Canadian Dollar cash/Draft in India?


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bill2gates   
Member since: May 05
Posts: 10
Location: India

Post ID: #PID Posted on: 07-06-05 00:54:32

Where to get CAD cash/Draft/Travellers cheque at reasonable rates in India. According to travel agent "trade wings" CAD cash selling rate is INR36/-, Any suggestions please.


:p



PMA   
Member since: Apr 05
Posts: 81
Location: Toronto (Now in India)

Post ID: #PID Posted on: 07-06-05 01:50:57

Hi

You can go to State Bank of India branch in major cities where you can get best selling rate. BTW, SBI is having a Branch in Toronto, so its easy to convert in Canada when you land. Good Luck

PMA.


Quote:
Orginally posted by bill2gates

Where to get CAD cash/Draft/Travellers cheque at reasonable rates in India. According to travel agent "trade wings" CAD cash selling rate is INR36/-, Any suggestions please.


:p


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VJ   
Member since: Mar 04
Posts: 441
Location: Mississauga-Canada

Post ID: #PID Posted on: 07-06-05 06:52:27

Hi,

You may even try with HDFC bank. They had given me good rates.

Regards,

VJ.



singhr   
Member since: Mar 05
Posts: 6
Location: scarbrough

Post ID: #PID Posted on: 07-06-05 19:05:50

bill,

You can get good rates from authorised foreign exchange dealers compared to banks.If you are in Delhi,you could try aerojet.

Other option is to split your funds between CAD and USD as USD rates are favourable compared to CAD.

singhr



sudesingh   
Member since: Jul 04
Posts: 2085
Location: Toronto

Post ID: #PID Posted on: 07-06-05 20:48:00

Quote:
Orginally posted by singhr

Other option is to split your funds between CAD and USD as USD rates are favourable compared to CAD.

singhr



If you plan on bringing funds into Canada, suggest keep away from USD, reason being the CND to USD rate has been fluctuating a lot over the past year. About 18 months ago I got around 1.34, 2 months ago it dropped to 1.19. These days it's around 1.22/1.23


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peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 28-06-05 20:20:03

Try Thomas cook , I had found their deal better than any Nationalised banks, our banks were taking mimimum of 2 days , while Thomas cook gave it in just 1 day, you have to simply tell them by phone in advance your requirements( Total CADS required)


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