your account at the Destination. That way you have an account before you reach Canada. Which you can fund at will.
With that as a fact, you can transfer a suitable sum that you would like to have here as a proof of funds upon landing. All of this you can accomplish right from where you are. Most of the transfers are FREE. Also time your transfers with the Chart I have provided. You have ample time to accomplish this.
Most of these transactions can be reversed and the amounts can be transferred back and forth any time. All of these are Semantics. We just try and fulfill the requirements for the moment and then be get back to normalcy. Also, it is not ILLEGAL to do this. No one leaves money dormant in a bank account doing very little in the financial sector.
If you do not want to cash your securities, you can bring in the share certificates and all of the approved form of proof for the monies in your account and they all are there in the CIC website. It could be the one you showed as the proof of funds plus any other Securities in the bearer form, OR any of the securities that are negotiable. You also have a reference to them in my previous response. The main reason that they are saying all of these is, that these securities could be pledged and borrowed upon, here in Canada, with an Indian Institution that has links at the other end. Because they keep abreast of the markets at the Indian End. Also you can do the same with an open letter of credit at the Indian end, by depositing the Share certificates, bonds, GIC's and the whole kitchen sink, for your use, in case of exigencies. That will be a safe bet.
Now you have so many means of accomplishing this rather than dickering over technicalities associated with the PROOF OF FUNDS. As we say, there are more ways to kill a cat, than throwing a Grand Piano at it.
I know, I know,..... If there is a way, I will find it. Once I find it, I will post it here. But I need a good nights' rest.
Freddie.
Wow man, what an inclusive answer,,,i believe you went to sort of immigrate to Canada College. thnx alots,,though i was expecting couple of lines saying wich Bank and a short answer like, bank draft is ok,,or a money order is better. I am saying that because as a new comer who,s not in Canada yet, the head is full of questions and one has read thousands of pages on the internet, yet still need answers from those who,ve experienced the thing. I am not an Indian,and i am not in India,hopefully this is not an exclusively indian club,,,,,smile.
When i went to the money exchange here in Kuwait where i reside, the guy told me they can not transfer money to Canada without having an account there,,he said he can make a cheque with my name on it as the beneficiary, then i can open an acount once i am in there, and then transfer the cheque money into that account. is that Acceptable by the immi. officer? is that,s o.ok?
Dear ftfl, you,re doing an amazing job, really thnx.
wooops,,, i really forgot to ask some thing else,,, what if i have more than 10,000$ in cash,,,what is the most they can do,,i am no smuggler,,i am with a family, and what if i just feel free carrying my money on me,,,you said before " i dont want to be on NO body,s data base" totally agree,,i am just fed up with all the transactions, transfers, stamps, signatures,,you know,,, to get my license letter from the licensing authority here, i needed three days and couple of papers with 9 different stamps,, 6 different signatures,,so bear it with me.
