That statement is contradictory... the a/c could EITHER be in ur name or in the name of ur firm... if it's in ur name -- u r god with it (for POF). However, if it's in ur organization's name - but tagged to ur name as well -- it's no good.
That statement is contradictory... the a/c could EITHER be in ur name or in the name of ur firm... if it's in ur name -- u r god with it (for POF). However, if it's in ur organization's name - but tagged to ur name as well -- it's no good.
thanks Captain,
let me explain my situation, the acount is on my trading firm's name and i am only one owner of the firm. so as a proprietor i am responsible for any monetary transition of this acnt.
hope this will help and eagerly waiting for ur valuable opinion---
Could be in the name of any accompanying family member. And while depositing it in a bank -- it'd only be possible at an a/c opened in the name of the one who's particulars appear on the DD.
Bundle of thanx , sir, pls keep on replying our queries as we , the newcomers, have a lot of questions in our mind. ur help is very appreciating effort to all of us.
thanks Captain,
let me explain my situation, the acount is on my trading firm's name and i am only one owner of the firm. so as a proprietor i am responsible for any monetary transition of this acnt.
hope this will help and eagerly waiting for ur valuable opinion---
we are going to cross canada immigration using CAR from buffalo border (not using flight) so in this case if we take USD equivalent to CAD (14,000 USD in my case) later we can exchange in CANADA ... , is that fine ?
we are going to cross canada immigration using CAR from buffalo border (not using flight) so in this case if we take USD equivalent to CAD (14,000 USD in my case) later we can exchange in CANADA ... , is that fine ?
1. What's the issue/hassle in declaring? It doesn't affect u in any way... it's just a procedural regulation.
2. And no, u'd still need to 'declare' it b'coz that figure is family specific... not individually.
1. What's the issue/hassle in declaring? It doesn't affect u in any way... it's just a procedural regulation.
2. And no, u'd still need to 'declare' it b'coz that figure is family specific... not individually.
I am from India and I am planning to go for my landing in the month of April, and right now i am also little confused about POF that is whether to make TC, DD, open an Scotia a/c, etc. etc. However, one of my friends who is already in Canada told me that we can carry some cash (CAD) with you for immediate use like 8-10K CAD or whatever...and the rest he said we can tell the IO that I am carrying an International Debit Card (SBI Debit Card) and we can draw money anytime anywhere in the world.
I am still confused as to what to do...
Please seniors or Captain tell me what to do...will it be okay if i do like this or will u ppl suggest me else.
Captain, Qorax..plz reply...waiting for your suggestions.
I am from India and I am planning to go for my landing in the month of April, and right now i am also little confused about POF that is whether to make TC, DD, open an Scotia a/c, etc. etc. However, one of my friends who is already in Canada told me that we can carry some cash (CAD) with you for immediate use like 8-10K CAD or whatever...and the rest he said we can tell the IO that I am carrying an International Debit Card (SBI Debit Card) and we can draw money anytime anywhere in the world.
I am still confused as to what to do...
Please seniors or Captain tell me what to do...will it be okay if i do like this or will u ppl suggest me else.
Captain, Qorax..plz reply...waiting for your suggestions.
I am planning to deposit CAN$ 10,000 in NovaScotia Bank's Branch in New Delhi (India) and take the Bank statement, DD for 4000 on PA Name DD for 4000 in Spouse Name and 3000 Can$ in cash.