Wire transfer to Scotia - do they check source of funds?

[janepham]

Hi,

I just did my soft landing in July and wanted to move permanently in Sep/Oct. As part of the process, I'd need to wire transfer money from my current bank in my home country to the bank account I currently have with Scotia. For those of you who have done this before, will Scotia freeze the transferred money so they can do the AML checks? If yes, how long would the funds be frozen for and would you need to provide any supporting documents (i.e. notarized gift deeds, bank statements, etc.)?

Thanks much and happy migrating!

 

[janepham]

Anyone please?

 

[sam3218]

Anyone please?

I deposited money over the counter, they only asked me verbally and I don't remember my funds being frozen or anything at all

 

[janepham]

I deposited money over the counter, they only asked me verbally and I don't remember my funds being frozen or anything at all

Was wondering if there are any limits of funds transferred at all?

 

[Bs65]

Not aware of any limits for bank to bank wire transfers given people sell their houses for example and transfer the funds. I would expect due to money laundering that transfers over a certain amount are reported routinely but more to watch if there is a pattern or multiple transfers not just a few immigration related.

If you are still concerned why not ask the bank directly.

 

[janepham]

Not aware of any limits for bank to bank wire transfers given people sell their houses for example and transfer the funds. I would expect due to money laundering that transfers over a certain amount are reported routinely but more to watch if there is a pattern or multiple transfers not just a few immigration related.

If you are still concerned why not ask the bank directly.

Thanks!