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currency from bank or thomas cook ?

ad singh

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hi ,

please share that from where is it preferable to buy the canadian dollar... thomas cook or the international banking branch of any nationalised bank...

who offers a better deal ??
 

enfield

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ad singh said:
hi ,

please share that from where is it preferable to buy the canadian dollar... thomas cook or the international banking branch of any nationalised bank...

who offers a better deal ??
Hi,

Why take risk with cash CAD? Go for 'American Express Travelers Cheques' at least you shall get full refund within 24 hours if lost or stolen.
 

neeraj1985

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ad singh said:
hi ,

please share that from where is it preferable to buy the canadian dollar... thomas cook or the international banking branch of any nationalised bank...

who offers a better deal ??


Hi,

I totally agree with enfield on traveler cheques' advice. Being an American Express Employee I would suggest you to go for AmEx traveller Cheques'. They are the safest way of carrying cash abroad and offer lots of benefits and protection.

For more information follow this link:

http://www.americanexpress.com/india/travel/travelerscheques/default.shtml
 

ad singh

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ok traveler cheques willbe fine, what about the cash..we need some cash also ...
 

neeraj1985

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You can keep some cash too, like thousand bucks ...which should take care of the first few weeks expenses and use travellers cheques for anymore amount.

Best of luck !
 

ad singh

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thanks.. Neeraj. Buddy from where can one get the traveler cheques cashed.
 

neeraj1985

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ad singh said:
thanks.. Neeraj. Buddy from where can one get the traveler cheques cashed.
Hey bro,

Please go through this website and you can find the place which is most suitable for you for encashment of Traveler Cheques!!!

http://www.aetclocator.com/us/


When are you travelling to Canada ?
 

ad singh

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i am leaving on 29th december...neeraj. i went to bank today and they said that i should get one traveler card instead of traveler cheque?

is the card as good as traveler cheque...?
 

neeraj1985

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Hey,

I am not too sure about the differences between the two but for sure will find it out tommorow. I will speak to a travel counsler at American Express and get the information.

Just for information can you tell me which card (financial institution/network like VISA, MasterCard) was offered to you. With this information I will be in a better position to ask my colleagues and give you a specific answer.
 

ad singh

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well i went to sbop and they said they will help in making he card , i didn't ask them which card they give... visa or other one.

but whats better card or traveler cheque.... ?
 

royalsting

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ad singh said:
well i went to sbop and they said they will help in making he card , i didn't ask them which card they give... visa or other one.

but whats better card or traveler cheque.... ?
Carry both. Whats the total amount that you are planning to carry?
 

neeraj1985

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ad singh said:
well i went to sbop and they said they will help in making he card , i didn't ask them which card they give... visa or other one.

but whats better card or traveler cheque.... ?
Send me your cellphone number (inbox it)...I spoke to a travel counseler at AmEx...and the person can help u understand the whole concept....!!

I will have prelim conversation with him and once I have all the information from you ..I will get you in touch with him !
 

neeraj1985

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Hey Bro,

I just spoke to someone in American Express Traveler Cheques - Sales and got the following information from them.

You can buy traveler cheques from the following institutions:

 State Bank of India
 Thomas cook
 Cox and Kings
 Centrum
 FRR ForEx

In addition, American Express has not launched a traveler's card (foreign currency) as yet in India. So, whatever card the bank is offering you, you will have to get the information from them regarding withdrawing money from it along with any fees that's applicable.

I hope this information helps!!!

Let me know if you need to know anything else regarding American Express Traveler Cheques.
 

ragz306

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Accoding to me Thomas Cook is a better option. I dont knw why but meko vdia lagda hai :D
I hav purchased CAD at Rs 51.65/
Is it ok k mehnge hain?
 

neeraj1985

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ragz306 said:
Accoding to me Thomas Cook is a better option. I dont knw why but meko vdia lagda hai :D
I hav purchased CAD at Rs 51.65/
Is it ok k mehnge hain?
Hey Ragz,

I tried to ask the same thing from the sales team in my office but they were unable to commit to one particular price. I think probably it because of volatility in the all the major world currencies vis-a-vis INR.

But looking at the price which you bought the dollars, it seems pretty reasonable.