Upon landing do we need proof of funds in the form of liquid funds as in
1. Cash, travellers cheques, pay orders
OR
2. Will some cash and a bank statement of native country will do, and will the immigration be able to use the exchange rate to get the equivalent rate in CAD ?
Also, if cash is less than 10000 cad but total value of cash, travellers cheques and pay orders are more than 10000 cad, then do we still have to declare the funds ?
Upon landing do we need proof of funds in the form of liquid funds as in
1. Cash, travellers cheques, pay orders
OR
2. Will some cash and a bank statement of native country will do, and will the immigration be able to use the exchange rate to get the equivalent rate in CAD ?
Also, if cash is less than 10000 cad but total value of cash, travellers cheques and pay orders are more than 10000 cad, then do we still have to declare the funds ?
Any currency you are travelling with to another country has to be declared and more so if it is $10,000 or more. You can take some cash with you and the balance in other instruments like bank drafts, money orders etc or the whole cash. Most immigration officers will not ask to see your total money/POF but some may ask to see it. For this reason, it's good to have some proof like your bank statement handy. Exact exchange rate at the time you land is not important, it can be rounded up if they want to check.
Yes, it is acceptable at the time of landing.
The letter received by me from CHC accompanying the Confirmation of Permament residence letter clearly specified bank statements also along with other means such as cash, traveller cheques, etc..
I want to make sure that bank statement from native country qualifies as part of proof of funds - -
I saw a posting by a expert member here, where he strongly suggested using a combination of cash, travellers cheques and pay order but NOT bank statement of native country
