Posted on: 21-06-05 07:02:46
Hello
Can anyone suggest a place to convert some canadian dollers into Indian rupees in GTA? Someone who might give a good exchange rate?
This is for a friend..thanks a lot in advance
T
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"The grass is not, in fact, always greener on the other side of the fence. Fences have nothing to do with it. The grass is greenest where it is watered. When crossing over fences, carry water with you and tend the grass wherever you may be"
Try State Bank of India (Canada) http://www.sbicanada.com." rel="nofollow">LINK
If you want to find out the current exchange rate call them at 416-865-0414 and dial ext. 400. The automated message gives you the exchange rate for the day.
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SS
Reiki Grand Master
Any cdn bank will convert cdn to Indian Rs but not vice versa
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We will find a way or we will make one
Quote:
Orginally posted by Smiley
Any cdn bank will convert cdn to Indian Rs but not vice versa
I do not think any Canadian bank or even SBI or ICICI will convert Canadian Dollars in to Indian Rupees (CASH ) to be used in Canada, but they can certainly issue a draft in Indian Rupees payable only on a bank in India.
If the rules have changed, then would some one update?
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Thanks for all your replies. But, my friend is going to India for a vacation and he wants to carry close to 50,000 indian rupees with him. He doesnt want to change it at the airport, and was wondering is there a place in GTA where he can get cash for canadian dollers
Is travellers cheque in Indian rupees a good alternative?
Thanks again
T
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"The grass is not, in fact, always greener on the other side of the fence. Fences have nothing to do with it. The grass is greenest where it is watered. When crossing over fences, carry water with you and tend the grass wherever you may be"
Quote:
Orginally posted by Timon
Thanks for all your replies. But, my friend is going to India for a vacation and he wants to carry close to 50,000 indian rupees with him. He doesnt want to change it at the airport, and was wondering is there a place in GTA where he can get cash for canadian dollers
Is travellers cheque in Indian rupees a good alternative?
Thanks again
T
I believe that legally no one can take this much amount in Cash in Indian Rupees from out side INDIA and you can not get legally any Indian Currency outside India excluding Nepal. He would have to change his money in India at either at the Airport or at some bank dealing in Forex.
If he can get Indian Rupess Travellers cheque from SBI (??) it would be a good alternative.
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Quote:
Orginally posted by Pramod Chopra
If he can get Indian Rupess Travellers cheque from SBI (??) it would be a good alternative.
I don't think SBI issues INR TC's. You could however get :
US$ TC
CND TC
INR Bank draft (but you'd need a bank a/c in India)
or just carry US$ cash. Keep away from carrying CND cash.
The reason why I was suggesting SBI in the 1st place (see my earlier post), is 'cause their exchange rate is better then other banks when it comes to INR.
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SS
Reiki Grand Master
