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Funds Management

navz143

Member
May 7, 2012
12
0
Dear All,
Its a bit confusion regarding the funds management in Pakistan before landing Canada. Few related questions need to be answered, if you guys have competent advice.

1. I need to show around 17000 CAD$ although there is a restriction not to carry more than CAD$ 10000. What is the best approach to carry funds of 17000 CAD$

2. In Pakistan, they do not provide services of Foreign Currency Account in Canadian Dollars. So can I keep US Dollars and utilize it to Canada?

3. If I prepare Foreign Demand Draft (DD) in Canadian Dollars, how much time will take the DD amount deposited in my account in Canada?

4. If I open Foreign Currency Account in Pakistan (that must be in US$), and in Canada income would be in Canadian Dollars, so will i able to deposit Canadian dollars in my Foreign Account in Pakistan?

Waiting for replies. Thanks.