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SAVE

Newbie
May 11, 2016
2
0
If a PR person has opened Account in Canada and returned to his home country,Do he need to inform their bank in home country about bank account opened in Canada ?

Can a person from his home country transfer a money to his account in Canada ? Any Issue ? as I don't know the regulations..
 
SAVE said:
If a PR person has opened Account in Canada and returned to his home country,Do he need to inform their bank in home country about bank account opened in Canada ?

Can a person from his home country transfer a money to his account in Canada ? Any Issue ? as I don't know the regulations..

1. No need to tell home country bank about Canadian bank account.

2. You can wire transfer the money from your home country to Canadian bank account provided you have all the required details for initializing wire transfer and pay all the required fees.